Chipotle CEO Brian Niccol to Head Starbucks
Shake-up in the Fast Food Industry
Niccol leaves Chipotle for Starbucks
In a surprising move, Chipotle Mexican Grill CEO Brian Niccol is stepping down to take over as the chief executive of Starbucks. The struggling coffee chain announced the news on Tuesday.
Niccol, who has held the top position at Chipotle since 2018, is credited with turning around the company's fortunes after a series of food safety scandals. Under his leadership, Chipotle's sales and profits have rebounded, and the company has expanded its menu and remodeled its restaurants.
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