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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.
Chipotle founder and former CEO Steve Ells attended the Culinary Institute of America in Hyde Park, N.Y., and then used a loan from his father to open the first Chipotle in Denver back in 1993.
From 2014 to 2018, Chipotle's revenue had a compound annual growth rate (CAGR) of only 4%. Its comparable-restaurant sales (comps) rose 16.8% in 2014, but that key metric nearly stayed flat in ...
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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]
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 ...
Chipotle debuted on the Fortune 500, at No. 464, in 2021, when most of the restaurant industry was in pandemic-era freefall. Today, it’s in spot 438. Today, it’s in spot 438. In 2023, Niccol ...
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