Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
SBUXStarbucks(SBUX) CNBC·2024-08-14 00:31

In this articleSBUXBrian Niccol, CEO of ChipotleAnjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decades-long Howard Schultz era.Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by the former CEO Schultz. In its last two quarters, Starbucks reported same-store sales declines as its U.S. business flounder ...