If newly minted Chipotle Mexican Grill Chief Executive Scott Boatwright could choose where to spend his workday, it wouldn’t be at the company’s high-rise offices overlooking Fashion Island. “I’d rather spend my on-duty time at Chipotle Mexican Grill either in restaurants with our people and our team members, or at Read More
Chief Executive Sean Tresvant wants Taco Bell to be more than just an iconic U.S. fast food chain. “We have aspirations to be a top five global brand,” Tresvant told the Business Journal during a visit to the company’s Irvine headquarters. Out of about 8,723 locations, Taco Bell counts over Read More
Rivian Automotive Inc. is leasing another 95,000 square feet of industrial space at Jamboree Business Park, across the street from its Irvine headquarters. The electric vehicle maker signed a lease for 94,550 square feet at 14410 Myford Road on April 30 and plans to move into the space on May Read More
More than a decade after it was founded in Newport Beach, Landsea Homes is returning to its local roots—but under new ownership. The Dallas-based homebuilder, which relocated its headquarters to Texas two years ago, is being acquired by Irvine’s New Home Co. in a $1.2 billion all-cash deal. Under the Read More
After frequently placing in the top 5 among the country’s best-selling master planned communities for the better part of a decade, the Irvine Company saw a steep decline in new home sales on its land the past few years. In John Burns Real Estate Consulting’s January listing of 2024’s top-selling Read More
The future of well-known Orange County School of the Arts is up in the air amid a long running financial dispute with the Santa Ana Unified School District. A court has ordered the charter school, known as OCSA, to pay $16 million in accumulated special education program costs from over Read More
A large estate in Newport Coast with a Pelican Crest address changed hands for $42 million, making it the most expensive residential transaction of the year, to date, in Orange County. The sale of 1 Pelican Crest Drive in Newport Coast is also the fourth most expensive residential deal ever Read More
Investors became so excited about the potential of Glaukos Corp. that from late 2023 until early February, they had more than doubled the price of each share to more than $160 and an $8.8 billion market cap. “All the analyst reports were super bullish,” recalled Glaukos CFO Alex Thurman. “At Read More
QSC LLC is on a mission to generate $1 billion in revenue, a goal closer in reach than before with its $1.2 billion sale to Atlanta-based Acuity Brands Inc. completed on Jan. 1. The future of the audio, visual and control firm, founded in 1968, is what drew Jared Callister Read More
Liyuan Woo is no stranger to disruption. In fact, she thrives on working for category creators like TOCA Football. With a career that’s spanned billion-dollar fashion brands to facial-tech startups, Woo has built a reputation for steering companies through restructuring, high growth and reinvention. That experience proved invaluable when she Read More
