Starbucks Appoints Chipotle Head Brian Niccol as CEO

Starbucks said Tuesday (Aug. 13) that it has appointed Chipotle Chairman and CEO Brian Niccol as CEO, effective Sept. 9, succeeding Laxman Narasimhan, who stepped down as CEO and director Tuesday.Niccol will leave Chipotle effective Aug. 31, at which time Chipotle Chief Operating Officer Scott Boatwright will become the restaurant company’s interim CEO, according to a Tuesday press release from Chipotle.Starbucks Chief Financial Officer Rachel Ruggeri will serve as interim CEO, and its board chair, Mellody ...