Will robots come to Chipotle? Chipotle’s new CEO shares his vision

Chipotle (CMG) continues to be one of the most beloved food brands in America and its stock price underscores the point. The stock is up 300% in the past five years! But success is never guaranteed in the restaurant industry, and Chipotle will have to work hard in the years to come to keep competitors at bay. Yahoo Finance Executive Editor Brian Sozzi and Senior Reporter Brooke DiPalma sit down with Chipotle’s new CEO Scott Boatwright. Boatwright was named as CEO in November after the unexpected departure of Brian Niccol to Starbucks as CEO. Boatwright has spent decades in operating roles at restaurants, 18 years in fact. Now he will be tasked with carrying over the momentum at Chipotle established by Niccol, while also looking to expand faster overseas and automate restaurants. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Scott Boatwright on Opening Bid 01:30-Origin story: a dishwasher 05:30-Tech at Chipotle 13:30-Can consumers swallow another cost increase? 19:00-Filling Brian Niccol's shoes Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Scott Boatwright is Chiptole's CEO and a member of the Board of Directors. He joined Chipotle in 2017 after spending 18 years at rival Arby's Restaurant Group. Learn more about your ad choices. Visit megaphone.fm/adchoices