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Breaking News: Starbucks named Brian Niccol, the chief executive of Chipotle, as its new CEO. The abrupt shift in management comes amid weak sales and investor unease at Starbucks.

Read more: https://nyti.ms/3yzFn8g

Starbucks Names Chipotle’s Brian Niccol as New C.E.O. - The New York Times

Starbucks Names Chipotle’s Brian Niccol as New C.E.O. - The New York Times

The coffee chain said that Chipotle’s Brian Niccol would replace Laxman Narasimhan, who is leaving the company after just over a year at the helm.

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