'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 -BoardProspects

'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 Jan 24 2018 BoardNews
- 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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Quotes
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.
Topics Mentioned
- Wall Street
- Bill Ackman
- Square
- Chipotle
- Panera
- Chairman
- Steve Ells
- CEO
- stake
Authors
- Kate Taylor (Ktaylor@Businessinsider.Com)
- Kate_H_Taylor