Where Data Tells the Story
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This graphic shows the history of Starbucks CEOs since the company’s founding in 1971.
Laxman Narasimhan is out as CEO after Starbucks’ recent woes. This is particularly interesting, as Howard Schultz once praised him as a “strategic and transformational leader”.
Here were some of the lowlights during Narasimhan’s tenure.
Niccol will replace Narasimhan as CEO on Sept. 4, tasked with reversing Starbucks’ declining sales. Niccol has a wealth of experience in the food industry, serving as CEO of Taco Bell (2015-2018) and Chipotle (2018-2024).
Under his leadership, Chipotle moved on from its E. coli controversy in 2016 and has seen strong, consistent revenue growth.