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Executive Pay
UK boards and investors push for higher CEO pay to bridge gap with US
...When Laxman Narasimhan gave up his $7.5mn role as head of UK-listed household products group Reckitt Benckiser, he went on to run US coffee chain Starbucks for up to $28mn a year....
March 2, 2024
Executive Pay
Does it pay for British executives to move to the US?
...Laxman Narasimhan is among the recent examples of executives transforming their wealth by moving from the UK to the US....
May 10, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Slaughter & May
Law firm’s new work-life balance: turn off your camera for night-time calls
...[clients know] that if you call room service at 2am for a sundae, you’ll get one.”...
October 28, 2022
Starbucks Corp
Schultz vows Starbucks rebound after coffee chain ‘lost its way’
...The “reinvention” plan will include $450mn of new investment in its North American stores next year, on top of 2022’s $1bn investment programme....
September 13, 2022
Inside BusinessAnjli Raval
The age of uncertainty for CEOs
...Elsewhere consumer goods company Reckitt Benckiser said recently Laxman Narasimhan is leaving, only to take up the top job at coffee giant Starbucks....
September 19, 2022
LexElaine Moore
The Lex Newsletter: EV-erything everywhere Premium content
...Reckitt Benckiser boss Laxman Narasimhan is off after three years in the job. Selling disinfectant was good business when we were all wiping down our supermarket tomatoes....
September 2, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
FirstFT
FirstFT: Markets struggle to interpret Powell’s message
...The day ahead Earnings Starbucks’s third-quarter results will be the first to involve “incoming” chief executive Laxman Narasimhan....
November 3, 2022
The Big Read
US trade unions: Inside the revival brewing at Starbucks
...The company has also hired a new chief executive, Laxman Narasimhan, from UK-based health product maker Reckitt Benckiser....
September 4, 2022
Coronavirus: Delta variant now represents 20% of new US cases, Fauci says - as it happened
News you might have missed …
...Laxman Narasimhan is seeking to build on a pandemic surge in demand for Reckitt Benckiser ’s hygiene products to reinvigorate a company that some investors and analysts say has been harmed by the focus on...
June 21, 2021
HTSI
Mochi coup – how a Japanese ultra-snack went global
...Cookies and cream, double chocolate, s’mores, strawberry and mango are among his clientele’s favourites. My/Mochi’s factory produces around 550 mochi ice-cream balls a minute, gauges Barnett....
June 27, 2021
News in-depthAdvertising
Call of the great outdoors fades for advertisers during muted commuting
...The company carried net debt of about $6.2bn as of the end of June, according to S&P Capital IQ, compared with a market capitalisation this week of $1.2bn....
September 15, 2021
Disrupted Times
Businesses suffer labour pains as economies reopen
...Last week was the worst for S&P 500 stocks in almost four months. “Wall Street loves to climb the wall of worry,” said one investment officer. “The facts are that the Fed hasn’t done anything yet.”...
June 21, 2021
Reckitt Benckiser Group PLC
Reckitt Benckiser takes £5bn writedown on Mead Johnson purchase
...Chief executive Laxman Narasimhan said he would spend £2bn to boost growth across Reckitt Benckiser as he seeks to revive its fortunes....
February 27, 2020
Chinese business & finance
China’s new normal may be major export after pandemic
...Companies on the benchmark S&P 500 generate about 6 per cent of revenues in China, according to FactSet, second only to the US....
May 4, 2020
The Week Ahead
Trump visits India, Assange extradition, South Africa budget
...Earnings season in the US is beginning to wind down with just 44 companies in the S&P 500 scheduled to report results....
February 23, 2020
FT Live
FTWeekend Festival
Where the FT Weekend paper comes to life
Saturday, 7 September London, UK
Reckitt Benckiser Group PLC
Reckitt Benckiser cuts full-year revenue growth target
...Mr Kapoor will hand over to Laxman Narasimhan, a PepsiCo executive and former director at McKinsey, in September....
July 30, 2019
The Short ViewNicole Bullock
Prospects for tax reform boost US equity bulls
...As Nicholas Colas of DataTrek puts it, tax reform is “the sprinkles on the sundae”. There is concrete evidence, too....
October 18, 2017
The Aesthete
Frieze director Victoria Siddall on Michelle Obama, Edgar Degas and the best shopping in Shoreditch
...And you can create your own ice-cream sundae from a menu of different flavours, sauces and toppings....
September 26, 2016
World
White House Countdown – Big Apple Blues
...On Monday, Clinton flitted between eight different campaign events, stopping at a hospital and a car wash; sampling bubble tea in Queens; and tasting a Manhattan “Victory” ice cream sundae named in her honour...
April 19, 2016
Life & Arts
Rhythm and booze: the battle to recruit young drinkers
...The song features Beyoncé, who hit the bottle on 2013’s “Drunk in Love”: “I’ve been drinking, I’ve been drinking/ I get filthy when that liquor get into me.”...
February 12, 2016
LexUS downturn
PIK-Toggle/Dividends – rich pickings
...Why bother with a single scoop when you can have a hot fudge sundae?...
October 10, 2012
Life & Arts
England’s enforcers see off India
...But VVS Laxman, the most comfortable-looking of them, played an absurd shot against James Anderson to be caught for 56, and when the patient Gautam Gambhir was lbw next over, England seemed well on top....
July 25, 2011
World
Past offers teaching to converted
...Those with burdensome ones – such as the Indian batsman Vangipurappu Venkata Sai Laxman, known to one and all as VVS – will act to ensure such irksome difficulties do not hinder their careers....
November 18, 2005
Sport
England learn little from winning display
...In his next over he moved a ball away from Laxman just enough to find an edge that also fell to Jones. Wharf's final victim was Rahul Dravid, who mis-hooked a ball to fine leg....
September 2, 2004

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