Chipotle CEO Brian Niccol Steps Down, Starbucks Gains New Leader

Niccol's Net Worth, Salary, and Succession

Brian Niccol, the highly respected CEO of Chipotle Mexican Grill (CMG), has announced his resignation. His departure marks the end of a successful tenure that saw Chipotle's share price soar by an impressive 200% since March 2018, when he took the helm. Niccol's net worth is estimated to be around $300 million, and his annual salary was reportedly in the region of $30 million.

Starbucks Welcomes Niccol as Chairman and CEO

In a surprising turn of events, Starbucks Corporation (SBUX) has appointed Niccol as its new Chairman and CEO, effective immediately. The struggling coffee giant is hoping that Niccol's proven leadership skills and track record of success will help revitalize the brand and drive growth.