Press Releases

Following the global search for the new leader of Starbucks, Laxman Narasimhan joined the company as incoming ceo on October 1, 2022, bringing nearly 30 years of experience leading global consumer goods businesses and advising retail, grocery, restaurant and e-commerce companies.

Ahead of its 2023 Annual Meeting of Shareholders, Starbucks announced planned investments to advance its ambitious target to cut its water and waste footprints in half by 2030.

Starbucks unveils a transformational innovation in coffee, Oleato – a line of coffee beverages that brings together the unexpected – Starbucks arabica coffee deliciously infused with extra virgin olive oil.

Northern California, Texas, Georgia, Florida, and other select markets launch service today, with store coverage expected in all 50 states by March 2023.