8-K filed August 13, 2024, 7:59 PM ET ticker CMG CIK 0001058090

leadership confidence high sentiment neutral materiality 0.85

CEO Brian Niccol departs for Starbucks; Scott Boatwright named interim CEO

CHIPOTLE MEXICAN GRILL INC

Brian Niccol resigns as CEO and Chairman, effective Aug 31, 2024, to become Starbucks CEO.
Scott Boatwright, COO since 2017, appointed Interim CEO; Scott Maw becomes Chairman.
Jack Hartung delays retirement to serve as President, Strategy, Finance & Supply Chain.
Company reaffirms strategy to reach 7,000 North American restaurants and expand internationally.
Leadership change is effective immediately; Board cites deep bench from talent planning.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jack Hartung

President, Strategy, Finance & Supply Chain

CMG · CHIPOTLE MEXICAN GRILL INC

Filed: August 13, 2024, 7:59 PM ET

Jack Hartung, who recently announced his retirement from Chipotle in 2025, has agreed to remain with Chipotle indefinitely as President, Strategy, Finance & Supply Chain to ensure a smooth transition.

Departed

Brian Niccol

Chief Executive Officer and Chairman

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-08-31
Successor: Scott Boatwright
Filed: August 13, 2024, 7:59 PM ET

Brian Niccol notified Chipotle Mexican Grill, Inc. (“Chipotle”) of his decision to leave Chipotle on August 31, 2024.

Appointed

Scott Maw

Chairman of the Board

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-08-13
Filed: August 13, 2024, 7:59 PM ET

Scott Maw, Chipotle’s Lead Independent Director, has been named Chairman of the Board, effective immediately.

Role change (interim)

Scott Boatwright

Interim Chief Executive Officer

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-08-13
Filed: August 13, 2024, 7:59 PM ET

Chipotle’s Board of Directors has appointed Scott Boatwright, 51, as Interim Chief Executive Officer, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jack Hartung changed role as President, Strategy, Finance & Supply Chain at CHIPOTLE MEXICAN GRILL INC.

Role: President, Strategy, Finance & Supply Chain

Exact text from the filing

Jack Hartung, who recently announced his retirement from Chipotle in 2025, has agreed to remain with Chipotle indefinitely as President, Strategy, Finance & Supply Chain to ensure a smooth transition.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Niccol resigned as Chief Executive Officer and Chairman at CHIPOTLE MEXICAN GRILL INC.

Action: resigned
Role: Chief Executive Officer and Chairman

Exact text from the filing

Brian Niccol notified Chipotle Mexican Grill, Inc. (“Chipotle”) of his decision to leave Chipotle on August 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Scott Maw was named as Chairman of the Board at CHIPOTLE MEXICAN GRILL INC.

Action: named
Role: Chairman of the Board

Exact text from the filing

Scott Maw, Chipotle’s Lead Independent Director, has been named Chairman of the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Scott Boatwright was appointed as Interim Chief Executive Officer at CHIPOTLE MEXICAN GRILL INC.

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Chipotle’s Board of Directors has appointed Scott Boatwright, 51, as Interim Chief Executive Officer, effective immediately.

View on SEC.gov

CHIPOTLE MEXICAN GRILL INC filing history →

Source: SEC EDGAR

accession 0001058090-24-000035

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