Starbucks Appoints New CEO Brian Niccol Amidst Major Executive Shake-Up
In a bold move signaling a new direction for the coffee giant, Starbucks has announced the appointment of Brian Niccol as its new CEO, effective September 9. This significant leadership change comes at a critical time for Starbucks, as it faces pressure from activist investors and struggles with a declining stock price. Niccol, who previously led Chipotle as CEO, is credited with transforming the burrito chain’s fortunes, achieving a remarkable 760% increase in stock value during his tenur...