Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
RedditStarbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol. Shares of Starbucks rose 10% in premarket trading on the news, while Chipotle’s stock fell 10%. Narasimhan took over as chief executive in March 2023. The …