business

Chipotle pops following nabbing Taco Bell CEO

Chipotle (NYSE:CMG) officially announces that Brian Niccol has been employed as main govt officer and will be added to the business&#8217s board.
The appointments turn into efficient on March 5.
&#8220I will also emphasis on dialing up Chipotle&#8217s cultural relevance by way of innovation in menu and electronic communications. This will entice buyers, return the brand name to growth, deliver price for shareholders and produce options for employees,&#8221 claims Niccol.
Shares of Chipotle have jetted up 11.eighty one% in AH buying and selling to $ 281.01.
Formerly: Taco Bell CEO heads to Chipotle (Feb. thirteen) Resource: Press Launch