Recapping the Restaurant Industry: Major Events in the Second Half of 2024
Explore the significant shifts in the restaurant industry during the latter half of 2024, from CEO shuffles to industry-changing outbreaks and acquisitions.
Photo by Sergio Arteaga on Unsplash
CEO Shake-ups and Transitions
The latter half of 2024 witnessed significant CEO transitions in the restaurant industry, with notable names such as Chipotle's Brian Niccol taking over as Starbucks CEO, showcasing the industry's dynamic leadership landscape. Other major executive appointments included Todd Penegor becoming Papa John's new leader and various brand leadership changes indicating a period of strategic realignment and fresh visions.