Ousted Starbucks CEO will get millions on the way out The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit. Fortune · Aug 14, 2024
How the Starbucks board can set its new CEO up for success Howard Schultz has been a major part of the company for years, whether the board likes it or not. Fortune · Aug 14, 2024
Brian Niccol may well be the messiah Starbucks—and Howard Schultz—have been looking for Schultz remains the largest shareholder—and he just helped drive out his fourth attempted successor, Laxman Narasimhan. Fortune · Aug 14, 2024
Chipotle's CEO just bolted—but the company is in good hands, say analysts CFO Jack Hartung has postponed his retirement and is taking on a newly created position. Fortune · Aug 14, 2024
Can Brian Niccol turn Starbucks around Brian Niccol faces falling sales, changing consumer habits, and an acrimonious unionization effort. Fortune · Aug 14, 2024
Stock Index Futures Tread Water as Key U.S. Inflation Data Looms September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.09% this morning as market participants held back from making any big bets ahead of the release of the U.S. consumer inflation report. Barchart · Aug 14, 2024
Asian shares mixed as jitters calm over global markets while uncertainty lingers Asian shares traded mixed Wednesday, as Japan’s benchmark perked but quickly ran out of steam from news the prime minister won’t seek re-election as head of the ruling party The Independent UK · Aug 14, 2024
Starbucks shares jump 24% after coffee giant replaces CEO with Chipotle boss Chipotle sales skyrocketed after Brian Niccol started at the company in 2018 The Independent UK · Aug 13, 2024
Stock Market Today: Markets Power Higher on Cooler Inflation Data A promising reading on wholesale inflation and the upcoming consumer price report have investors anticipating a rate cut in September. Kiplinger · Aug 13, 2024
Starbucks shares jump 20% after company poaches Chipotle CEO Niccol led a major turnaround at Chipotle after taking the reins in March 2018, overseeing a 770% increase in the company’s stock price. Fortune · Aug 13, 2024
Starbucks just hired Chipotle's savior as their new CEO—will he be able to rescue a company in crisis? The architect of Chipotle's turnaround is taking on America's most famous coffee company. Fortune · Aug 13, 2024
Inside the new Starbucks CEO’s daily routine while he was running Fortune 500 giant Chipotle Before Brian Niccol was tapped to lead Starbucks, he revealed his go-to Chipotle order to Fortune. Fortune · Aug 13, 2024
How Starbucks’ new CEO Brian Niccol went from fast-food Frankenstein to Chipotle’s redeemer Niccol helped create Taco Bell’s mega-viral Doritos Locos Taco before leading Chipotle’s food safety crisis turnaround. Fortune · Aug 13, 2024
Chipotle Stock Sinks As CEO Heads to Starbucks Chipotle stock is plunging Tuesday after the burrito chain said its CEO Brian Niccol is leaving to take the top spot at Starbucks. Here's what you need to know. Kiplinger · Aug 13, 2024
Kiplinger · Aug 13, 2024 Starbucks Stock Soars After Tapping Brian Niccol as Its New CEO Starbucks stock is surging Tuesday after the coffee chain named current head of Chipotle, Brian Niccol, as its next CEO. Here's what you need to know.
Fortune · Aug 13, 2024 Chipotle CFO Jack Hartung pivots from retirement and takes on a new role Hartung has agreed to remain with the company indefinitely.
International Business Times · Aug 13, 2024 Starbucks Names Chipotle Boss Brian Niccol As New CEO Starbucks said Tuesday that Brian Niccol, chief executive at Chipotle, would be the coffee chain's new CEO -- just over a year after current boss Laxman Narasimhan took over the role.
Salon · Jul 26, 2024 Chipotle is looking to fix portion sizes Brian Niccol said only “about 10% or more” of the chain’s restaurants require retraining to Chipotle's standards
Fortune · Jul 25, 2024 Chipotle CEO says 'generous portions' will become standard after people blasted its skimpy serving sizes on social media Brian Niccol said roughly 10% of Chipotle’s restaurants are outliers in terms of portion sizes.
Salon · Jul 7, 2024 Arizona Iced Tea's 99-cent promise Three things are certain in life: Death, taxes and, if Don Vultaggio has his way, the price of Arizona Iced Tea
Fortune · Jun 20, 2024 What top CEOs are saying about emerging tech like AI—and why it matters to CFOs During a Yale CEO Summit, Fortune 500 chief executives discussed reinventing businesses around artificial intelligence.
Fortune · Jun 17, 2024 200 top CEOs reveal how AI is already transforming their sectors at Yale summit The AI-fueled transformation is happening in plain sight, the world's top CEOs reveal at Yale summit.
The Guardian - US · Jun 13, 2024 ‘Stop shoving phones in our face’: Chipotle staff are sick of TikTokers trying to catch them ‘skimping’ Customers keep filming employees behind the counter, in a bid to ensure their burritos are big enough
The Independent UK · Jun 12, 2024 Chipotle CEO widely mocked for response to restaurant’s portion sizes ‘First, I can tell you the portions have not gotten smaller,’ Chipotle CEO says
Fortune · Jun 3, 2024 Chipotle CEO reveals his go-to order and biggest challenge of working behind the counter Brian Niccol developed a newfound appreciation for the fast-casual chain’s ingredients and preparation after completing behind-the-counter training when he became CEO in 2018.