Narasimhan

Starbucks Corporation Issues Statement in Response to SOC Nomination

Retrieved on: 
Wednesday, November 22, 2023
Retail, Specialty, Restaurant, Bar, Food, Beverage, Fortress Investment Group, Security (finance), Investment, Immersion, Starbucks, Annual general meeting, COVID-19, SBUX, SOC, Environment, Narasimhan, Partners for Community Impact, Management, Audit

Starbucks Corporation (Nasdaq: SBUX) confirmed that it has received a notice of nomination by Strategic Organizing Center (SOC) Investment Group of three director candidates for election to the Starbucks Board of Directors at its 2024 Annual Meeting of Shareholders.

Key Points: 
  • Starbucks Corporation (Nasdaq: SBUX) confirmed that it has received a notice of nomination by Strategic Organizing Center (SOC) Investment Group of three director candidates for election to the Starbucks Board of Directors at its 2024 Annual Meeting of Shareholders.
  • Since its founding, Starbucks has been committed to a process of continuous improvement and transformation at all levels and has consistently sought to create opportunities for its partners.
  • That continues today through our ongoing dialogue with our partners, as well as all of our stakeholders.
  • Today, Starbucks has a diverse, engaged, and independent Board with a balanced mix of experience, skills, and perspectives.

Micron Appoints Raj Narasimhan as Senior Vice President and General Manager of the Compute and Networking Business Unit

Retrieved on: 
Wednesday, February 1, 2023
Electronics, Computing, University, R, Hazra, Micrometre, University of Madras, Artificial intelligence, Micron Technology, Engineering, Management, DDR5, Narasimhan

BOISE, Idaho, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the appointment of Raj Narasimhan to the role of senior vice president and general manager of its Compute and Networking Business Unit.

Key Points: 
  • BOISE, Idaho, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the appointment of Raj Narasimhan to the role of senior vice president and general manager of its Compute and Networking Business Unit.
  • Narasimhan will be responsible for leading Micron’s largest business, driving advances in memory products focused on high-performance computing, artificial intelligence, and cloud and client computing.
  • He will report to Sumit Sadana, Micron’s executive vice president and chief business officer.
  • During his tenure as general manager of Micron’s Compute and Networking Business Unit, Hazra accelerated the company’s leadership in the cloud and data center space, and positioned Micron to lead the industry in DDR5 adoption.

Starbucks Enters New Era of Growth Driven by an Unparalleled Reinvention Plan

Retrieved on: 
Tuesday, September 13, 2022
Finance, Restaurant, Bar, Food, Beverage, Retail, Professional Services, Odyssey, Efficiency, Nature, Compliance, Uber Eats, Investment, Cyprus Securities and Exchange Commission, Financial condition report, Espresso, Leadership, NASDAQ, Coffee, International, DoorDash, Time, Growth, COVID, History, Event, Food, Acceleration, Failure, Schultz, Infection, Clover, Form 10-K, Economics, Partnership, Women Deliver, Analysis, Cold, Share repurchase, EPS, Board, Security (finance), SBUX, Foodservice, GAAP, Conversation, Omnichannel, Narasimhan, Â, Result, Solution, Cold-pressed juice, Form, Multimedia, Reinvention, Webcast, Public relations, Online shopping, Cryptocurrency, Bank, COVID-19, Starbucks

In connection with its Reinvention plan, Starbucks introduced a framework for accelerated earnings growth over the next three years, underpinned by enhanced comparable store sales growth, increased store count growth, continued margin expansion, and disciplined capital allocation.

Key Points: 
  • In connection with its Reinvention plan, Starbucks introduced a framework for accelerated earnings growth over the next three years, underpinned by enhanced comparable store sales growth, increased store count growth, continued margin expansion, and disciplined capital allocation.
  • Starbucks is a growth company, and our accelerated expansion is a direct reflection of the expected returns from our Reinvention plan, said Ruggeri.
  • Starbucks also expects to continue robust store development in China, with net unit growth of approximately 13% annually.
  • Starbucks now expects global revenue growth in the range of 10% to 12% annually from fiscal 2023 to fiscal 2025.

