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 $5.19M. The average tenure of the management team and the board of directors is 1.4 years and 4.5 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 | 1.4yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
What Is Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Share Price Doing?
Jan 21
Chipotle: It Still Has Fuel In The Tank
Jan 21The Price Is Right For Chipotle Mexican Grill, Inc. (NYSE:CMG)
Jan 08Calculating The Intrinsic Value Of Chipotle Mexican Grill, Inc. (NYSE:CMG)
Dec 25Chipotle: In A Tough Spot As Price Hikes May Trigger Further Sales Deterioration
Dec 20It's Time To Get Mexican Food: Chipotle Is A Buy (Technical Analysis)
Nov 25Chipotle: Both The Business And The Investment Are Very Simple
Nov 07With EPS Growth And More, Chipotle Mexican Grill (NYSE:CMG) Makes An Interesting Case
Oct 19Chipotle Mexican Grill: Still Too Rich For My Wallet
Oct 17Chipotle Mexican Grill: Still Destined For Growth
Oct 07Earnings Tell The Story For Chipotle Mexican Grill, Inc. (NYSE:CMG)
Oct 03Chipotle: I'm Not Worried About CEO's Departure
Sep 23Is It Too Late To Consider Buying Chipotle Mexican Grill, Inc. (NYSE:CMG)?
Sep 20Beyond The CEO: Evaluating Chipotle's Fundamental Strengths
Sep 11Chipotle: Departing CEO Niccol Brian Leaves Behind An Extraordinary Team
Aug 23Chipotle: Can The Sector Leader Avoid Sector Gravity?
Aug 11Are Chipotle Mexican Grill, Inc. (NYSE:CMG) Investors Paying Above The Intrinsic Value?
Aug 10Chipotle: Growth Meets Overvaluation - A Sell Recommendation
Aug 01Chipotle Mexican Grill: Why We Exited CMG
Jul 23Investors Should Be Encouraged By Chipotle Mexican Grill's (NYSE:CMG) Returns On Capital
Jul 11Chipotle And Its Real Value
Jul 08Chipotle: Growth Beyond The Split, But Valuation On Focus, Hold
Jun 30Chipotle: Gains Are Likely To Stall As Valuation Risks Are High
Jun 08Why We're Not Concerned About Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Share Price
Jun 05Chipotle: Unsustainable Price Hikes
May 31With EPS Growth And More, Chipotle Mexican Grill (NYSE:CMG) Makes An Interesting Case
May 21Chipotle Remains A Very Strong Hold In My Portfolio
May 06Capital Investment Trends At Chipotle Mexican Grill (NYSE:CMG) Look Strong
Apr 08Chipotle: A Bullish Stock Split, But Shares Near Fair Value
Apr 05Chipotle Mexican Grill's Stock Split: What Does It Mean For Shareholders?
Mar 21Is Now An Opportune Moment To Examine Chipotle Mexican Grill, Inc. (NYSE:CMG)?
Mar 09Chipotle: Taking A Breather, But Monitoring Closely
Mar 04Earnings Update: Here's Why Analysts Just Lifted Their Chipotle Mexican Grill, Inc. (NYSE:CMG) Price Target To US$2,648
Feb 08We Ran A Stock Scan For Earnings Growth And Chipotle Mexican Grill (NYSE:CMG) Passed With Ease
Jan 31Chipotle: Expansion, Financials, And Valuation Warrants Cautious Investment Consideration
Jan 30Chipotle: Strong Brand And Market Performance But Expensive Valuation
Jan 18Chipotle Could Maintain Over 20% Annual Returns
Dec 29Chipotle's Valuation Leaves Little Room For Error
Dec 16Chipotle: One Up On Wall Street
Nov 28Chipotle Q3: Strong Performance, But Valuation Does Matter
Nov 15Chipotle: Record High Per-Location Sales, It's Time To Buy
Oct 30CEO 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$177m |
Compensation vs Market: Scott's total compensation ($USD6.35M) is below average for companies of similar size in the US market ($USD12.59M).
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% $ 5.2m | |
| President and Chief Strategy Officer | less than a year | US$8.38m | 0.25% $ 193.0m | |
| Chief Customer & Technology Officer | 7.8yrs | US$7.43m | 0.021% $ 16.1m | |
| Chief Brand Officer | 1.7yrs | US$6.62m | 0.023% $ 17.8m | |
| Chief Financial Officer | less than a year | no data | 0.00090% $ 705.9k | |
| 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 | 6.3yrs | no data | 0.0038% $ 3.0m | |
| Chief Human Resources Officer | 1.2yrs | no data | 0.000040% $ 31.4k | |
| Managing Director of Europe | 8.3yrs | no data | no data | |
| Chief Corporate Affairs & Food Safety Officer | 5.8yrs | no data | 0.0055% $ 4.3m | |
| Managing Director of Canada | no data | no data | no data |
1.4yrs
Average Tenure
55yo
Average Age
Experienced Management: CMG's management team is not considered experienced ( 1.4 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% $ 5.2m | |
| Independent Director | 4.5yrs | US$341.08k | 0.0073% $ 5.7m | |
| Independent Director | 5.8yrs | US$363.58k | 0.0028% $ 2.2m | |
| Independent Director | 4.5yrs | US$341.08k | 0.0016% $ 1.2m | |
| Independent Director | 28yrs | US$336.08k | 0.24% $ 185.5m | |
| Independent Director | 3.8yrs | US$341.08k | 0.0041% $ 3.2m | |
| Independent Director | 3.8yrs | US$341.08k | 0.0016% $ 1.3m | |
| Chairman & Lead Independent Director | 5.8yrs | US$418.58k | 0.0029% $ 2.3m | |
| Independent Director | 8.1yrs | US$356.08k | 0.0030% $ 2.4m | |
| Independent Director | 1.3yrs | US$171.04k | 0.00053% $ 415.7k |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Board: CMG's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 04:00 |
| End of Day Share Price | 2025/01/21 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 |
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| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
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 |