United Kingdom

People: Chipotle Mexican Grill Inc (CMG.N)

CMG.N on New York Stock Exchange

24 Apr 2019
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Ells, Steve 

Mr. Steve Ells is Executive Chairman of the Board of the Company. Mr. Ells founded Chipotle in 1993. He was Chief Executive Officer until Mr. Niccol was appointed to that role in March 2018, at which time Mr. Ells became Executive Chairman. From 2009 through 2016 Mr. Ells served as Co-Chief Executive Officer and Chairman. Prior to launching Chipotle, Mr. Ells worked for two years at Stars restaurant in San Francisco. Mr. Ells’s vision – that food served fast doesn’t have to be low quality and that delicious food doesn’t have to be expensive – is the foundation on which Chipotle is based. Mr. Ells graduated from the University of Colorado with a Bachelor of Arts degree in art history, and is also a graduate of the Culinary Institute of America.

Basic Compensation

Total Annual Compensation, USD 1,540,000
Restricted Stock Award, USD 9,324,500
Long-Term Incentive Plans, USD --
All Other, USD 187,675
Fiscal Year Total, USD 11,052,200

Options Compensation

  Quantity Market Value
Exercisable 20,000 90,600.00
Unexercisable 49,833 49,914.00
Exercised 75,000 9,245,980.00