Chipotle Mexican Grill Management
Management criteria checks 2/4
Chipotle Mexican Grill's CEO is Scott Boatwright, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is $6.35M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth R$34.58M. The average tenure of the management team and the board of directors is 1.3 years and 4.4 years respectively.
Key information
Scott Boatwright
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 9.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.007% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$6m | US$608k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$5m | US$563k | US$899m |
| Sep 30 2022 | n/a | n/a | US$809m |
| Jun 30 2022 | n/a | n/a | US$756m |
| Mar 31 2022 | n/a | n/a | US$684m |
| Dec 31 2021 | US$5m | US$546k | US$653m |
| Sep 30 2021 | n/a | n/a | US$710m |
| Jun 30 2021 | n/a | n/a | US$586m |
| Mar 31 2021 | n/a | n/a | US$406m |
| Dec 31 2020 | US$12m | US$517k | US$356m |
| Sep 30 2020 | n/a | n/a | US$237m |
| Jun 30 2020 | n/a | n/a | US$256m |
| Mar 31 2020 | n/a | n/a | US$338m |
| Dec 31 2019 | US$5m | US$468k | US$350m |
| Sep 30 2019 | n/a | n/a | US$310m |
| Jun 30 2019 | n/a | n/a | US$249m |
| Mar 31 2019 | n/a | n/a | US$205m |
| Dec 31 2018 | US$6m | US$428k | US$177m |
| Sep 30 2018 | n/a | n/a | US$188m |
| Jun 30 2018 | n/a | n/a | US$170m |
| Mar 31 2018 | n/a | n/a | US$190m |
| Dec 31 2017 | US$2m | US$237k | US$176m |
Compensation vs Market: Scott's total compensation ($USD6.35M) is about average for companies of similar size in the BR market ($USD5.74M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
CEO
Scott Boatwright (51 yo)
less than a year
Tenure
US$6,346,772
Compensation
Mr. Scott Boatwright has been the Chief Executive Officer and Director of Chipotle Mexican Grill, Inc. since November 12, 2024 and was its Interim Chief Executive Officer since August 31, 2024 until Novemb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$6.35m | 0.0066% R$ 34.6m | |
| President and Chief Strategy Officer | less than a year | US$8.38m | 0.25% R$ 1.3b | |
| Chief Customer & Technology Officer | 7.8yrs | US$7.43m | 0.022% R$ 113.1m | |
| Chief Brand Officer | 1.6yrs | US$6.62m | 0.023% R$ 118.7m | |
| Chief Financial Officer | less than a year | no data | 0.00090% R$ 4.7m | |
| Chief Accounting and Administrative Officer | less than a year | no data | no data | |
| Head of Investor Relations & Strategy | no data | no data | no data | |
| Chief Legal Officer | 6.2yrs | no data | 0.0038% R$ 19.9m | |
| Chief Human Resources Officer | 1.1yrs | no data | 0.000040% R$ 209.0k | |
| Managing Director of Europe | 8.3yrs | no data | no data | |
| Chief Corporate Affairs & Food Safety Officer | 5.8yrs | no data | 0.0055% R$ 28.6m | |
| Managing Director of Canada | no data | no data | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: C1MG34's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$6.35m | 0.0066% R$ 34.6m | |
| Independent Director | 4.4yrs | US$341.08k | 0.0073% R$ 38.2m | |
| Independent Director | 5.8yrs | US$363.58k | 0.0028% R$ 14.4m | |
| Independent Director | 4.4yrs | US$341.08k | 0.0016% R$ 8.2m | |
| Independent Director | 27.9yrs | US$336.08k | 0.24% R$ 1.2b | |
| Independent Director | 3.8yrs | US$341.08k | 0.0041% R$ 21.3m | |
| Independent Director | 3.8yrs | US$341.08k | 0.0016% R$ 8.4m | |
| Chairman & Lead Independent Director | 5.8yrs | US$418.58k | 0.0029% R$ 15.3m | |
| Independent Director | 8yrs | US$356.08k | 0.0030% R$ 15.9m | |
| Independent Director | 1.3yrs | US$171.04k | 0.00053% R$ 2.8m |
4.4yrs
Average Tenure
58yo
Average Age
Experienced Board: C1MG34's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:25 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Chipotle Mexican Grill, Inc. is covered by 67 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| David Tarantino | Baird |
| Ishan Majumdar | Baptista Research |