The vote was finalized just as union bargaining delegates are preparing to return to the table with Starbucks for the last scheduled foundational framework bargaining session of the year. …
Starbucks announced that Brian Niccol has been appointed chairman and chief executive officer. Niccol will start in his new role on September 9, 2024. Starbucks chief financial officer, Rachel Ruggeri, will serve as interim ceo until that time. Mellody Hobson, Starbucks board chair, will become lead independent director. …
Chipotle Mexican Grill, Inc. (NYSE: CMG) announced that Brian Niccol, Chairman and Chief Executive Officer, has accepted the role as Chairman and Chief Executive Officer of Starbucks and will be leaving the Company effective August 31, 2024. Niccol has served as Chipotle’s CEO since 2018 and as Chairman of the Board since 2020. …
Starbucks and Bolthouse Farms announced entry into a definitive agreement for Bolthouse Farms to acquire the brand and business of Evolution Fresh. The partners (employees) that support the business will also transition to Bolthouse Farms upon close of the transaction. …
If you’ve become a fan of the artisanal brioches, cinnamon rolls, and sourdough that Starbucks has introduced in recent years, the chain has disappointing news. After less than three years of operation, the world’s biggest coffee brand is suddenly about to shutter one of its boldest food ventures ever. …
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