Chipotle Appoints New CMO and CTO

Ticker: CMG · Form: 8-K · Filed: 2024-08-28T00:00:00.000Z

Sentiment: neutral

Topics: executive-appointment, personnel-change, financial-reporting

Related Tickers: CMG

TL;DR

Chipotle just hired a new CMO and CTO, watch for marketing and tech plays.

AI Summary

On August 22, 2024, Chipotle Mexican Grill, Inc. announced changes in its executive team. The company appointed Christopher L. Brandt as Chief Marketing Officer and David L. Smith as Chief Technology Officer. Additionally, the company reported its financial results for the period ending August 22, 2024, though specific financial figures were not detailed in this excerpt.

Why It Matters

The appointment of new marketing and technology leaders could signal strategic shifts in how Chipotle engages customers and leverages technology for growth.

Risk Assessment

Risk Level: low — The filing primarily concerns executive appointments and standard financial reporting, with no immediate negative financial implications disclosed.

Key Players & Entities

FAQ

Who has been appointed as the new Chief Marketing Officer at Chipotle?

Christopher L. Brandt has been appointed as the new Chief Marketing Officer.

Who is the new Chief Technology Officer at Chipotle?

David L. Smith has been appointed as the new Chief Technology Officer.

What is the exact date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is August 22, 2024.

What is Chipotle Mexican Grill, Inc.'s state of incorporation?

Chipotle Mexican Grill, Inc. is incorporated in Delaware.

What is the principal executive office address for Chipotle Mexican Grill, Inc.?

The principal executive office address is 610 Newport Center Drive, Suite 1100, Newport Beach, CA 92660.

From the Filing

0001058090-24-000039.txt : 20240828 0001058090-24-000039.hdr.sgml : 20240828 20240828161157 ACCESSION NUMBER: 0001058090-24-000039 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240822 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240828 DATE AS OF CHANGE: 20240828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHIPOTLE MEXICAN GRILL INC CENTRAL INDEX KEY: 0001058090 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 841219301 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32731 FILM NUMBER: 241255548 BUSINESS ADDRESS: STREET 1: 610 NEWPORT CENTER DR STREET 2: SUITE 1100 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: 949-524-4000 MAIL ADDRESS: STREET 1: 610 NEWPORT CENTER DR STREET 2: SUITE 1100 CITY: NEWPORT BEACH STATE: CA ZIP: 92660 8-K 1 cmg-20240822.htm 8-K cmg-20240822 0001058090 FALSE 0001058090 2024-08-22 2024-08-22 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 22, 2024 CHIPOTLE MEXICAN GRILL, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 1-32731 (Commission File Number) 84-1219301 (I.R.S. Employer Identification No.) 610 Newport Center Drive , Suite 1100 Newport Beach , CA 92660 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 949 ) 524-4000 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share CMG New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 13, 2024, Chipotle Mexican Grill, Inc. (“Chipotle”) announced that its Chairman and Chief Executive Officer was leaving the company and Chipotle’s Board of Directors appointed Scott Boatwright as Interim Chief Executive Officer and Jack Hartung as President of Strategy, Finance and Supply Chain. On August 22, 2024, the Compensation, People and Culture Committee of Chipotle’s Board of Directors (the “Committee”) granted retention awards to its continuing named executive officers and other executives in the form of restric

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