Sweetgreen advances 5% after announcing former Chipotle executives join

Shares of fast-casual health venue, restaurant chain Sweetgreen (SG) advanced approximately 5% or 28c per share to $14.34 on Monday after announcing the company hired a culinary head, Chad Brauze, with prior experience at Burger King (QSR ) and prior to that, he was Director of Culinary and Menu Development at Chipotle Mexican Grill (CMG). Additionally, Sweetgreen hired Michael Kotick, VP, Head of Marketing. Michael served as Chipotle’s Senior Director of Marketing. Additionally, Michael spent eight years at Nestle (NSRGY)where he served in various marketing leadership positions, including marketing director, general manager, Member of Nestle’s global marketing leadership team, and global head of digital and social media of PetCare.