>> After a tumultous run of bad headlines and sick customers, Chipotle on Tuesday looked to turn that all around by poaching Taco Bell's CEO. The company said it hired Brian Niccol from Yum Brands to turn around the burrito chain that has been hit by a series of food safety lapses.
Shares were up 11% in after hours trading. Taco Bell is known as less expensive fast food compared to Chipotle’s made-to-order burritos. Niccol has headed Taco Bell since 2015. He replaces Chipotle founder, Steven Ells, who said in November he would step aside after failing for two years to rescue the burrito chain sales and reputation.