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News • 28 days ago

Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over

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Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over

@[email protected] to

News • 28 days ago

The struggling coffee chain has tapped Chipotle CEO Brian Niccol to be its new chairman and CEO, effective September 9. Starbucks’ stock soared more than 13% in premarket trading, while Chipotle’s dipped 8%.

Niccol has been leading the Mexican-inspired food chain since 2018, with Starbucks saying he has set “new standards in the industry and driven significant growth and value creation,” pointing to its revenue growing nearly 800% during his tenure.

Chat

@braindefragger
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28 days ago
deleted by creator
- @SpaceNoodle
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  1•28 days ago
  I guess you’ve never been to the Midwest.
  
  I dated a woman who referred to Taco Bell and Fazoli’s as Mexican and Italian, respectively.
  - @braindefragger
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    28 days ago
    deleted by creator
    - @SpaceNoodle
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      28 days ago
      Well, congratulations on your superior intellect and worldliness, I guess.
      
      Edit: LOL, they just can’t bear being disagreed with.

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