Mumbai: Sumi Ghosh has been named the new CEO of Tata Starbucks, replacing Avani Davda. 

Ghosh, who takes over January 1, most recently served as vice president of the US midwest region for Starbucks. He's been with the company for eight years. Davda has headed the India operation since its inception three years ago. 

"As Starbucks' fastest-growing new market, I could not be more optimistic about the significant opportunities ahead of us," Davda said in a letter to colleagues  on Thursday. "Nevertheless, I have been carefully considering my own career aspirations as we turn the corner on this next important stage of Tata-Starbucks growth." 

Read more on The Economic Times here