Brian Niccol, who has served as Chipotle's CEO since 2018 and Chairman since 2020, has been named Starbucks' new CEO effective August 2024. Niccol previously led Taco Bell and held various roles at Pizza Hut and Procter & Gamble. He succeeds Laxman Narasimhan, under whose tenure Starbucks experienced a sales decline.
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