(CNBC) Starbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, sending its stock soaring 24.5%, its best day ever. Chipotle’s stock fell over 10% on the news that Niccol would leave after a successful tenure at the burrito chain.
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
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