Starbucks Chipotle CEOs Bond Over Early Morning Gym Sessions

Starbucks CEO Brian Niccol and Chipotle CEO Scott Boatwright, despite being competitors in the fast-casual dining industry, share a unique bond that extends beyond the boardroom. Their mornings often begin at 5 a.m., side by side in the gym, where they not only engage in physical exercise but also exchange ideas and insights about the latest trends in their respective industries.

This early morning routine allows them to discuss topics such as artificial intelligence and the growing trend of protein-packed menus. Their conversations often delve into innovative ideas, like Chipotle’s guacamole-making robots, providing each other with fresh perspectives on business strategies. Boatwright recently shared at a summit that their gym sessions are not just about physical fitness but also about staying updated on industry trends and sharing thoughts on their businesses.

Niccol and Boatwright’s friendship began in 2018 when Niccol was appointed as the CEO of Chipotle, with Boatwright serving as his chief operating officer. Their collaborative efforts were instrumental in the success of Chipotle during that period. Niccol later moved to lead Starbucks, while Boatwright took over as the CEO of Chipotle. Their continued friendship serves as a reminder of the importance of having a trusted friend for career advice, even at the highest levels of corporate leadership.

Executives often face isolation in their leadership roles, making close professional connections a valuable asset. The bond between Niccol and Boatwright is reminiscent of other successful business partnerships, such as Warren Buffett and Charlie Munger, whose close relationship has been pivotal to their success. Buffett has often spoken about the value of Munger’s insights and the enjoyment they derive from their partnership.

Maintaining effective relationships is not always easy, but it is crucial for leaders. Brian Chesky, the founder and CEO of Airbnb, sought advice from Barack Obama on how to be a more effective leader. Chesky emphasized the importance of reconnecting with old friends and building relationships, which can lead to personal and professional growth.

For leaders like Niccol and Boatwright, exercise is not just a way to stay healthy but also a key driver of their success. Carving out time for physical activity is essential for maintaining the energy and stamina required to lead large corporations. Airbnb’s Chesky, for instance, incorporates two workouts into his daily routine, prioritizing sleep as a non-negotiable aspect of his health regimen. Disney CEO Bob Iger, despite being in his 70s, starts his day at 4 a.m. to get in a workout, emphasizing the importance of physical and mental health for his demanding role.

In conclusion, the early morning gym sessions of Starbucks and Chipotle CEOs highlight the importance of friendship, exercise, and effective communication in the corporate world. Their routine serves as an example of how leaders can balance physical fitness with professional growth, ultimately contributing to their success and the success of their companies.