Reported 2 months ago
Chipotle's stock fell more than 10% after CEO Brian Niccol announced his upcoming departure to lead Starbucks. Niccol, who joined Chipotle in 2018 and played a critical role in its recovery from past challenges, will be succeeded by COO Scott Boatwright as interim CEO. Despite the leadership change, analysts believe the company remains well-positioned for continued growth.
Source: YAHOO