Best Areas in Chicago to Open a Restaurant in 2026
Explore best Areas in Chicago to open a restaurant by matching neighborhood demand, concept type, costs, traffic, and customer behavior.
Jun 17, 2026
Explore best Areas in Chicago to open a restaurant by matching neighborhood demand, concept type, costs, traffic, and customer behavior.
Jun 17, 2026
Learn how to calculate menu price by analyzing ingredient costs, labor, overhead, demand, and contribution margin for stronger restaurant profits.
Jun 17, 2026
BJ's Restaurants has appointed Monika Saxena as brand president, bringing over two decades of experience from LongHorn Steakhouse and Darden Restaurants, where she helped drive 20 consecutive quarters of positive comparable sales growth.
Jun 17, 2026
Hungry Howie's has appointed Jimmy Simonte as Executive Vice President of Marketing, bringing more than 25 years of Domino's experience to the Michigan-born pizza brand as it undergoes a major technology overhaul and prepares to launch a new loyalty programme.
Jun 17, 2026
Starbucks CFO Cathy Smith is transferring her principal accounting officer role to Val Bauduin, who will continue serving as SVP of corporate finance and development while reporting to Smith amid the chain's ongoing turnaround.
Jun 17, 2026
Blue Bottle Coffee has introduced Kyoto-Style Espresso, a slow-drip cold espresso made without machines, launching across its 152 global locations on June 16 with seven new cold drinks designed specifically for the way modern customers order coffee.
Jun 17, 2026
Yum Brands has agreed to sell Pizza Hut through two separate transactions totalling $2.7 billion, with Long Range Capital acquiring the global business for $1.5 billion and Yum China Holdings purchasing the China operations for $1.2 billion.
Jun 16, 2026
Scooter's Coffee is running a buy-one-get-one drink offer from June 19 to 21, available exclusively through its mobile app after 11 a.m.- giving customers three days to treat dad to a free drink this Father's Day weekend.
Jun 16, 2026
A group of Twin Peaks franchisees has been named strategic advisor to the chain's new owners following its sale out of bankruptcy, with a clear path to acquiring the brand outright within the next 12 to 16 months.
Jun 16, 2026
Denny's is launching The Clock's Off Menu on June 24, combining breakfast, lunch, and dinner favorites available any time of day, alongside new Slammin' Meal Deals Under $10 and exciting rewards for new members.
Jun 16, 2026
Explore the retirement of Chipotle's CFO and the appointment of a successor, analyzing the financial growth and future outlook of the fast-casual giant.
Photo by Blogging Guide
Jack Hartung's retirement as Chipotle's chief financial officer marks the end of a remarkable era in the company's financial leadership. Serving in the role since 2002, Hartung played a pivotal role in driving Chipotle's meteoric growth. His tenure saw significant milestones, including the 2006 IPO when the company's share price was $22. Over the years, Chipotle's expansion has been exponential, with the recent 50-to-1 stock split reflecting the company's robust financial performance.
Photo by Blogging Guide
Under Hartung's guidance, Chipotle experienced unprecedented financial growth. From its humble beginnings with around 570 locations in 26 states during the IPO, the company now boasts nearly 3,500 restaurants across the U.S., Canada, the UK, France, Germany, and Kuwait. The surge in share price, surpassing $3,000, is a testament to the market's confidence in Chipotle's financial prowess and future potential.
The succession plan at Chipotle involves Adam Rymer taking over as CFO, effective January 1, 2025. With 15 years of experience at the company and currently serving as vice president of finance, Rymer is well-positioned to continue the financial success and growth trajectory set by Hartung. The seamless transition aims to ensure continuity in leadership and sustained financial performance.
As Chipotle bids farewell to Hartung and welcomes Rymer into the CFO role, the company remains optimistic about its financial future. With a strong team and a proven track record of financial acumen, Chipotle is poised for continued growth and profitability in the competitive restaurant industry landscape. The company's long-term strategy aligns with maintaining its financial success while focusing on enhancing the brand's culture and stakeholder value.
Apart from Rymer's appointment as CFO, Jamie McConnell's new role as chief accounting and administrative officer signifies a strategic move in bolstering Chipotle's financial governance. McConnell, who has been with Chipotle since 2018 and mentored by Hartung, brings a wealth of experience to her new position. These leadership changes reflect the company's commitment to nurturing internal talent and ensuring a smooth transition in key financial roles.