Starbucks’ new CEO faces backlash over 1,000-mile commute to Seattle office
Starbucks’ new CEO faces backlash over 1,000-mile commute to Seattle office

Starbucks’ new CEO faces backlash over 1,000-mile commute to Seattle office

Starbucks’ new CEO faces backlash over 1,000-mile commute to Seattle office
Starbucks’ new CEO faces backlash over 1,000-mile commute to Seattle office
I don't understand why they think he's worth this much money and effort when by all accounts Chipotle is a shell of its former glory
This is the only metric that boards care about when hiring CEOs:
It won't last. It just takes awhile for consumers to figure out that your product is now shit.
Most people aren't visiting every day to notice the price increases or the quality decreases. And the first or second time it's often written off as just an outlier.
Of course there's variance per customer, but it takes a couple years before you really earn the shitty reputation of something like Dominos circa 2014. In the meantime, line looks like this before it drops. And by that time you're CEO of a different company.
Cause gutting doublebucks is the plan
Absolutely. Jack Welch's rotting corpse requires further tributes. The product isn't what matters, just the line going up.
Chipotle failed to unionize and I bet short term profits are up.
Fascinating
I keep hearing it's much worse than it used to be, profits regardless