Coverage dated August 12, 2024 to August 13, 2024

China Competition Is Just One Challenge Brian Niccol Will Face as Starbucks CEO

Headline from Investopedia

Starbucks tapped Chipotle CEO Brian Niccol to lead the company as the world's largest coffeehouse chain seeks to regain its footing amid slumping global sales and fend off attacks from disgruntled investors.

Investopedia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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60 articles, oldest first.

KYMA Yuma
Starbucks replaces CEO with the head of Chipotle (opens KYMA Yuma)
Published Aug 12, 2024
KYMA Yuma's feed description
The coffee chain said Brian Niccol, who has led burrito chain Chipotle, will take over as CEO starting in September. Current CEO Laxman Narasimhan, who has led the company since March of last year, will leave.
Kiplinger
Starbucks Stock Soars After Tapping Brian Niccol as Its New CEO (opens Kiplinger)
Published Aug 12, 2024
Kiplinger's feed description
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.
ABC 7 Los Angeles
Starbucks replaces its CEO, names Chipotle chief to head the company (opens ABC 7 Los Angeles)
Published Aug 12, 2024
ABC 7 Los Angeles's feed description
Starbucks, struggling with weak demand and disgruntled investors, said that CEO Laxman Narasimhan is stepping down.
Breitbart News
Starbucks Shakes It Up: Coffee Chain Ousts CEO, Poaches Chipotle Boss as New Chief (opens Breitbart News)
Published Aug 12, 2024
Breitbart News's feed description
Conservatives and activist investors have been pushing for changes at the coffee chain. | Economy
Kiplinger
Chipotle Stock Sinks As CEO Heads to Starbucks (opens Kiplinger)
Published Aug 12, 2024
Kiplinger's feed description
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.
Insider
Starbucks is replacing its CEO with the boss of Chipotle in an abrupt management shake-up (opens Insider)
Published Aug 12, 2024
Insider's feed description
Starbucks announced Tuesday that its CEO Laxman Narasimhan will step down effective immediately.
ABC 12 Flint
Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over (opens ABC 12 Flint)
Published Aug 12, 2024
ABC 12 Flint's feed description
Starbucks CEO Laxman Narasimhan is stepping down immediately after just a year in the role, the company announced Tuesday.
Fortune
Inside the new Starbucks CEO’s daily routine while he was running Fortune 500 giant Chipotle (opens Fortune)
Published Aug 12, 2024
Fortune's feed description
Before Brian Niccol was tapped to lead Starbucks, he revealed his go-to Chipotle order to Fortune.
NBC 5 Dallas-Fort Worth
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol (opens NBC 5 Dallas-Fort Worth)
Published Aug 12, 2024
NBC 5 Dallas-Fort Worth's feed description
After several quarters of weak sales, Starbucks has tapped Chipotle CEO Brian Niccol as Laxman Narasimhan’s replacement.
Quartz
Starbucks' CEO is out. Chipotle's CEO is in. Here's what Wall Street is saying (opens Quartz)
Published Aug 12, 2024
Quartz's feed description
Brian Niccol is coming on board at a critical time for Starbucks
Valdosta Daily Times
Struggling Starbucks replaces its top executive, names Chipotle CEO Brian Niccol as next leader (opens Valdosta Daily Times)
Published Aug 12, 2024
Valdosta Daily Times's feed description
Struggling Starbucks replaces its top executive, names Chipotle CEO Brian Niccol as next leader.
Fortune
How Starbucks’ new CEO Brian Niccol went from fast-food Frankenstein to Chipotle’s redeemer (opens Fortune)
Published Aug 12, 2024
Fortune's feed description
Niccol helped create Taco Bell’s mega-viral Doritos Locos Taco before leading Chipotle’s food safety crisis turnaround.
Quartz
Starbucks just ousted its CEO amid pressure from an activist investor (opens Quartz)
Published Aug 12, 2024
Quartz's feed description
Chipotle CEO Brian Niccol will step into the role effective immediately
NBC New York
Chipotle stock falls as CEO Brian Niccol leaves for Starbucks (opens NBC New York)
Published Aug 12, 2024
NBC New York's feed description
Chipotle stock fell 10% in premarket trading Tuesday as the company announced CEO Brian Niccol would be leaving his role on Aug. 31 to become CEO of Starbucks.
Insider
Starbucks is betting big that Chipotle's CEO can make it special again. He'll have his work cut out for him (opens Insider)
Published Aug 12, 2024
Insider's feed description
Chipotle CEO Brian Niccol is set to become Starbucks' CEO. He's led a turnaround effort before, which could be good news for the coffee chain.
Fortune
Starbucks just hired Chipotle's savior as their new CEO—will he be able to rescue a company in crisis? (opens Fortune)
Published Aug 12, 2024
Fortune's feed description
Niccol made a series of key changes at Chipotle that improved sales, growth and profit.
The Guardian
Starbucks names Chipotle chief Brian Niccol as new CEO in surprise shakeup (opens The Guardian)
Published Aug 12, 2024
The Guardian's feed description
Niccol replaces Laxman Narasimhan as company tries to fend off pressures from activist investor
Observer
Chipotle’s Turnaround CEO Brian Niccol Joins Starbucks as the Coffee Chain Faces Rising Activist Pressure (opens Observer)
Published Aug 12, 2024
Observer's feed description
Starbucks is ousting its CEO Laxman Narasimhan and replacing him with Brian Niccol, the current head of Chipotle.
CBS News
Starbucks taps Chipotle CEO Brian Niccol as its new chief executive (opens CBS News)
Published Aug 12, 2024
CBS News's feed description
Starbucks is tapping Chipotle CEO Brian Niccol to lead the company as it contends with activist investors and a sinking stock price.
Investopedia
Chipotle Stock Is Slipping on News That Its CEO Is Heading To Starbucks (opens Investopedia)
Published Aug 12, 2024
Investopedia's feed description
Shares of Chipotle Mexican Grill fell Tuesday on the news that the burrito giant would be replacing a heaping helping of the leadership that has helped its stock to guac-defying levels.
Quartz
Starbucks stock soars and Chipotle sinks amid CEO poaching (opens Quartz)
Published Aug 12, 2024
Quartz's feed description
Brian Niccol will step in as Starbucks' new CEO on Sept. 9
Time
Starbucks Replaces its CEO With Chipotle Chief (opens Time)
Published Aug 12, 2024
Time's feed description
The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chipotle, will become Starbucks' chairman and CEO on Sept. 9.
Quartz
Starbucks is hiring Chipotle's CEO. Here's what we know about the new boss (opens Quartz)
Published Aug 12, 2024
Quartz's feed description
Brian Niccol's knack for culture, innovation, and digital technology could help the coffee giant
New York Post
Starbucks hires Chipotle boss Brian Niccol as next CEO as pressure from activist investors grows (opens New York Post)
Published Aug 12, 2024
New York Post's feed description
Starbucks announced Tuesday it will be replacing current CEO Laxman Narasimhan with Chipotle leader Brian Niccol after months of slowing sales, according to a report.
NBC News
Starbucks CEO out after just over a year amid sales struggles (opens NBC News)
Published Aug 12, 2024
NBC News's feed description
Starbucks is replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, who oversaw a surge at the fast-casual food chain.

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