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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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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]
When Brian Niccol became chief executive of Chipotle Mexican Grill in early 2018, he took the reins of a burrito chain struggling to win back customers after a string of poorly handled food safety ...
CMG Revenue (TTM) data by YCharts Chipotle is now a major player in fast food and the envy of many other companies in the industry. As McDonald's struggles, posting a year-over-year drop in ...
Starbucks' same-store sales — or sales at stores open at least a year — fell 2% between April and June. During the same period, same-store sales at Chipotle jumped 11%. Chipotle bucked the slowdown in consumer spending by offering popular limited-time items like Chicken al Pastor. The company also emphasized value.
Chipotle's chief marketing officer, Mark Crumpacker, resigned from his position on Tuesday, the company said in a regulatory filing.
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