What companies does Chipotle own?
Mar 06, 2022 · Who currently owns Chipotle? Steve Ells founded Chipotle Mexican Grill in 1993, an American chain of fast-casual restaurants that serve Mexican-inspired foods such as tacos and burritos. Their growth from then to now is quite …
Is Chipotle owned by McDonalds?
Jul 23, 2017 · Per a May 11, 2016 filing with the SEC, Moran owns approximately 154,755 shares of the company, making him the second-largest individual shareholder of Chipotle.
Who are the stakeholders of Chipotle?
Oct 24, 2021 · Chipotle isn’t owned by an individual, rather a large group of institutional investors and shareholders. Steve Ells is the founder and former CEO of Chipotle Mexican Grill (CMG). CMG started trading at NYSE (New York Stock Exchange) and went public in 2006, doubling the original stock price in less than a day shortly after McDonald’s left the company.
Is Chipotle really a Mexican restaurant?
Feb 10, 2021 · Chipotle founder Steve Ells is now executive chairman of the board, while Brian Niccol, who ran Taco Bell for three years, is now the company’s chief executive officer. In spite of the challenges, Chipotle is still one of the most popular fast casual chains in the country.
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CHIPOTLE MEXICAN GRILL (NYSE: CMG) is owned by 89.82% institutional shareholders, 15.46% CHIPOTLE MEXICAN GRILL insiders, and 0.00% retail investors. Bank Ag Deutsche is the largest individual CHIPOTLE MEXICAN GRILL shareholder, owning 2.36M shares representing 8.40% of …
What company owns Chipotle?
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Chipotle Mexican Grill.
| Type | Public |
|---|---|
| Number of employees | 97,660 (December 2021) |
Is Chipotle still owned by McDonald’s?
Is Chipotle owned by Taco Bell?
Why did McDonald’s sell its shareholding in Chipotle?
Is Chipotle actually Mexican?
What does Chipotle stand for?
Who is competitor of Chipotle?
Who owns McDonald’s now?
Is Chipotle the new McDonald’s?
Does Steve Ells still own Chipotle?
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| Steve Ells | |
|---|---|
| Years active | 1993–2020 |
| Known for | Founding Chipotle Mexican Grill |
Who is the CEO of Chipotle?
Can I open a Chipotle franchise?
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When will chipotle release earnings?
Chipotle released Q3 2020 earnings on October 21, 2020. The Mexican food maker reported revenues of $1.6 billion for the quarter, a 14.1% increase from $1.4 billion over the same period the previous year. 4 . Here are the four largest individual shareholders of Chipotle Mexican Grill.
Does Chipotle have GMOs?
Under Ells, Chipotle has described itself as offering “ naturally raised meat,” while promoting sustainable agriculture and refraining from the use of GMOs. As of Ells’ most recent filing with the SEC on February 28, 2020, the former CEO owns 119,104 shares of Chipotle directly and another 112,259 shares indirectly through trusts. 6.
Who is Shoshanna Delventhal?
Shoshanna Delventhal is an expert in equities investing with 3+ years of experience as a business, finance, and markets reporter. Shoshanna received her bachelor’s from the University of North Carolina at Chapel Hill—double majoring in economics and international relations.
When was CMG founded?
Updated Jan 26, 2021. In 1993, Chipotle Mexican Grill Inc. ( CMG) was founded in Denver as a means for former Chief Executive Officer (CEO) Steve Ells to save up for his dream of owning a fine-dining restaurant.
Who is Steve Ells?
Steve Ells. Steve Ells is the founder and former CEO of Chipotle Mexican Grill. After launching the burrito shop in 1993 with money borrowed from friends and family, Ells was appointed as chair in 2005 and has served as a director since 1996. Prior to founding Chipotle, Ells, who holds a Bachelors of Arts degree from the University of Colorado, …
When did chipotle open in Europe?
Chipotle expanded to Europe with the first European restaurant opening in May 2010 in London. A second location opened in London in September 2011. The following year, three additional locations were quickly opened in the London area. After this growth spurt, the rate of further expansion in London slowed greatly with the sixth location appearing in 2013 and the seventh in June 2015. Although Chipotle blames the slow growth in the United Kingdom on the British unfamiliarity with Mexican foods, several locally owned burrito chains had opened locations across the United Kingdom during the same interval.
When did chipotle go public?
On January 26, 2006, Chipotle made its initial public offering (IPO) after increasing the share price twice due to high pre-IPO demand. In its first day as a public company, the stock rose exactly 100%, resulting in the best U.S.-based IPO in six years, and the second-best IPO for a restaurant after Boston Market.
