Chipotle founder Steve Ells to be named sole CEO after co-CEO steps down
Chipotle Mexican Grill Inc. shares rose 1.7% in Monday premarket trading after the fast-casual chain announced that founder Steve Ells will be named sole chief executive. Co-CEO Monty Moran has stepped down from his role, effective immediately, and will retire from Chipotle in 2017. Ells will remain chairman of Chipotle's board. "Given the ongoing challenges facing the company, the board felt strongly that it was best for Steve to resume leadership of the company going forward," Neil Flanzraich... Читать дальше...