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Starbucks ‘needs' the kind of innovation that Chipotle has, says asset management firm

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Starbucks Replaces CEO, Speculation on New CEO’s Capability #

Starbucks is undergoing a change in leadership as CEO Laxman Narasimhan is being replaced by Chipotle CEO Brian Niccol. This change sparks speculation on Niccol’s ability to manage Starbucks’ international business. With Starbucks’ strong global presence, it is crucial for the new CEO to possess the necessary skills to navigate the challenges of international markets. The decision to appoint Niccol suggests that Starbucks is looking for fresh perspectives and expertise to drive the company forward. Only time will tell how well Niccol will handle the responsibilities of leading Starbucks’ international operations.