Where does chipotle come from?
Its name derives from chipotle, the Nahuatl name for a smoked and dried jalapeño chili pepper. The company trades on the New York Stock Exchange under the ticker symbol CMG.
What is chipotle restaurant?
Chipotle Mexican Grill, Inc. ( / tʃɪˈpoʊtleɪ /, chih-POHT-lay ), often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission burritos that are made to order in front of the customer.
Is chipotle fast casual?
Chipotle is one of the first chains of fast casual dining establishments. Competitors in the fast-casual Mexican market include Qdoba Mexican Grill, Moe’s Southwest Grill, Rubio’s Coastal Grill, and Baja Fresh.
Where was the first chipotle?
The first Chipotle, near the campus of the University of Denver. Founder Steve Ells attended the Culinary Institute of America in Hyde Park, New York. Afterward, he became a line cook for Jeremiah Tower at Stars in San Francisco. There, Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District.
What is the chipotle team?
Chipotle’s team includes a residing corporate office of managers and its board of directors. Members of both teams are appointed to serve on committees: audit, compensation, and nominating and corporate governance.
Who is the CEO of chipotle?
Brian Niccol became CEO of Chipotle Mexican Grill in February 2018. On March 6, 2020, Ells resigned as chairman and left the board of directors, breaking his final ties to the company.
Who is Steve Ells?
US$200million. Steve Ells (born September 12, 1965) is an American businessman. He is the founder, former CEO, and Executive Chairman of Chipotle Mexican Grill. Ells founded Chipotle in 1993, and under his direction, the chain serves what it describes as “naturally raised meat” and promotes sustainable agriculture.
How much is Steve Ells worth?
Net worth. US$200million. Steve Ells (born September 12, 1965) is an American businessman. He is the founder, former CEO, and Executive Chairman of Chipotle Mexican Grill. Ells founded Chipotle in 1993, and under his direction, the chain serves what it describes as “naturally raised meat” and promotes sustainable agriculture.
Who is the CEO of chipotle?
Steve Ells, Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls, and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in an interactive style allowing people to get exactly what they want. Chipotle seeks out extraordinary ingredients that are not only fresh, but that are raised responsibly, with respect for the animals, land, and people who produce them. Chipotle prepares its food using whole, unprocessed ingredients and without the use of added colors, flavors or other additives typically found in fast food. Chipotle opened with a single restaurant in Denver in 1993 and now operates more than 2,200 restaurants. For more information, visit Chipotle.com.
When did chipotle go public?
The company went public in 2006. As Chairman and CEO, Ells will directly oversee restaurant operations, strategic initiatives, and innovation projects at the company. “Chipotle is based on a very simple idea: We start with great ingredients, prepare them using classic cooking techniques, and serve them in a way that allows people …
How many locations does chipotle have?
Chipotle has since grown into one of the nation’s largest restaurant companies, with more than 2,200 locations in five countries. Ells served as Chairman and CEO from 1993 until 2009 when he became co-CEO, a title he shared with Moran. The company went public in 2006.
Does chipotle have burritos?
Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls, and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in an interactive style allowing people to get exactly what they want.
Albert S. Baldocchi
Director#N#Mr. Baldocchi has been self-employed since 2000 as a financial consultant and strategic advisor for, and investor in, a variety of privately-held companies. He holds a Bachelor of Science degree in chemical engineering from the University of California at Berkeley and an MBA from Stanford University.
Matt Carey
Mr. Carey is the Executive Vice President and Chief Information Officer of The Home Depot, Inc., a role he’s held since September 2008. Prior to that, Mr. Carey served as the Senior Vice President and Chief Technology Officer at eBay Inc.
Gregg Engles
Mr. Engles is the founder and managing partner of Capitol Peak Partners, a capital investment company since April 2017. Mr. Engles previously served as the Chairman of the Board of Directors and Chief Executive Officer of The WhiteWave Foods Company, a food and beverage company, from October 2012 until April 2017 when it was acquired by Danone S.A.
PATRICIA FILI-KRUSHEL
Ms. Fili-Krushel serves as Chair of the Board of Directors Coqual (formerly Center for Talent Innovation), a New York City–based think tank that focuses on global talent strategies, where she served as Chief Executive Officer from January 2019 until February 2021.
