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Food and Drink

Chipotle's New CEO Is Taco Bell's Old CEO

Jason Clampet photo
Jason Clampet

Skift Take

If anyone can right Chipotle, it's the executive who helped make Taco Bell cool again.

Chipotle Mexican Grill ended its three-month period of executive limbo by naming Taco Bell CEO Brian Niccol as its new chief executive. The brand had been searching for a CEO since co-founder Steve Ells announced his impending departure in November 2017. Ells will become executive chairman. Chipotle's stock surged immediately following the announcement, a marked turnaround from its recent performance. In a statement, Niccol said, "I am very excited to be joining Chipotle at this pivotal time in its history. I have tremendous respect for the C

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