Ells, who will remain chairman, began Chipotle in 1993 as an alternative to fast-food restaurants and the company has derided the kind of fare that Taco Bell sells.
David Tarantino, senior research analyst at Robert W. Baird & Co., said in a note Wednesday that Niccol (left) was a strong choice to lead 2,408-unit Chipotle, given his track record as CEO of 6,849-unit Taco Bell since 2015.
"Niccol needs to challenge the heritage thinking that has paralyzed this brand for two years", Scott said. Prior to this role, Williams was the Taco Bell CFO, where the brand delivered six years of industry-leading sales, profit and brand growth under her financial leadership, according to the release. The new chief executive officer will be Brian Niccol, who ran Taco Bell for three years and met sweet success courting crowds with indulgent dishes such as Doritos Locos Tacos and A.M. Crunch Wraps.
Shares of Chipotle were up 11 per cent at US$279 (RM1,098.98) in extended trading.
The news, which came after markets closed, sent Chipotle share prices up by as much as 12%. Niccol was responsible for repositioning Taco Bell as a lifestyle brand and launching the chain's breakfast offerings.
A spokesperson from activist investor Bill Ackman's firm, Pershing Square Capital Management called Niccol "the right leader to reinvigorate the company".
Julie Felss Masino, 47, president of Taco Bell North America, and Liz Williams, 42, president of Taco Bell International, will assume leadership of the Taco Bell Division in their respective roles, according to Yum! The chain also hinted it may be testing new menu items - a fast-food strategy that Chipotle has long refused to try. They've also said Chipotle should hire more employees to relieve pressure on existing staff, which has been under duress and has had to deal with an increase in responsibilities since the food-safety issues arose.
Police later found cell phone recordings made by Giles in which he made clear his obsession with Meg and hatred of her boyfriend. A "disturbed fan" armed with a gun entered the home of a celebrity YouTube couple before firing at least one shot, police said.
In five Pink ODIs, the former South African captain averages 112.50 with the bat, with one century and two half-centuries. MS Dhoni was left to bat out overs 33 to 42 without taking risks even if it meant a dip in the run-rate.
Under the deal unveiled by Premier Jay Weatherill, solar systems and batteries will be supplied and installed free of charge. Interested in solar? Get a solar cost estimate and find out how much a solar system would cost for your home or business.
Sara Gilbert broke down in tears when she read how Baio allegedly assaulted her friend while he worked on the show. Nicole Eggert took Scott Baio's advice and filed a police report against the " Charles in Charge " actor Tuesday.
But here's what I like most about going with her: our little tailgate party beforehand complete with bloody marys and a fun lunch. The aromas of all the grilled and fried and fun cheesy foods assault me as I walk down the aisles of the parking lot.
The Karachi Bar Association, the Malir Bar Association and the Sindh Bar Council (SBC) also observed a day of mourning. She was a staunch critic of Zia ul Haq's military rule and his Islamisation of the Pakistani state apparatus.
But mentor? That isn't exactly how he would view the situation. "All I can worry about it doing my job", Manning said. In speaking with the media, Manning said, "Yeah, obviously knowing I will be a New York Giant, that helped".
What about Republicans? A whopping 72 percent said Trump is a good role model for children, and only 22 percent disagreed. Gallup conducted the poll by interviewing more than 171,000 people across the country throughout 2017.
Kuwait conference reviews support to Iraqi people
It will cost nearly $90bn (£65.1bn) to rebuild war-torn Iraq after three years of bitter fighting with Islamic State (Isis). Analysts said Iraqi leaders are expected to pressure Saudi Arabia and other Gulf Arab states to step up to the plate.
Israel Stands Firm: Will Iran Capitulate?
Israel maintains that four of its F-16 jets were returning from a bombing raid on an Iranian drone control site inside Syria . Hence the Iranian determination to follow through with this strategy despite their clear understanding of Israel's red lines.
Mkhitaryan: Arsene Wenger 'friendlier' than Jose Mourinho
Perhaps trying to cement the point that Aubameyang should be seeking inspiration from the qualities of the French superstar. Arsenal striker Alexandre Lacazette needs to improve or could face being sold in the summer, according to Emmanuel Petit .
Eurostar to launch London-Amsterdam link on April 4
This means passengers will have to change at Brussels, leaving the return journey time at an estimated four hours and 49 minutes. As of April 4th 2018, Eurostar will be offering a direct service from London St Pancras to the centre of Amsterdam.
Apple Releases iOS 11.3 Public Beta 2
Normally, this page should show you if the battery is operating at peak capacity and you will see which is the maximum capacity. Earlier this week, Apple developers received the iOS 11 .3 beta 2 software which included the battery health featuers.
Remains of Andrew Kinsman found at Mallory Cres. residence
Police said Lisowick, who was in his mid-40s, was homeless, stayed in public shelters and had not been reported missing. They have also erected large tent in the back yard. "We are dealing with some agencies overseas", Idsinga said.
Meet Lucas, first Gerber baby with Down syndrome
The proud dad is a helicopter fix person and served in Georgia's National Guard for six years, Fox 5 Atlanta reported. The internet was rife with cooing adoration upon seeing and hearing of Lucas Warren's most recent accomplishment.
Snap Revenue Surges 72% on User Growth, Advertising Gains
The fourth quarter was an "important quarter for Snap as investor confidence in the company's growth story has waned". If the gains hold, Snap's stock could open above its IPO price of $17 a share for the first time since July.