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Starbucks CEO Laxman Narasimhan To Get Rs 140 Crore Annual Salary: Report

NDTV Profit
Laxman Narasimhan's main challenge would be to resolve Starbucks' escalating labour issues.
Starbucks, the world's biggest coffee chain, recently named Laxman Narasimhan as its next Chief Executive Officer (CEO). Now, The Guardian has said in a report that the company will pay him a sizable salary. If he reaches his targets, Mr Narasimhan, who left his position at Reckitt Benckiser to become CEO of Starbucks, will receive an annual salary of approximately $17.5 million (Rs 140 crore), the outlet said. Mr Narasimhan's yearly...
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