Chipotle stock falls as CEO Brian Niccol leaves for Starbucks
Publishing timestamp: 2024-08-13 12:31:00
Summary
Chipotle CEO Brian Niccol is leaving to become CEO of Starbucks. Chipotle stock fell as much as 10% on the news. Niccol led Chipotle through challenges and saw strong sales growth. Analysts have mixed views on the CEO change.
Sentiment: MIXED
Keywords: retail industry, earnings, starbucks corp, business news, restaurants, chipotle mexican grill inc, breaking news: business, brian niccol,
Source: https://www.cnbc.com/2024/08/13/chipotle-stock-falls-as-ceo-brian-niccol-leaves-for-starbucks.html