NYSE:CMGHospitality
Chipotle Mexican Grill (NYSE:CMG) Appoints New COO Amid Executive Team Transition
Chipotle Mexican Grill (NYSE:CMG) has announced a significant executive reshuffling with Jason Kidd set to become COO, aiming to optimize operations across nearly 3,800 restaurants. This leadership change, along with the planned transitions of high-ranking officials like Jack Hartung, indicates strategic succession planning within the company. Despite these internal adjustments, the 6% price increase in Chipotle's stock over the past month aligns closely with the broader market, which has...