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In 2018, Niccol became the CEO of Chipotle Mexican Grill, replacing founder Steve Ells. [31] [32] Although Niccol had moved west to Newport Beach, California to join Taco Bell, he did not move back east to Denver when he joined Chipotle. Rather, under his leadership, Chipotle moved its headquarters from Denver to Newport Beach. [33]
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Chipotle, on the other hand, is almost entirely U.S.-focused, with 2023 revenue right around $10 billion. But Niccol has a strong track record as a fixer, and his brand-building Midas touch has ...
A big shake-up just hit Chipotle Mexican Grill (NYSE: CMG).Longtime chief executive officer (CEO) Brian Niccol just announced a surprising departure to Starbucks.Niccol has been instrumental in ...
Ells opened a Chipotle themed taco store in Denver, Colorado near the University of Denver campus using $85,000 borrowed from his family and friends. [1] [9] [10] Ells served as CEO of the chain from 1993 until 2009, when he split co-CEO duties with Monty Moran. [11] Ells returned as sole CEO on December 12, 2016, upon Moran's retirement. [11]
Starbucks CFO, Rachel Ruggeri, will serve as interim CEO until that time. Chipotle, the popular fast-casual restaurant chain, also announced on Tuesday that Niccol, CEO since 2018, will leave the ...
By the time Niccol transitioned to his role as Chipotle’s CEO in 2018, the fast-casual chain was beleaguered by the fallout from an E. coli outbreak that hospitalized 20 customers. As if the ...
Starbucks CEO Laxman Narasimhan is stepping down immediately after just a year in the role, the company announced Tuesday. Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over