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Stock impact report

Chipotle headquarters moving to Newport Beach [Los Angeles Times (CA)]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Chipotle headquarters moving to Newport Beach Chipotle Mexican Grill will move its headquarters from Denver to Newport Beach this year, the restaurant chain announced Wednesday. The announcement comes about three months after Chipotle announced it had selected Brian Niccol , the former head of Irvine-based Taco Bell, as its chief executive. Chipotle has weathered outbreaks of food-borne illnesses in recent years. "In order to align the structure around our strategic priorities, we are transforming our culture and building world-class teams to revitalize the brand and enable our long-term success," Niccol said in a statement Wednesday. "We'll always be proud of our Denver roots, where we opened our first restaurant 25 years ago," he added. Chipotle's transition from its Denver and New York City offices will take place over the next six months. The company will bring most of its corporate functions to Newport, including operations, business development, marketing, communications, financ Show less Read more
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