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Denver-based fast-casual chain Chipotle Mexican Grill Inc. said Tuesday that Brian Niccol, chief executive of Taco Bell, will be its next CEO, replacing founder Steve Ells.
Niccol has headed Taco Bell — the Mexican-fast-food brand of Louisville, Kentucky-based Yum Brands Inc. (NYSE: YUM) — since 2015.
He will become just the second solo CEO at Chipotle (NYSE: CMG). Ells had a 25-year run in that position, either alone or as co-CEO.
Ells has come under criticism for failing to turn around…
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Chipotle names Taco Bell chief executive Brian Niccol as CEO