Starbucks Appoints Brian Niccol as New CEO

Starbucks, the iconic global coffee chain, has announced a major leadership change as Brian Niccol

The current CEO of Chipotle, will take over as the new Chairman and CEO, effective September 9

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During his tenure, Chipotle's revenue grew by nearly 800%, a testament to Niccol's strategic vision and leadership abilities.

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Laxman Narasimhan, who took over as Starbucks CEO in March 2023, faced a declining year in global sales.

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[{"selector":"#anim-c4892b66-e268-44ce-b2a5-c8bf8bd2662e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-61.37084977891665%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-e9ed4664-9e08-475a-b632-2809ba7b4a19","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] The decision to bring in Brian Niccol as the new CEO marks a pivotal moment for Starbucks. Learn more