Starbucks offered incoming CEO Brian Niccol a hefty pay package to lure him away from Chipotle. Niccol will receive a $10 million signing bonus to take the job.
Chick-fil-A has a new president. The company named Susannah Frost to the role effective Oct. 1.
The FTC wants to end bogus online restaurant evaluations. The agency issued new regulations Thursday that outlaw such practices as hiring ghostwriters to craft and post favorable recounts of visits that may or may not have actually taken place.
A soup dumpling chain has new CEOs. The Taiwan-born family-run restaurant Din Tai Fung has named co-CEOs of the North America division, which is growing the brand across the U.S. and Canada.
There’s been a shakeup at McDonald’s. The largest restaurant company has a new global chief people officer as Tiffanie Boyd steps into the role following Heidi Capozzi’s departure for a new opportunity.
Get all the headlines in today’s Restaurant Daily podcast.