1. Breaking News: Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

    Business Insider BoardNews
    Breaking News: Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

    Chipotle announced on Wednesday morning that its chief executive officer and founder plans to step down as it begins its hunt for a new CEO.

    Steve Ells, the fast-casual burrito chain's chairman, founder and CEO will step down from his position "following the completion of a search to identify a new CEO" the company said in a statement. Ells will remain involved as executive chairman...

    Read Full Article

    Login to comment.

    Related Articles

  1. Search:

  2. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Partner Publications, Question of The Week, Sponsored Content

  3. Quotes

    1. I am incredibly proud of Chipotle and our people – and grateful to our loyal customers – and while we are continuing to make progress, it is clear that we need to move faster to make improvements.

  4. Topics Mentioned

  5. Authors