Chipotle pops after naming Taco Bell CEO as new boss (CMG)

Current Taco Bell CEO Brian Niccol will be the new CEO of Chipotle on March 5.
Shares of Chipotle climbed as much as 10% on the news. Shares of Chipotle Mexican Grill popped more than 10% in after-hours trading on Tuesday following a report that current Taco Bell CEO Brian Niccol will assume the same role for the embattled Mexican chain starting on March 5. 
Chipotle is expected to officially announce the news later on Tuesday, according to a Wall Street Journal report.
Current CE