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Published 19:54 IST, August 13th 2024

Laxman Narasimhan to step down as Starbucks CEO, Brian Niccol to take over

Following the announcement, Starbucks shares surged by 15% in premarket trading, while Chipotle’s shares declined by 8.3%.

Reported by: Business Desk
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Laxman Narasimhan
Laxman Narasimhan | Image: World Economic Forum
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19:54 IST, August 13th 2024