​Chipotle Shares Tank After Starbucks Steals Their CEO Amid Activist Pressure – Tyler Durden

Chipotle Shares Tank After Starbucks Steals Their CEO Amid Activist Pressure Amid increasing tales of a consumer who is quickly pulling back from spending on anything discretionary (like iced, nonfat, six-ump vanilla lattes, with soy milk ,and honey), Starbucks has unceremoniously dumped its CEO this morning, and snagged a very prominent CEO from another chain. Starbucks has named Chipotle Chief Executive Brian Niccol as the coffee chain’s new CEO and chairman, replacing Laxman Narasimhan after just over a year in the role. “I am excited to join Starbucks and grateful for the opportunity to help steward this incredible company, alongside hundreds of thousands of devoted partners,”…  — Continue at ZeroHedge News : Read More