Published on 6 May 2024 on Benzinga
Former TD Ameritrade CEO, Joe Moglia, has criticized Starbucks Corporation SBUX CEO, Laxman Narasimhan, for his handling of the company’s falling stock performance.
What Happened: On Monday, Moglia expressed his views during “Last Call” by CNBC. He highlighted a recent CNBC interview featuring Narasimhan and “Mad Money” host Jim Cramer where the latter grilled the Starbucks CEO over the company’s declining stock performance. Moglia supported Cramer’s line of questioning and criticized Narasimhan’s responses.