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Chipotle hires Wendy’s executive Stephen Piacentini as its new chief development officerChipotle hires Wendy’s executive Stephen Piacentini as its new chief development officer

Piacentini spent four years at Wendy’s U.S., and previously held similar roles at restaurants Jimmy John’s and Taco Bell.

Alicia Kelso, Executive Editor

May 31, 2023

2 Min Read
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Chipotle Mexican Grill has named Stephen Piacentini as its new chief development officer, effective June 19. He will report to chief brand officer Chris Brandt.

Piacentini most recently served as the U.S. Chief Development Officer at The Wendy’s Company, where he spent more than four years leading the development of new restaurants in the U.S. by partnering with existing franchisees, recruiting new franchisees, and activating real estate opportunities. He also launched programs designed to help franchisees build their restaurant portfolios and supported the brand’s global expansion.

“Stephen’s development experience will be instrumental for Chipotle as our organization enters its highest growth period in history,” Brandt said in a statement. “His expertise in domestic and international markets will help us accomplish our goal of increasing access to our real food around the world.”

Prior to his time at The Wendy’s Company, Piacentini served as the Chief Development Officer at Jimmy John’s and spent more than 13 years at Taco Bell, holding various positions in finance and development.

“From afar, I’ve always admired Chipotle’s unwavering commitment to its purpose and its employees,” Piacentini said in a statement. “This is a rare opportunity to grow an iconic brand’s footprint in North America and beyond, and I can’t wait to get to work.”

Related:Chipotle Mexican Grill chief development officer Tabassum Zalotrawala steps down

Piacentini succeeds Tabassum Zalotrawala, who left in March to join McDonald’s as its chief development officer. His appointment comes as Chipotle targets about 7,000 North American restaurants, from its current 3,200-plus units. Most of those locations are expected to be in the company’s mobile-order-ahead Chipotle format, which has generated higher sales and margins than traditional locations.

Stephen holds a B.S. in Economics and Politics from Pitzer College, and a Master of Business, Economics and Politics degree from The Drucker School of Management at Claremont Graduate University.

Contact Alicia Kelso at [email protected]

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About the Author

Alicia Kelso

Executive Editor, Nation's Restaurant News

Alicia Kelso is the executive editor of Nation's Restaurant News. She began covering the restaurant industry in 2010 for QSRweb.com, FastCasual.com and PizzaMarketplace.com. When her son was born, she left the industry to pursue a role in higher education, but swiftly returned after realizing how much she missed the space. In filling that void, Alicia added a contributor role at Restaurant Dive and a senior contributor role at Forbes.
Her work has appeared in publications around the world, including Forbes Asia, NPR, Bloomberg, The Seattle Times, Crain's Chicago, Good Morning America and Franchise Asia Magazine.
Alicia holds a degree in journalism from Bowling Green State University, where she competed on the women's swim team. In addition to cheering for the BGSU Falcons, Alicia is a rabid Michigan fan and will talk about college football with anyone willing to engage. She lives in Louisville, Kentucky, with her wife and son.

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