A New CEO Is Exactly What Chipotle Needs
Steve Ells, the founder and CEO of fast-casual chain Chipotle (NYSE: CMG), plans to step down once the company completes its search for a new CEO. Ells will become executive chairman, leaving the task of engineering Chipotle's comeback to a new leader. The food safety crisis of 2015 still casts a shadow over the burrito chain, and missteps since then have derailed the company's progress in winning back the trust of its customers.
A new leader is exactly what Chipotle needs right now. There are two things that need to be done to fix the company.
Image source: Chipotle.https://www.chipotle.com/company
Source: Fool.com
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