Starbucks Names Laxman Narasimhan as Next Chief Executive Officer

Retrieved on: 
Thursday, September 1, 2022
Restaurant, Bar, Food, Beverage, Agriculture, Natural Resources, Retail, Starbucks, ORT Braude College of Engineering, Coffee, University, Partnership, Reinvention, NASDAQ, College, Hygiene, Laxman Narasimhan, Council, Culture, Wharton School of the University of Pennsylvania, Board, Lauder Institute, Brookings Institution, Learning, McKinsey & Company, Mechanical, Savitribai Phule Pune University, Investment, Multimedia, MBA, Bangladesh Technical Education Board, PepsiCo, Leadership, Foreign relations, SBUX, Company, Farm, International studies, University of Pennsylvania, Wendell Pritchett, Mechanical engineering, Growth, Management, Narasimhan, Reckitt

Starbucks (NASDAQ: SBUX) today announced that Laxman Narasimhan will become the companys next chief executive officer and a member of the Starbucks Board of Directors.

Key Points: 
  • Starbucks (NASDAQ: SBUX) today announced that Laxman Narasimhan will become the companys next chief executive officer and a member of the Starbucks Board of Directors.
  • Most recently, he served as chief executive officer of Reckitt, a FTSE-12 listed multinational consumer health, hygiene and nutrition company, where he led the company through a major strategic transformation and a return to sustainable growth.
  • On behalf of the entire Board, I am thrilled to welcome Laxman as Starbucks next ceo, said Mellody Hobson, Independent Starbucks Board of Directors chair.
  • Previously, Narasimhan held various leadership roles at PepsiCo, including as global chief commercial officer, where he was responsible for the companys long-term strategy and digital capabilities.

Prabha Narasimhan Becomes Managing Director and CEO of CP India

Retrieved on: 
Thursday, September 1, 2022
Women, Other Retail, Consumer, Retail, Men, Axion, Toothpaste, HUL, Oral hygiene, Northern Asia-Pacific Division of Seventh-day Adventists, Ajax, Personal, Home care in the United States, Narasimhan, Natural Resources, Innovation, Multimedia, PETS, Water, Colgate-Palmolive, India Reloaded: Inside India's Resurgent Consumer Market, Customer development, Leadership, Speed Stick, Company, Elmex, SKIN, PCA, Mouthwash, Marketing, Management, Softsoap, Limited, Hindustan Unilever, Fabuloso, Palmolive, Protex, Sanex

Prabha Narasimhan today became Managing Director and Chief Executive Officer of Colgate-Palmolive (India) Limited, a leading subsidiary of the Colgate-Palmolive Company.

Key Points: 
  • Prabha Narasimhan today became Managing Director and Chief Executive Officer of Colgate-Palmolive (India) Limited, a leading subsidiary of the Colgate-Palmolive Company.
  • CP India announced her appointment in March 2022, and she has been special projects vice president for Colgates Asia Pacific Division.
  • I am delighted to welcome Prabha as the leader of the CP India business, said Mukul Deoras, President, Asia-Pacific Division and CP India Chairman.
  • CP India is the market leader in Oral Care, manufacturing and marketing toothpastes, toothpowder, toothbrushes, oil pulling products and mouthwashes under the Colgate brand.

Elavon Merchant Services names new President for Europe

Retrieved on: 
Wednesday, August 17, 2022
Banking, Fintech, Professional Services, Finance, Multimedia, U.S. Bancorp, Boston Consulting Group, Industry, NYSE, Technology, Growth, Merchant services, Leadership, U.S. Bank Tower (Los Angeles), American Express, Small business, USB, Achievement, Financial Conduct Authority, Central Bank of Ireland, EEA, Central bank, Boston, Online shopping, Financial services, Narasimhan, Elavon, Visa

Elavon Merchant Services, one of Europes largest payments processors, has appointed Hemlata Narasimhan as its president in Europe.

