Form 8-K · Current Report · Filed 2024-07-09
Chipotle Announces Retirement of CFO Jack Hartung and Successor Appointment
Chipotle Mexican Grill, Inc. announced on July 9, 2024, that Jack Hartung, its Chief Financial and Administrative Officer since 2002, will retire effective March 31, 2025. Adam Rymer, a 15-year veteran and current Vice President of Finance, will succeed Hartung as CFO starting January 1, 2025. Additionally, Jamie McConnell will become Chief Accounting and Administrative Officer, reporting to Rymer. Hartung will assist with the transition until his retirement. The announcement was made via a press release under Regulation FD Disclosure.
- Filer
- Chipotle Mexican Grill, Inc. CMG · NYSE
- Filed
- Accession
- 0001193125-24-176742
- CIK
- 0001058090
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$59.51
Next session
-2.0%
Since filing
-37.5%
Latest close
$37.22
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CMG reporting the same item, with the next session's move:
Exhibits (1)
About Chipotle Mexican Grill, Inc.
Chipotle Mexican Grill, Inc. operates as a fast-casual restaurant chain, dedicated to serving Mexican-inspired cuisine. With a focus on natural ingredients and customizable menu options, Chipotle offers items such as burritos, tacos, and bowls prepared from responsibly sourced ingredients. Its commitment to "Food with Integrity" emphasizes the use of organic produce and meats raised without hormones or antibiotics, setting it apart in the fast-food industry. Headquartered in Newport Beach, California, Chipotle has significantly influenced the dining landscape by promoting healthy eating trends and sustainability efforts within the restaurant sector. The company operates numerous outlets across several countries, showcasing its substantial market presence and appeal. Through its digital platforms, including a mobile app and online ordering system, Chipotle enhances customer convenience and expands its reach. The brand's approach to operational efficiency and product quality has solidified its standing as a prominent player in the quick-service restaurant industry, resonating with health-conscious consumers worldwide.
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