
On Tuesday, Starbucks announced that Brian Niccol, the current chief executive officer of Chipotle, has been appointed as the coffee giant’s new chairman and CEO. He will replace the current Starbucks CEO, Laxman Narasimhan, who has been with the company for just over a year.
“We are thrilled to welcome Brian to Starbucks,” Mellody Hobson, Starbucks board chair, said in a written statement. “His phenomenal career speaks for itself. Brian is a culture carrier who brings a wealth of experience and a proven track record of driving innovation and growth. Like all of us at Starbucks, he understands that a remarkable customer experience is rooted in an exceptional partner experience.”