29-11-2017 17:20 via ocregister.com

Troubled Chipotle on the hunt for a new CEO

Chipotle Mexican Grill rallied after founder Steve Ells agreed to step down as chief executive officer, clearing the way for a new leader with the operational expertise needed to pull the burrito chain out of a two-year slump.
Ells, a trained chef who started the company in 1993, will hand over the reins once a new CEO is found, Chipotle said on Wednesday. He will continue as head of the board, taking the title of executive chairman.
Chipotle has struggled to bounce back from an E. coli crisis i
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