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I react to the big news in the fast food and beverage sector that Starbucks (SBUX) CEO Laxman Narasimhan has been replaced by Chipotle Mexican Grill (CNG) star CEO Brian Niccol. Can he improve the performance of Starbucks and SBUX stock in the years ahead?
Related video:
Starbucks Stock Crash: Disaster Quarter & CEO Interview
https://youtu.be/SlNlbjm6tNM
Referenced videos:
CNBC: Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
Starbucks names Brian Niccol new CEO: Here's what to expect https://youtu.be/zA2dDbQy1UI
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Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.