Food And Beverage Companies Play Musical Chairs With CEOs [Forbes]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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Source: Forbes
Brian Niccol, who previously led Yum! Brands’ Taco Bell division as CEO, has taken over as both CEO and chairman of Chipotle Mexican Grille, succeeding Steve Ells, who founded the company in 1993. It was just one of many major moves in the food and beverage industry over the past few years as new (although often familiar) faces take the helm. Facing challenges amid shifting tastes and trends, F&B companies are making big changes at the top. Some are recruiting from within, others tap industry talent, and some are reaching into other industries in what sometimes looks like a game of musical chairs. So what are the trends for changes at the top? The first thing to be aware of is that different qualities matter at different times. It’s all about the right person for the right moment – and the right culture as boards balance continuity and change. Many “new” CEOs have been with the company–or the industry—for decades. There’s often a global focus, reflected in CEOs who have lived and work
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News
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- A beloved Beverly Hills burger joint mysteriously closed 27 years ago. What happened? [Los Angeles Times (CA)]Los Angeles Times
- Chipotle (CMG) Rose Due to its Focus on Exceptional Food and Operational Excellence [Yahoo! Finance]Yahoo! Finance
- Billionaire Bill Ackman Has 37% of His Portfolio Invested in 2 Brilliant Stocks [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 2/6/24 - Beat
CMG
Sec Filings
- 3/22/24 - Form 4
- 3/20/24 - Form 144
- 3/20/24 - Form 8-K
- CMG's page on the SEC website