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flag Starbucks appoints Brian Niccol as CEO and chairman amidst challenges, effective September 9.

flag Starbucks appoints Brian Niccol as its new CEO and chairman, effective September 9. flag Niccol brings 20 years of experience from Chipotle and Yum! flag Brands Inc. to Starbucks, which faces challenges such as slumping demand due to inflation, long wait times, activist investors, contract negotiations with unionized workers, and Middle East boycotts. flag Niccol's track record in the restaurant industry, including turning around Chipotle and increasing sales through digital orders and new products, has reassured investors.

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