March 14, 2018 / 4:56 PM / in 5 months

BRIEF-Chipotle's Chief Marketing Officer Resigns

March 14 (Reuters) - Chipotle Mexican Grill Inc:

* ‍CO, MARK CRUMPACKER, CHIEF MARKETING AND STRATEGY OFFICER, ENTERED INTO AGREEMENT PROVIDING FOR CRUMPACKER’S RESIGNATION

* AGREEMENT ENTITLES CRUMPACKER TO CASH SEVERANCE TOTALING 26 WEEKS OF PAY AT HIS BASE SALARY - SEC FILING

* CHIPOTLE MEXICAN GRILL SAYS ‍AGREEMENT FURTHER PROVIDES THAT CRUMPACKER RELEASES ANY LEGAL CLAIMS AGAINST CHIPOTLE​

* AGREEMENT ALLOWS CRUMPACKER 12 MONTHS TO EXERCISE VESTED STOCK-ONLY STOCK APPRECIATION RIGHTS, RATHER THAN 90 DAYS AS IN AWARD AGREEMENTS Source text : (bit.ly/2peMD1v) Further company coverage:

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