FOX Business Flash top headlines for September 1
Check out what’s clicking on FoxBusiness.com.
Laxman Narasimhan will become Starbucks' next CEO and replace interim CEO Howard Schultz, the coffeehouse company announced Thursday.
Narasimhan will join the company in October, working closely with Schultz during the transition period, which is scheduled to end in April 2023, Starbucks said in a press release.
Starting in April 2023, Narasimhan will become CEO, and Schultz will leave his interim role.
Narasimhan comes to Starbucks after heading up Reckitt Benckiser Group, the company behind brands such as Lysol, Mucinex, Air Wick and Dettol.
CLICK HERE TO READ MORE ON FOX BUSINESS