• US Markets Wrap: Starbucks Replaces CEO With Chipotle’s Superstar Brian Niccol; Pressure on Boeing & Market Sentiments On A Roller Coaster Ride

  • Aug 14 2024
  • Duración: 7 m
  • Podcast

US Markets Wrap: Starbucks Replaces CEO With Chipotle’s Superstar Brian Niccol; Pressure on Boeing & Market Sentiments On A Roller Coaster Ride

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  • Resumen

  • Brian Niccol, who has held the top position at Chipotle since 2018, will take the helm of Starbucks starting September. He will replace Laxman Narasimhan, whose relatively brief tenure began in March last year, when he took over from Howard Schultz and became the first chief executive to come from outside the company.

    David Dietze, Managing Principal at Peapack Private weighs in on Starbuck's latest move, pressure on Boeing at the moment, and how inflation is driving market sentiments. He also shares insights on Scotiabank paying US$2.8 billion for minority stake in US regional bank KeyCorp.

    Presented by: Ryan Huang
    Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
    Photo credits: Stephen Brashear / AP / Starbucks / Boeing/Afp Via Getty Images

    See omnystudio.com/listener for privacy information.
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