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CEO of Starbucks Brian R. Niccol is an American businessman and the chairman and chief executive officer of Starbucks , a role which he started on September 9, 2024, replacing Laxman Narasimhan . He previously was chairman and CEO of Chipotle until August 31, 2024.
Starbucks’ stock soared nearly 19% at the open, while Chipotle’s dipped 9%. Tuesday’s announcement wiped away Starbuck’s year-to-date losses and the stock is on track for the biggest one ...
Since Niccol became Chipotle's CEO in 2018, the burrito chain's revenue has doubled while profits have jumped almost 800%, Starbucks said. Chipotle's stock price has jumped 24% since January.
Niccol, who has been the CEO of Chipotle since 2018, will join Starbucks on Sept. 9. Current Starbucks CEO Laxman Narasimhan, who took the helm in late March 2023, will step down immediately.
Starbucks is replacing its CEO with the head of Chipotle to lead the coffeeshop chain, as it seeks to revive flagging sales and appease outside investors.. Starbucks announced Tuesday morning that ...
Chipotle CEO Brian Niccol is trading in his usual burrito bowl and quesadilla for cream-topped cold brew and pumpkin spice lattes, after Starbucks’ surprise announcement Tuesday naming Niccol ...
Niccol’s office arrangement with Starbucks is similar to what he secured at his last CEO gig with Chipotle: The fast-casual chain moved its headquarters from Denver, Colorado, to Newport Beach ...
Luring a CEO from another company to execute a turnaround is pretty expensive. Starbucks announced on Wednesday that it would offer new CEO Brian Niccol, 50, roughly $113 million in total ...