What It Means That Chipotle CEO Steve Ells Is Resigning

In this segment from the MarketFoolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker consider the news that the head of much-troubled fast-casual chain Chipotle Mexican Grill (NYSE: CMG) is given up the CEO job. Investors likely figure that whomever replaces Steve Ells will be an improvement. But that new person may have more than Ells' legacy to overcome: They may also have to maneuver past him in his role as a board chairman.

A full transcript follows the video.

Source: Fool.com