Report
R.J. Hottovy
EUR 101.80 For Business Accounts Only

New Chipotle CEO Brian Niccol Well-Suited to Drive Menu, Marketing, and Customer Experience Changes

We're hard-pressed to find a better fit for Chipotle's CEO position than Brian Niccol, the former CEO of Yum Brands' Taco Bell division who will join the company on March 5. Under Niccol's leadership, Taco Bell has been one of the bright spots in U.S. quick-service restaurants, posting 4% average comps and 5% unit growth the past three years with steady restaurant-level margin improvement (including 22.4% in 2017). We believe his appointment confirms our thoughts about Chipotle being open to mor...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

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R.J. Hottovy

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