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Chipotle Mexican Grill (CMG)

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Last Post: 8/16/2018 2:37:06 PM - Followers: 57 - Board type: Free - Posts Today: 2



Chipotle Mexican Grill Inc
Suit 500, 1401 Wynkoop Street
Denver CO 80202
Phone: (303) 595-4000
Fax: (303) 674-5266

Outstanding Shares:  30.94m
Chipotle IR - Investor Relations



In 2013, Chipotle made headlines for becoming the first national restaurant chain to voluntarily disclose the presence of GMOs in our food. In 2015, we succeeded in our quest to switch to serving food made only with non-GMO ingredients. 

Learn more about why we're saying "Farewell" to GMOs.

Company Office/Directors

Chairman of the Board, Co-Chief Executive Officer:  Steve Ells
Mr. Steve Ells is Chairman of the Board, Co-Chief Executive Officer of Chipotle Mexican Grill, Inc. Mr. Ells founded Chipotle in 1993. 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. This visionary thinking has led to Chipotle accomplishing great things, such as growing from a single restaurant to over 1,400 in just 20 years, and serving more naturally-raised meat than any other restaurant company. Mr. Ells graduated from the University of Colorado with a Bachelor of Arts degree in art history, and is also a 1990 Culinary Institute of America graduate.

Co-Chief Executive Officer, Director:  Montgomery F. Moran
Mr. Montgomery F. Moran is Co-Chief Executive Officer, Director of Chipotle Mexican Grill, Inc. Mr. Moran previously served as chief executive officer of the Denver law firm Messner & Reeves, LLC, where he was employed since 1996, and as general counsel of Chipotle. His experience as general counsel from the time the company had only a few restaurants through growth to several hundred restaurants at the time he joined the company, has given him knowledge and understanding of every aspect of the business. His legal experience ran from trial and employment matters to real estate and other transactional matters, as well as general corporate counseling. As a result he has an skill set in such areas as risk management and crisis handling, and also is thoroughly familiar with management personnel throughout the organization. Mr. Moran holds a Bachelor of Arts degree in communications from the University of Colorado and a J.D., cum laude, from Pepperdine University School of Law.

Chief Financial Officer:  Hartung, John
Mr. John R. Hartung is Chief Financial Officer of Chipotle Mexican Grill, Inc., since 2002. In addition to having responsibility for all of financial and reporting functions, Mr. Hartung also oversees IT; safety, security and risk; and compensation and benefits. Mr. Hartung joined Chipotle after spending 18 years at McDonald’s where he held a variety of management positions, most recently as Vice President and Chief Financial Officer of its Partner Brands Group. Mr. Hartung has a Bachelor of Science degree in accounting and economics as well as an MBA from Illinois State University.

Company's Description

Chipotle Mexican Grill, Inc. develops and operates fast casual, fresh Mexican food restaurants in 21 states throughout the United States and in the District of Columbia. Chipotle became a subsidiary of McDonald's in September 1999-2006 when McDonald's acquired a controlling stake in the Company at the same time that the Company's predecessor, World Foods, Inc., a Colorado corporation formed in 1996, merged with Chipotle. Chipotle, a corporation formed under the laws of the State of Delaware on January 30, 1998, was the surviving entity in the merger.

The Chipotle's philosophy is simple: demonstrate that food served fast doesn't have to be a fast-food experience. Chipotle tries to avoid using a formulaic approach when creating its experience and looked to fine-dining restaurants for inspiration. The Company uses high-quality raw ingredients, classic cooking methods and a distinctive interior design, and has friendly people to take care of each customer-features that are more frequently found in the world of fine dining. Chipotle competes in a category of dining now called fast-casual, the fastest growing segment of the restaurant industry, where customers expect food quality that's more in line with full-service restaurants, coupled with the speed and convenience of fast food.

Chipotle uses an integrated information system to manage the flow of information within each restaurant and between the restaurants and the corporate office. This system includes a point-of-sales local area network that helps facilitate the operations of the restaurant by recording sales transactions and printing orders in the appropriate locations within the restaurant. Additionally, the point-of-sales system is used to authorize, batch and transmit credit card transactions, to record employee time clock information, and to produce a variety of management reports. Select information that is captured from this system is transmitted to the corporate office on a daily basis, which enables management to continually monitor operating results.

As of Mar 2014, the company operated 2,000 restaurants, with, ~37,310+ employees, including Chipotle restaurants through the United States, as well as five in Canada, five in London, England, and one in Paris, France, and also one ShopHouse Southease Asian Kitchen, a restaurant in Washington D.C.  The Company had 258 free-standing units, 861 end-cap locations, 233 in-line locations and 58 others.  The average restaurant size is about 2,535 square ft and seats about 56 people.  Most includes patio.  Chipotle is on target to be reaching 2,500 restaurants by 2015.