Neil W. Flanzraich
Mr. Flanzraich is the Executive Chairman of Cantex Pharmaceuticals, Inc. (formerly ParinGenix, Inc.), a privately-owned biotech company, where he previously served as Chief Executive Officer and Chairman, and Executive Chairman of Alzheon, Inc., a privately-owned biotech company. He has been a private investor since February 2006.
Mauricio Gutierrez
Mr. Gutierrez is the President and Chief Executive Officer of NRG Energy, Inc., a role he’s held since December 2015. Prior to that, he held the position of Chief Operating Officer and several other executive roles at NRG since joining the company in 2004. Mr.
Robin Hickenlooper
Director#N#Ms. Hickenlooper is Senior Vice President of Corporate Development at Liberty Media Corporation, an owner of media, communications and entertainment businesses, and has served in senior corporate development roles at Liberty Media and its affiliates since 2010. Prior to joining Liberty Media in 2008, Ms.
How much did chipotle sales grow in 2014?
Chipotle’s same-store sales grew more than 16% in 2014, while McDonald’s declined 1% during the same period. Chipotle founder and coCEO Steve Ells has spoken openly about the companies’ differences in the past.
How many locations does chipotle have?
Now Chipotle has more 1,800 locations and business is booming, while McDonald’s is battling declining sales and traffic, a damaged public perception, and a relationship with franchisees that has hit an all-time low. At McDonald’s annual shareholders meeting this week, an attendee grilled the CEO on why the company gave up on Chipotle, …
Did McDonald’s invest in chipotle?
McDonald’s was a major contributor to Chipotle’s success. The burger chain made an investment in Chipotle in 1998 that helped it grow from 14 locations to nearly 500 within seven years. By 2005, McDonald’s had a 90% stake in Chipotle’s business. But one year later, McDonald’s divested its stake and parted ways with the fledgling burrito chain.
Overview
Corporate management
Chipotle’s team includes a residing corporate office of managers and its board of directors. Members of both teams are appointed to serve on committees: audit, compensation, and nominating and corporate governance.
The top management team consisted of the chief executive officer, Steve Ells; the chief financial officer, Jack R. Hartung; the chief marketing and development officer, Mark Crumpacker. The cu…
History
Founder Steve Ells attended the Culinary Institute of America in Hyde Park, New York. Afterward, he became a line cook for Jeremiah Tower at Stars in San Francisco. There, Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District. In 1993, Ells took what he learned in San Francisco and opened the first Chipotle Mexican Grill in Denver, Colorado, in a f…
International
According to an article in The Motley Fool, Chipotle had 17 locations outside of the United States by October 2014 with the majority in Canada, and the UK was in the process of opening more locations. The rate of overseas expansion was slower than expected. Many of the press reviewers thought that the food was overpriced for their area.
Menu
Chipotle’s menu consists of five items: burritos, bowls, tacos, quesadillas, and salads. The price of each item is based on the choice of chicken, pork carnitas, barbacoa, steak, tofu-based “sofritas”, or vegetarian (with guacamole or queso , which would be at an extra charge otherwise). Additional optional toppings are offered free of charge, including: rice, beans, four types of salsa, sour cream, c…
Chipotle’s menu consists of five items: burritos, bowls, tacos, quesadillas, and salads. The price of each item is based on the choice of chicken, pork carnitas, barbacoa, steak, tofu-based “sofritas”, or vegetarian (with guacamole or queso , which would be at an extra charge otherwise). Additional optional toppings are offered free of charge, including: rice, beans, four types of salsa, sour cream, c…
Food safety
Since 2008, a former Kansas State University food safety professor has accused Chipotle of confusing the public by using such terms as “naturally raised meats”, “organic ingredients”, and “locally sourced” and trying to equate those terms with food safety. In rebuttal, a Chipotle spokesperson told The Daily Beastthat “all of our practices have always been very much within industry norms. It’s importan…
Data breach
In April 2017, Chipotle first announced that their point of salepayment system was compromised during a three-week period from late March to mid-April but gave very little information about the incident. The following month, the company later revealed that 2,250 restaurants in 47 states were involved which could potentially affect hundreds of thousands of customers who may had their credit or debit card account information with security codes stolen. A few restaurants in Ca…
Lawsuits
In November 2016, three men filed a class-action lawsuit against Chipotle alleging that a burrito was listed as containing only 300 calories, when in fact it contained more. They are seeking “unspecified damages and for an injunction against the company to prevent it from posting what it calls misleading information on its food.”
In January 2020 the company received a $1.3 million fine from the state of Massachusetts for 1…