Chipotle Mexican Grill begins search for new CEO [CNBC]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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ir.chipotle.com
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Source: CNBC
Chipotle Mexican Grill announced Wednesday its search for a new CEO, with current chief executive, Steve Ells, becoming executive chairman. The restaurant chain's board has formed a committee to help find a new leader, Chipotle said. On the committee are directors Robin Hickenlooper and Ali Namvar, as well as Ells. Recruitment firm Spencer Stuart will also assist in the search efforts. I am incredibly proud of Chipotle and our people — and grateful to our loyal customers — and while we are continuing to make progress, it is clear that we need to move faster to make improvements, Ells said in a statement. Shares of Chipotle were halted in premarket trading prior to the announcement. Chipotle has struggled of late to win customers back after reports of a norovirus outbreak at its Sterling, Virgina, restaurant circulated in July, once again dinging the chain's reputation. The company has faced numerous foodborne illness outbreaks since 2015. In its latest quarter, Ch
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CMG
Earnings
- 2/6/24 - Beat
CMG
Sec Filings
- 4/8/24 - Form PRE
- 3/22/24 - Form 4
- 3/20/24 - Form 144
- CMG's page on the SEC website