Newport Beach, Calif. — Chipotle Mexican Grill is opening a new restaurant called Farmesa at Third Street Promenade in Santa Monica, Calif. Farmesa is a fresh, bold new concept that is inspired by Chipotle’s ‘Food with Integrity’ standards. The concept will soft-open with an abbreviated menu and limited hours before officially rolling out in March. “One of our strategic objectives is to create or invest in emerging culinary spaces and restaurant concepts that fit within Chipotle’s food with integrity mission and make fresh food daily,” says Brian Niccol, chairman and …
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Denver — Chipotle Mexican Grill plans to relocate its headquarters, currently in Denver, to Newport Beach, Calif. Functions within the current Denver office will either be consolidated in Chipotle’s existing office in Columbus, Ohio, or moved to the new headquarters in Newport Beach.
Louisville, Ky. — With the recently announced departure of CEO Brian Niccol, who is leaving Taco Bell to join Chipotle, Julie Felss Masino, president of Taco Bell North America, and Liz Williams, president of Taco Bell International, will assume leadership of the Taco Bell division in their respective roles, reporting to Yum! Brands CEO Greg Creed.
Denver — Chipotle Mexican Grill’s board of directors has appointed Brian Niccol as chief executive officer and a member of the board, effective March 5, 2018. Niccol most recently served as CEO of Yum! Brands’ Taco Bell division, where he was responsible for the highly successful turnaround of the business.
Irvine, Calif. — Taco Bell Corp. has elevated its executive team roles and expanded its leadership capabilities with the addition of three new positions as the brand continues its journey to become a $15 billion company with 9,000 restaurants globally by 2022.