1. 'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)

    Business Insider BoardNews
    'Why would I ever go to work for Bill Ackman?': Panera's ex-CEO shuts down rumors that he's taking over Chipotle as the struggling burrito chain searches for a savior (CMG)
    • Rumors have been flying about Panera's former CEO Ron Shaich as Chipotle searches for a new top executive.
    • But Shaich tells Business Insider he has no interest in the gig, which would force him to step away from his role as Panera's chairman to lead a struggling public company.
    • Shaich is a vocal critic of what he sees as Wall Street's obsession with short-term growth, which he says contributed to the decision to take Panera private in 2017...
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    1. I was running the most successful restaurant company of the last 20 years.
    2. I've had something that's phenomenal. After running a public company for 26 years ... why would I ever go to work for Bill Ackman?
    3. The challenge of Chipotle is that it was over-priced.

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