Laxman Narasimhan Net Worth 2024: Explore the Wealth of a CEO of Reckitt

Business leader Laxman Narasimhan is the CEO of Reckitt, one of the top manufacturers of consumer goods in the world.

We shall look at his early life, schooling, work, personal life, and accomplishments in this article.

What Is the Net Worth of Laxman Narasimhan?

According to CAKnowledge, the estimated net worth of Laxman Narasimhan is $30 million as of 2024.

Laxman Narasimhan, PepsiCo Inc’s CEO for Latin America and ESSA, holds approximately 130,135 shares of PepsiCo Inc (PEP) stock worth more than $22 million.

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Laxman Narasimhanโ€™s Early Life

Born on May 15, 1967, Laxman Narasimhan spent his early years in Pune, India. His love in science and engineering inspired him to seek a degree in Mechanical Engineering at the College of Engineering, Pune.

However, his academic career did not finish there. He went on to get an MA in German and International Studies from The Lauder Institute at the University of Pennsylvania, as well as an MBA in Finance from the famed Wharton School at the same university.

Career Highlighted

Narasimhan is fluent in six languages. He is married with two children and lives in Greenwich, Connecticut, a community recognized for its tranquil suburban lifestyle.

laxman narasimhan net worth

Despite his hard work, Narasimhan lives a balanced existence focused on his family.

Laxman Narasimhanโ€™s Professional Life

Narasimhan’s career demonstrates his strong leadership skills and strategic vision. He worked with McKinsey for 19 years, rising through the ranks to become director and site manager of the firm’s New Delhi office. In 2012, he joined PepsiCo and was appointed Chief Commercial Officer.

Reckitt Benckiser appointed Narasimhan as CEO in September 2019, succeeding Rakesh Kapoor. He launched a turnaround strategy to resuscitate the corporation, which had previously suffered from a series of blunders and slow growth. However, in September 2022, he resigned for personal and family reasons.

Narasimhan’s trajectory led him to Starbucks in October 2022, where he started as interim CEO. In April 2023, he officially succeeded Howard Schultz as CEO, confirming his sustained commitment to corporate leadership.

Laxman Narasimhan’s Awards & Recognition

As of this writing, Narasimhan’s exact prizes and recognitions had not been disclosed. However, his successful leadership roles at major brands such as PepsiCo, Reckitt Benckiser, and now Starbucks demonstrate his professional prowess and ability to generate growth.

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