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CMG News: One more reason to #stayinschool! Chipotle brings back BOGO for back to school this Saturday 08/15/2018 08:30:00 AM
CMG News: Chipotle Test Proves What We Already Know: Everything Is Better With Bacon 08/09/2018 02:11:00 PM
CMG News: After Record-Breaking Digital Sales Days, Chipotle And DoorDash Offer Free Delivery This Weekend 08/03/2018 07:30:00 AM
CMG News: Holy Guacamole! Chipotle Avocado Day Promotion Smashes Records 08/01/2018 01:13:00 PM
CMG News: Securities Registration: Employee Benefit Plan (s-8) 07/27/2018 06:13:40 AM
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#1207   I don't get it either. instead of buying Nebuchadnezzar 08/16/18 02:37:06 PM
#1206   Lol. Sure glad I wasn’t betting against it! Stock Guy777 08/16/18 01:27:59 AM
#1205   People still getting sick and this company stays dannyzee84 08/15/18 12:56:35 PM
#1204   May I have another Mondo Burrito, please ?? And budgetthis 08/15/18 12:39:42 PM
#1203   I thought CMG would need breakfast menu/new entres' mdb1 08/15/18 10:16:05 AM
#1202   They actually do have a breakfast menu at uptowndw 08/15/18 09:59:13 AM
#1201   From now to the 24th this will fall Stock Guy777 08/10/18 10:05:54 AM
#1200   I guess the new CEO does a better Avanger 08/10/18 01:15:15 AM
#1199   amazing recovery! New CEO, who cares about hundreds mdb1 08/06/18 12:53:19 PM
#1198   Happy Friday fellow Burrito lovers..... Apparently we’re offering free budgetthis 08/03/18 01:33:03 PM
#1197   The Market loves do many Analysts, who budgetthis 08/02/18 03:50:31 PM
#1196   CMG still going higher, guess Ohio restaurant sickness mdb1 08/01/18 02:09:25 PM
#1195   Just listened to the news, the Chipotle is kphone2004 08/01/18 12:03:45 PM
#1194   CMG up today: surprising. They said hundreds mdb1 08/01/18 10:50:54 AM
#1193   Folks getting sick again at Chipotle. CMG crudeoil24 07/31/18 04:22:35 PM
#1192   Gonna eat some chipotle today with the profits! adtime 07/31/18 11:48:09 AM
#1191   I'd be concerned this latest 'outbreak' was staged. flptrnkng 07/31/18 09:27:39 AM
#1190   Didn't the norovirus (even though it was only mdb1 07/31/18 05:50:45 AM
#1189   CMG CEO, give us a BREAKFAST menu! mdb1 07/30/18 03:55:15 PM
#1188   CEO is going to put a positive spin mdb1 07/16/18 12:24:44 PM
#1187   Common CEO, where is the breakfast menu/update for CMG. mdb1 07/11/18 01:32:16 PM
#1186   Was it too much to ask for BREAKFAST mdb1 06/30/18 02:07:36 PM
#1185   $430s/$440s are reasonable given the disappointment of no mdb1 06/29/18 01:33:10 PM
#1184   warning! warning! the employees sharpen the giveit2me 06/29/18 09:02:23 AM
#1183   Way over-reaction. CEO will make the moves mdb1 06/28/18 01:22:52 PM
#1182   Why couldn't CEO just have said, we are mdb1 06/28/18 11:32:48 AM
#1181   Now down OVER $41. Outrageous. mdb1 06/28/18 11:07:51 AM
#1180   who cares all I see is what should Nebuchadnezzar 06/28/18 10:11:20 AM
#1179   I think a bit of an overreaction. Down mdb1 06/28/18 10:11:05 AM
#1178   CMG doing so well they have to close Nebuchadnezzar 06/28/18 09:17:14 AM
#1177   CEO putting efforts into move of HQ to mdb1 06/28/18 08:52:27 AM
#1176   CMG closing stores and it still warrants this Nebuchadnezzar 06/27/18 05:47:42 PM
#1175   So much for thinking support at $365. mdb1 06/25/18 01:21:33 PM
#1174   I agree with you about the valuation, but mdb1 06/18/18 01:22:36 PM
#1173   I disagree with valuation, this stock DOES NOT Nebuchadnezzar 06/18/18 12:01:19 PM
#1172   CMG PE of 68, forward PE of 39. Nebuchadnezzar 06/14/18 11:06:13 AM
#1171   Neb, i think when they announce the first mdb1 05/02/18 06:03:42 PM
#1170   Wonder how tasty it's going to be when Nebuchadnezzar 05/01/18 03:22:40 PM
#1169   Figure CMG will settle in $411s to $425s mdb1 04/30/18 01:13:31 PM
#1168   i was wrong. I still think the market Nebuchadnezzar 04/27/18 08:01:20 PM
#1167   CMG is behaving like the CMG of old mdb1 04/27/18 11:14:08 AM
#1166   Chipotle Earnings & Stock Outlook: CMG Looks Tasty Again Pro-Life 04/26/18 03:34:39 PM
#1165   I highly doubt it will break $400 - Pro-Life 04/26/18 03:32:43 PM
#1164   Appears CMG could hit $500s this year (2018). mdb1 04/26/18 10:57:10 AM
#1163   sure with these algos anything is possible. I Nebuchadnezzar 04/26/18 10:54:48 AM
#1162   CMG ok to 590 Triple nickle 04/26/18 10:11:14 AM
#1161   Could a short squeeze happen in the short mdb1 04/26/18 07:26:32 AM
#1160   not that impressive given their comps from last Nebuchadnezzar 04/25/18 06:54:04 PM
#1159   Maybe if they mention "breakfast", it could jump mdb1 04/25/18 05:14:31 PM
#1158   CMG DJ Chipotle Shares Surge More Than 10% As The Rainmaker 04/25/18 04:46:35 PM