Ghosh has served as the Vice President of the US-Midwest for Starbucks. Davda has been heading the company’s India division 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."
Starbucks posted per-store sales that were more than two-and-a-half times higher than its largest rival during its second year of India operations.
Image credit: Indiatimes