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Chipotle's CEO Brian Niccol is leaving to lead Starbucks. Niccol stabilized and expanded Chipotle's business over the past six years.
Chipotle Mexican Grill (CMG) shares will likely remain on investors' radar screens Monday after a week of volatile trading following the announcement last Tuesday that CEO Brian Niccol was leaving the company to assume the top role at Starbucks (SBUX).
Chipotle Rewards members in the U.S. and Canada can play daily from Tuesday, August 20 through Thursday, August 22 for the opportunity to win a BUY-ONE-GET-ONE free entrée code* Superfans can also unlock an extra credit question for a chance to score free burritos for a year** NEWPORT BEACH, Calif. , Aug. 19, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it is bringing back Chipotle IQ, a trivia game that tests fans' knowledge of Chipotle's real ingredients, leading food standards, culinary techniques, sustainability efforts, brand history, and community engagement.
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Chipotle Mexican Grill's CEO just quit to join Starbucks. Investors were not pleased with the surprise departure of the CEO and sold Chipotle stock.
Chipotle's current CEO is leaving the company to lead Starbucks. Chipotle's revenue has more than doubled during the past five years.
In a surprise move, Chipotle lost its CEO to Starbucks. However, the company has a tried-and-true recipe for success firmly in place.
In a turn of events this week, Chipotle Mexican Grill's (CMG) CEO Brian Niccol announced he will be departing to take over the helms of Starbucks (SBUX).
Chipotle (CMG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
"Brian has built an extraordinary team at Chipotle that we expect will not lose a step in his departure," Ackman wrote to shareholders.