Prediction: The New Starbucks CEO Will Eventually Make This Big Move
Starbucks(SBUX) The Motley Fool·2024-08-26 07:00
He can take his experience from running other multinational restaurant chains to create value for Starbucks shareholders.Huge news hit the restaurant space this month. Brian Niccol, the CEO who righted the ship at Chipotle, announced a surprising job switch to become the CEO of Starbucks (SBUX 1.72%). Starbucks made this move quickly with the help of its board of directors and ex-CEO Howard Schultz due to deteriorating financial performance at Starbucks locations around the globe.Investors applauded the mov ...