Key Points: 
  • Elavon Merchant Services, one of Europes largest payments processors, has appointed Hemlata Narasimhan as its president in Europe.
  • View the full release here: https://www.businesswire.com/news/home/20220817005183/en/
    Hemlata Narasimhan, President of Elavon Merchant Services, Europe (Photo: Business Wire)
    Narasimhan joins at a time of explosive growth for e-commerce and digital payments, and as hospitality and travel sectors gain strength after the pandemic.
  • Elavon Financial Services DAC, trading as Elavon Merchant Services, is deemed authorised and regulated by the Financial Conduct Authority.
  • Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland.

Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles

Retrieved on: 
Thursday, December 16, 2021
Organization, ECM, SAN, Mobility, EV, Original equipment manufacturer, Adoption, Fortune 1000, Atmosphere, Investment, Content management system, Frost, Narasimhan, Architecture, Frost & Sullivan, Automation, Renewable energy, Satellite navigation device, 3D printing

SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases.

Key Points: 
  • SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases.
  • Their suitability for autonomous delivery vehicles, eShuttles, and electric light commercial vehicles (eLCVs) is expected to result in a $5.20 billion global market by 2030.
  • Narasimhan added: "ECM adoption is likely to increase after 2025 when OEMs start offering purpose-built vehicles based on skateboard architecture.
  • As electric vehicles and autonomous driving become more mainstream, there will be inevitable changes in automotive design and development.

Electric Corner Modules Show Potential to Integrate Powertrain, Suspension, and Steering Systems in Autonomous Vehicles

Retrieved on: 
Thursday, December 16, 2021
Organization, ECM, SAN, Mobility, EV, Original equipment manufacturer, Adoption, Fortune 1000, Atmosphere, Investment, Content management system, Frost, Narasimhan, Architecture, Frost & Sullivan, Automation, Renewable energy, Satellite navigation device, 3D printing

SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases.

Key Points: 
  • SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Automotive original equipment manufacturers (OEMs) are expected to replace powertrain suspension and steering systems with electric corner modules (ECMs) as the demand for purpose-built vehicles increases.
  • Their suitability for autonomous delivery vehicles, eShuttles, and electric light commercial vehicles (eLCVs) is expected to result in a $5.20 billion global market by 2030.
  • Narasimhan added: "ECM adoption is likely to increase after 2025 when OEMs start offering purpose-built vehicles based on skateboard architecture.
  • As electric vehicles and autonomous driving become more mainstream, there will be inevitable changes in automotive design and development.

Novartis pledges 10-year commitment with Morehouse School of Medicine, 26 Historically Black Colleges, Universities, Medical Schools and other leading organizations to co-create effective, measurable solutions for health equity

Retrieved on: 
Tuesday, July 20, 2021
Articles, Health, Determinants of health, Health care quality, Narasimhan, Health equity, Novartis

Leaders from these companies, organizations, and learning institutions have signed a pledge to co-develop programs focused on building trust in the health care system with communities of color and making measurable progress towards health equity.

Key Points: 
  • Leaders from these companies, organizations, and learning institutions have signed a pledge to co-develop programs focused on building trust in the health care system with communities of color and making measurable progress towards health equity.
  • "At Novartis, we envision a world with equity in health for all.
  • Just as there are a multitude of factors and causes behind racial disparities in health and education, there is no single solution to this critical challenge.
  • It will take the concerted, urgent action of diverse stakeholders across the public and private sectors," said Vas Narasimhan, MD, CEO of Novartis.

Laxman Narasimhan Elected to Verizon Board of Directors

Retrieved on: 
Friday, June 25, 2021
Companies, Reckitt, Industry economics), Narasimhan, Verizon Communications, Lakshman, Verizon, VZ, Rakesh Kapoor

BASKING RIDGE, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Laxman Narasimhan, to the Verizon Board of Directors, effective July 1, 2021.

Key Points: 
  • BASKING RIDGE, N.J., June 25, 2021 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Laxman Narasimhan, to the Verizon Board of Directors, effective July 1, 2021.
  • Laxman is Chief Executive Officer of Reckitt Benckiser Group Plc (Reckitt), a FTSE 12 listed British multinational consumer health, hygiene and nutrition company.
  • The addition of Mr. Narasimhan will bring Verizons total board membership to ten, nine of whom are independent, effective July 1, 2021.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020.