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

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...