Chipotle (CMG) stock is under pressure Tuesday, after it was announced CEO Brian Niccol will be leaving to take over as the new CEO of Starbucks. Peter Saleh, BTIG managing director joins Market Domination to discuss the impact of this leadership exit on Chipotle moving forward.

Despite Niccol's impending exit, Saleh remains optimistic about Chipotle's prospects. He believes the company "will have a laundry list of great candidates" available to assume this position. Saleh describes Chipotle as "a fantastic brand" that is "on great footing," with significant growth potential ahead.

"In our opinion the business is very healthy, so there is some modest risk from losing your executive team but you know I think they will find a way to replace them and move forward," Saleh told Yahoo Finance, calling this leadership change "a speed bump for Chipotle."

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This post was written by Angel Smith