Chipotle Mexican Grill CMG has accelerated its CFO transition following the departure of the CEO Brian Niccol for Starbucks SBUXthe burrito chain announced on Wednesday.

What happened: Adam Rymer will now take over as chief financial officer on October 1, instead of January as originally planned. This decision comes after Niccol announced he would join Starbucks as CEO on September 9. Rymer was promoted to the position in July, replacing the longtime CFO. Jack Hartung.

Hartung, who had originally planned to retire, will now also serve as Chipotle’s president and chief strategy officer, effective October 1. He will support the interim CEO. Scott Boatwright during this time. In addition Jamie McConnellController of Chipotle, will assume the role of Chief Accounting and Administrative Officer.

To ensure leadership stability, Chipotle has implemented retention plans for the entire leadership team during this transition period. Niccol’s move to Starbucks is intended to revitalize the coffee giant, which is under pressure from activist investors.

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Why it is important: The transition at Chipotle comes at a pivotal time for the company. Lately, Chipotle has been in the spotlight for both positive and negative reasons. On Tuesday, Chipotle shares rose following the announcement of a new menu item, Chipotle Honey Chicken, which is part of the company’s strategy to introduce two to three new items annually.

However, the company is also under scrutiny by the National Labor Relations Board. The NLRB has accused Chipotle of illegally withholding pay raises from unionized workers at its Lansing, Michigan, facility.

The allegations stem from accusations by the International Brotherhood of Teamsters, which claimed that Chipotle informed unionized workers that they would not receive the same raises as non-unionized workers. The NLRB’s general counsel intends to file a formal complaint unless the matter is resolved.

Despite these challenges, some experts believe Chipotle remains a worthwhile investment. Stephanie LinkChief Investment Strategist & Portfolio Manager at Hightower Consultant, suggested that the company’s recent share price decline represents a buying opportunity.

Price promotion: In after-hours trading, Chipotle Mexican shares fell 0.48% to $55.50. Earlier in the regular trading session, the stock closed at $55.77, representing a daily loss of 0.66%. Year-to-date, the stock is up 24.21%, according to data from Benzinga Pro.

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This story was created with Benzinga Neuro and edited by Kaustubh Bagalkote