Bill Ackman, investors still back Chipotle after CEO Brian Niccol leaves
Chipotle Mexican Grill Inc.’s future may not be as shaky as some shareholders fear following the departure of Chief Executive Officer Brian Niccol, investors said. The burrito chain’s shares fell nearly $6 billion on Tuesday after the company announced that Mr. Nicol would leave the company at the end of the month to become CEO […]
Starbucks CEO Brian Niccol may make $113M working remotely in posh California town
Brian Niccol could make at least $113 million as the new CEO of Starbucks, even if he works remotely from a Southern California office 1,000 miles away from the coffee giant’s Seattle headquarters. Nicol, who was poached this week from his position as chief executive officer at Chipotle Mexican Grill Inc., will be allowed to […]
Starbucks hires Chipotle boss Brian Niccol as next CEO
Starbucks reportedly announced on Tuesday that it was replacing current CEO Lakshman Narasimhan with Chipotle leader Brian Niccol after months of sluggish sales. Niccol has been widely praised for turning around Chipotle’s business, helping to drive up the company’s stock price by more than 50 percent over the past year, the company said. Niccol will […]