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.
The 55-year-old previously was the CEO of UK-based Reckitt Benckiser, a company that also manufactures Durex condoms among other health, hygiene and nutrition products.
The severe shortage of baby formula in the United States could provide an opportunity for New Zealand exporters to test the waters there, but the window of opportunity will likely be short-lived.