Elliott offers Starbucks settlement to allow CEO to keep his post, CNBC reports-February 2024-www.financetom.com

Elliott offers Starbucks settlement to allow CEO to keep his post, CNBC reports

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Elliott offers Starbucks settlement to allow CEO to keep his post, CNBC reports

Aug 1, 2024 6:07 AM

Aug 1 (Reuters) - Activist investor Elliott Management

offered a settlement with coffee chain Starbucks ( SBUX ) that

would allow CEO Laxman Narasimhan to keep his post, CNBC

reported on Thursday, citing people familiar with the matter.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Arun

Koyyur)

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