Big changes are coming to Chipotle Mexican Grill, Inc. in the C-suite, including the decision by its longtime chief financial officer to postpone his planned retirement.
The fast-casual restaurant chain announced on Tuesday that Brian Niccol, chair of the board and CEO, is leaving the company and heading to Starbucks, Inc. to take on the role of chief executive and chair, effective Aug. 31. Niccol has served as Chipotle's CEO since 2018 and as chair since 2020. Scott Boatwright, who joined Chipotle in 2017, and currently serves as chief operating officer, was appointed interim CEO.
