Six notable CEOs who left their jobs within months
7 months, 2 weeks ago

Six notable CEOs who left their jobs within months

Live Mint  

The abrupt departure of Laxman Narasimhan as chief executive of Starbucks ushered him into a group of high-profile executives who have resigned, or been ousted, after less than two years in the position. Ron Johnson, J.C. Penney CEO tenure: November 2011-April 2013 J.C. Penney hired Johnson, a longtime Apple executive seen as a retail star, with great fanfare. Bob Chapek, Disney CEO tenure: February 2020-November 2022 After years of succession intrigue, Disney picked Chapek, its head of parks and resorts, to replace longtime CEO Bob Iger. Ed Whitacre, General Motors CEO tenure: December 2009-September 2010 The Obama administration brought the former AT&T boss out of retirement amid GM’s federally financed bankruptcy reorganization. Edward Liddy, American International Group CEO tenure: September 2008-August 2009 Liddy came out of retirement to take over AIG during the financial crisis at the request of then-Treasury Secretary Henry Paulson.

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History of this topic

Starbucks replaces its CEO, names Chipotle chief to head the company
7 months, 2 weeks ago

Starbucks replaces its CEO, names Chipotle chief to head the company

LA Times  

Starbucks has seen weakened sales and other issues including competition from lower-cost companies in China. The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chipotle, will become Starbucks’ chairman and CEO on Sept. 9. Narasimhan, a longtime PepsiCo executive who has also served as the CEO of Reckitt, a U.K.-based consumer health company, became Starbucks’ CEO in …

Indian-origin Laxman Narasimhan takes over as Starbucks CEO
2 years ago

Indian-origin Laxman Narasimhan takes over as Starbucks CEO

Hindustan Times  

Indian-origin executive Laxman Narasimhan on Monday officially assumed the role of Chief Executive Officer of global coffee giant Starbucks, joining the growing cohort of business leaders originally hailing from India at the helm of global corporations. Laxman Narasimhan In September last year, Starbucks had announced that Narasimhan would become the company’s next chief executive officer and a member of the …

Starbucks new CEO Laxman Narasimhan takes his seat
2 years ago

Starbucks new CEO Laxman Narasimhan takes his seat

Associated Press  

Starbucks officially has a new CEO. The Seattle coffee giant said Monday that Laxman Narasimhan has assumed the role of CEO and joined the company’s board of directors. Narasimhan succeeds longtime Starbucks leader Howard Schultz, who came out of retirement last spring to serve as interim CEO while the company searched for a new chief executive. Starbucks announced last Septembe …

Starbucks new CEO Laxman Narasimhan takes his seat
2 years ago

Starbucks new CEO Laxman Narasimhan takes his seat

LA Times  

Starbucks officially has a new chief executive. The Seattle coffee giant said Monday that Laxman Narasimhan has assumed the CEO role and joined the company’s board of directors. Narasimhan succeeds longtime Starbucks leader Howard Schultz, who came out of retirement last spring to serve as interim CEO while the company searched for a new chief. Starbucks announced last September that …

Everything to know about Disney’s CEO shake-up and its effect on the entertainment giant
2 years, 4 months ago

Everything to know about Disney’s CEO shake-up and its effect on the entertainment giant

LA Times  

Bob Iger returned to the role of chief executive of the Walt Disney Co. in November 2022, replacing Bob Chapek, his hand-picked successor. The Burbank-based entertainment giant’s board ousted Chapek after nearly three years. Chapek took over the job from Iger in early 2020, just before the COVID-19 pandemic shuttered theaters and shut down Disneyland and the company’s theme parks …

Starbucks names former PepsiCo executive as new CEO
2 years, 6 months ago

Starbucks names former PepsiCo executive as new CEO

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. He will work closely with Starbucks' interim CEO Howard …

Who are the CEOs that quit their jobs in 2017?
7 years, 3 months ago

Who are the CEOs that quit their jobs in 2017?

Live Mint  

New York: It’s that special season when we reflect on those titans of business who held centre stage this year. According to his Harvard Business Review profile, Immelt’s legacy is one of innovation, digital investment and the transformation of a General Electric Co. portfolio that “was simply too broad and too opaque.” GE’s stock price tells a somewhat different story, …

GE CEO speculation puts spotlight on possible Immelt successor
10 years ago

GE CEO speculation puts spotlight on possible Immelt successor

Live Mint  

New York/Dallas: About 15 years after General Electric Co. held a high-profile bake-off to determine the successor to then-chief executive officer Jack Welch, speculation has begun over who could be next in line for the top post. A sudden vacancy now may favor a seasoned executive such as Rice, 58, while Simonelli, 41, may be better situated if Immelt departs …

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