Scott Boatwright, Chipotle’s (CMG) interim CEO, has been selected to permanently take over the chief role, The Wall Street Journal’s Heather Haddon reports. Boatwright’s appointment as CEO and a board member will take effect immediately, according to the report. Boatwright was previously COO and was named interim CEO in August, succeeding Brian Niccol, who left the company to lead Starbucks (SBUX).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CMG:
- SBUX CEO Stays Rooted in Seattle with a “Back to Starbucks” Plan
- Jack in the Box price target lowered to $69 from $73 at BofA
- Morning Movers: Caterpillar and Eli Lilly sink following quarterly reports
- Chipotle price target raised to $72 from $71 at Truist
- Chipotle price target raised to $56 from $55 at BMO Capital
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
