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People: Chipotle Mexican Grill Inc (CMG.N)

CMG.N on New York Stock Exchange

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Ells, Steve 

Mr. Steve Ells serves as Chairman of the Board, Chief Executive Officer of the Company. He was Co-Chief Executive Officer of Chipotle Mexican Grill Inc. Prior to launching Chipotle, Mr. Ells founded Chipotle in 1993. He is Co-Chief Executive Officer and was appointed Chairman of the Board in 2005. 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 Chipotle to extraordinary accomplishments, such as growing from a single restaurant to over 2,000 and serving more responsibly-raised meat than any other restaurant company. This thinking has also resulted in Mr. Ells remaining a principal driving force behind making our company innovative and striving for constant improvement, and he continues to provide important leadership to our executive officers, management team, and Board. He is also one of the largest individual shareholders of our 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.

Basic Compensation

Total Annual Compensation, USD 1,526,000
Restricted Stock Awards, USD 12,030,000
Long-Term Incentive Plans, USD --
All Other, USD 281,858
Fiscal Year Total, USD 13,837,900

Options Compensation

  Quantity Market Value
Exercisable 20,000 90,600.00
Unexercisable 49,833 49,914.00
Exercised 150,000 46,594,700.00