---
schema_version: "secwatch.filing_event.v1"
accession: "0001058090-24-000058"
form_type: "8-K"
ticker: "CMG"
cik: "0001058090"
company_name: "CHIPOTLE MEXICAN GRILL INC"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:00:43.744614+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Chipotle approves 2025 CEO compensation: $1.1M salary, 200% bonus target, $13M equity for Boatwright

## Summary
- Base salary increased to $1,100,000 from $1,000,000 as interim CEO.
- Annual cash incentive target raised to 200% of base salary (previously 115%).
- Eligible for annual equity awards with aggregate grant date value of $13,000,000.
- Continues participation in executive severance plans and other benefits.

## SEC filing metadata
- accession: 0001058090-24-000058
- form_type: 8-K
- ticker: CMG
- cik: 0001058090
- company_name: CHIPOTLE MEXICAN GRILL INC
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058090/000105809024000058/0001058090-24-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058090/000105809024000058/cmg-20241217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058090-24-000058
- JSON: https://secwatch.observer/filing/0001058090-24-000058.json
- Plain text: https://secwatch.observer/filing/0001058090-24-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.