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Chipotle seeks new CEO who’s a turnaround wizard, buzz builder

Who needs to tackle the hardest job within the restaurant trade?

That’s the query dealing with Chipotle Mexican Grill as the corporate searches for a brand new chief govt officer to exchange Steve Ells, who mentioned final month he can be stepping down. His successor will inherit a model that’s been badly tarnished by a food-safety disaster, and can face intense stress to mount a turnaround, which has proved elusive within the greater than two years because the food-borne sickness points burst into public view.

Chipotle’s shares are set to complete 2017 down for a 3rd straight yr. Invoice Ackman, whose Pershing Sq. Capital is the chain’s largest holder, hasn’t commented on who ought to lead the corporate.

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