management

Leadership

Duck Donuts' CEO departs amid layoffs

Betsy Hamm left the doughnut chain as some corporate staff was let go, while some franchisees close their doors.

Financing

Starbucks sues a former executive over $830K

The coffee shop giant claims that a former senior vice president left only after a few months and didn’t earn his full sign-on bonus.

The Bottom Line: The coffee shop giant is making changes in its support staff, joining a long line of big restaurant companies that paired turnarounds with corporate reorganizations.

The former Chipotle CEO took the helm at the Seattle-based coffee shop giant in September. Since then the company has made changes to its structure and marketing. And it’s not done.

The longtime board member last year ceded the chairman title to Brian Niccol and was instrumental in recruiting him to the coffee shop giant.

The Bottom Line: Excessive management turnover at companies can create their own set of problems as new executives look to make their mark. The restaurant industry is loaded with examples.

The chief executive of the fast-food sandwich giant will retire at the end of the year. Carrie Walsh, who heads the company’s operations in Europe, the Middle East and Africa, will take over as interim CEO.

Gunther Plosch, who has been the fast-food chain’s financial chief since 2016, is leaving the company at the end of the year. It is the latest in a series of executive shakeups at the burger concept.

The CEO of the fast-growing drive-thru salad concept is leaving at the end of the year following differences in strategy with the company's board of directors.

Heather Neary, named chief executive of the fast-food Mexican chain earlier this year, wants to modernize the brand in and out of the restaurants.

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