Starbucks Details Comprehensive Plan to Navigate Current Economic Conditions and Strengthen Foundation for Future Growth

Following the global search for the new leader of Starbucks, Laxman Narasimhan joined the company as incoming ceo on October 1, 2022, bringing nearly 30 years of experience leading global consumer goods businesses and advising retail, grocery, restaurant and e-commerce companies.

Ahead of its 2023 Annual Meeting of Shareholders, Starbucks announced planned investments to advance its ambitious target to cut its water and waste footprints in half by 2030.

Company leaders are attending a two-day gathering designed to build capability and confidence needed to transform their stores and the partner (employee) experience.