Chipo­tle shop­ping around for new CEO

The Columbus Dispatch - - Market Summary -

NEW YORK — Chipo­tle is look­ing for a new CEO to help turn the restau­rant chain around, after a long strug­gle to re­cover from a se­ries of food safety scares.

The com­pany said Wed­nes­day that founder Steve Ells, who be­came sole CEO less than a year ago, will step down from that po­si­tion as soon as it finds a re­place­ment. Ells will then be­come ex­ec­u­tive chair­man.

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