Starbucks Names Brian Niccol as Chairman and Chief Executive Officer

August 14, 2024 Starbucks Coffee Company

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 Announces CEO Departure

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.

Bolthouse Farms Acquires Evolution Fresh From Starbucks

June 1, 2022 Starbucks

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.

America’s Biggest Coffee Chain Is Closing These Bakery Locations for Good

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.

Starbucks is Launching Oat and Almond Milk Non-Dairy Coffee Creamers

It’s always music to our ears when a major company unveils a new vegan release. Today, that sing-song buzz comes courtesy of Starbucks and Nestlé. Earlier this week, the companies announced that two new Non-Dairy Creamers are launching nationwide.