This chapter examines Brian Niccol's appointment as the new CEO of Starbucks amidst recent challenges, including declining stock performance and leadership transitions. It highlights Niccol's previous successes at Chipotle and outlines the complex environment he faces, including reputation issues, financial strategies, and market performance. The discussion extends to the broader implications of these changes on Starbucks' growth and the renewable energy sector in relation to community sentiments.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News Consumer Reporter Deena Shanker and Bloomberg Intelligence Senior Credit Analyst Jody Lurie discuss Starbucks ousting its chief executive officer and picking Chipotle Mexican Grill’s Brian Niccol as its next leader. The move simultaneously flipped the fortunes of two of America’s largest restaurant chains. Bloomberg News Energy and Climate Disasters Reporter Josh Saul shares the details of his story Nantucket Rages Over Broken Wind Turbine Blade That Shut Beaches. Randall Atkins, CEO of Ramaco Resources, talks about earnings and the AI impact on the coal industry. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.