Starbucks next CEO Laxman Narasimhan will take THIS huge amount as his base salary
Beginning the new innings with Starbucks corps, Laxman Narasimhan will draw $1.3 million as his annual base salary. He will also get some bonuses to chill down the incentives he will be relinquishing by leaving Reckitt Benckiser. These bonuses are $1.5 million cash signing bonus and $9.25 million value replacement equity grant.
Sep 02, 2022, 18:20 PM IST
Indian-origin Laxman Narasimhan named new Starbucks CEO -- Read details here
Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company. Starbucks announced on Thursday that Narasimhan will become the company's next chief executive officer and a member of the Starbucks Board of Directors.
Sep 02, 2022, 09:37 AM IST
Reckitt Benckiser to buy Mead Johnson for $16.6 billion
Reckitt Benckiser has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion, taking the British consumer goods company into a new area and expanding its presence in developing markets.
Feb 10, 2017, 15:32 PM IST
Russia bans Durex condoms over holes in paperwork
Russia has banned the widely popular Durex condoms over a bureaucratic issue regarding the products' registration, the country's health care watchdog said Thursday.
Jun 17, 2016, 14:10 PM IST
P&G to resume manufacturing, sale of Vicks Action 500 Extra
FMCG firm Procter and Gamble (P&G) today said it will resume manufacturing and sale of its popular brand 'Vicks Action 500 Extra' after the Delhi High Court stayed government's order banning fixed dose combination drugs
Mar 16, 2016, 22:29 PM IST
RB to enter into new product segments through existing brands
FMCG major RB India (erstwhile Reckitt Benckiser) is planning a foray into multiple segments including deodorants by expanding portfolio of its existing brands such as Harpic, Dettol and Dermicool.
Mar 25, 2015, 16:15 PM IST
RB to spend Rs 100 cr on sanitation, ropes in Amitabh Bachchan
FMCG major RB would spend Rs 100 crore in next five years in creating awareness about the importance of hygiene and sanitation and has roped in Bollywood mega star Amitabh Bachchan as a face of the campaign.
Sep 30, 2014, 16:41 PM IST
FIPB clears 19 FDI proposals entailing Rs 2,327 cr investment
FIPB has cleared 19 FDI proposals including that of Walt Disney Company and Reckitt Benckiser (India) entailing total investments of Rs 2,326.72 crore.
Jul 24, 2014, 18:24 PM IST
