Laxman Narasimhan Age
As of 2024, he is 57 years old.
Laxman Narasimhan Date of Birth
It’s either 15 April 1967 or 15 May 1967.
Laxman Narasimhan Wife
Laxman is married to Vidhya.
Laxman Narasimhan Education
He has a degree in mechanical engineering from the College of Engineering, Pune, an MA in German and International Studies from The Lauder Institute at the University of Pennsylvania, and an MBA in Finance from the University of Pennsylvania.
Laxman Narasimhan Family
He was born in Pune in a Hindu family. Narasimhan is married with two children. The names of his family members are not known, since he maintains a private life.
Laxman Narasimhan Daughter
He has a daughter but her name is not available in the public domain.
| See also: Jasmin Walia Biography |
Laxman Narasimhan Tamil
He was born in Pune.
Laxman Narasimhan Nationality
He is an Indian-American.
Where does Laxman Narasimhan live?
He lives in Greenwich, Connecticut, US.
Laxman Narasimhan Net Worth
The Indian-origin business executive has an estimated net worth of $49.9 Million.
Laxman Narasimhan Salary
The ex-Starbucks CEO reportedly earned Rs. 140 crores a year.
What languages does Laxman Narasimhan speak?
He can speak 6 languages including English, German, Spanish (conversational level), and 3 Indian languages.
Why did Starbucks change its CEO?
Just after 17 months, Starbucks is replacing its CEO, Laxman Narasimhan. Brian Niccol, a fast-food industry veteran and Chipotle CEO, will take his place from September 9, 2024. Till then, Starbucks Chief Financial Officer (CFO) Rachel Ruggeri will serve as interim CEO.
The reason for the sudden leadership change is underwhelming sales performance and pressure from investors.
The coffee giant’s shares declined by 20% this year, and the last two quarters were bad in terms of sales.
What is Laxman Narasimhan’s leadership style?
Mr. Laxman has a Shepherd Leadership style. It is about putting more weight on the team goals over personal goals and guiding the team to success. He went to ground zero and worked as a barista at multiple Starbucks locations. The experience helped him understand the daily challenges of his employees.