Chipotle founder Steve Ells steps down as board chairman
Chipotle board will have 7 directors
Chipotle Mexican Grill announced Friday that founder Steve Ells has stepped down as executive chairman and director, relinquishing the position to the company’s CEO, Brian Niccol.
"I am grateful to Steve for his mentorship and guidance since I joined Chipotle two years ago," Niccol said in a statement. "Our key strategies are working, and I am proud of the results the team has achieved.”
CHIPOTLE TESTS UNLIMITED PTO, INCREASES PAID PARENTAL LEAVE
The Chipotle board will have seven directors, six of whom are independent, due to the changes.
CHIPOTLE PAYS NURSES TO DISTINGUISH HANGOVER FROM CONTAGIOUS ILLNESS