---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-236650"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T18:13:36.353191+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Starbucks appoints Laxman Narasimhan as next CEO; Schultz interim through April 2023

## Summary
- Narasimhan joins as CEO-elect Oct 1, 2022; becomes CEO and board member by April 1, 2023.
- Howard Schultz remains interim CEO until April 2023, then advisor through 2023, staying on board.
- Compensation: $1.3M base, 200% annual cash target, $13.6M equity target, $1.6M signing bonus, $9.25M replacement equity.
- Narasimhan previously CEO of Reckitt; prior roles at PepsiCo and McKinsey.

## SEC filing metadata
- accession: 0001193125-22-236650
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000119312522236650/0001193125-22-236650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000119312522236650/d322468d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-236650
- JSON: https://secwatch.observer/filing/0001193125-22-236650.json
- Plain text: https://secwatch.observer/filing/0001193125-22-236650.txt

## Key facts
- Executive change
  Laxman Narasimhan was appointed as chief executive officer-elect at STARBUCKS CORP.
  - Action: appointed
  - Role: chief executive officer-elect
  source text: On August 31, 2022, the Board of Directors (the “Board”) of Starbucks Corporation (the “Company” or “Starbucks”) approved the appointment of Laxman Narasimhan as chief executive officer-elect of the Company, reporting to our interim chief executive officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000119312522236650/0001193125-22-236650-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.