Starbucks has named a longtime PepsiCo executive as its new CEO. The coffee giant said Thursday that Laxman Narasimhan will join Starbucks on Oct. 1 after relocating from London to Seattle, where Starbucks is based. He will work closely with Starbucks’ interim CEO Howard Schultz through April 1, when he will assume the CEO role…
Samsung Names New CEOs, to Merge Mobile, Consumer Electronics Units
December 9, 2021
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SEOUL, SOUTH KOREA—Samsung Electronics Co. Ltd. will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business. Two co-chief executives, instead of three, will lead the South Korean firm as it pivots…
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