A New CEO Is Exactly What Chipotle Needs
Steve Ells, the founder and CEO of fast-casual chain Chipotle (NYSE: CMG), plans to step down once the company completes its search for a new CEO. Ells will become executive chairman, leaving the task of engineering Chipotle's comeback to a new leader. The food safety crisis of 2015 still casts a shadow over the burrito chain, and missteps since then have derailed the company's progress in winning back the trust of its customers.
A new leader is exactly what Chipotle needs right now. There are two things that need to be done to fix the company.
Image source: Chipotle.https://www.chipotle.com/company
Source: Fool.com
Chipotle Mexican Grill Inc. Stock
€29.70
1.190%
The stock is an absolute favorite of our community with 62 Buy predictions and no Sell predictions.
With a target price of 39 € there is a positive potential of 31.31% for Chipotle Mexican Grill Inc. compared to the current price of 29.7 €.
