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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
Steve Ells (born September 12, 1965) [1] is an American businessman. He is the founder, former chief executive officer, and former executive chairman of Chipotle Mexican Grill.
Enter Chipotle Mexican Grill (NYSE: CMG), the Tex-Mex pioneer known for its fast service, simple menu, and consistent food. Pershing Square first bought a stake in 2016, which was a contrarian ...
This was a comparatively easy task with Chipotle. When Ackman's fund first bought its stock in 2016, Chipotle had a 10-year track record as a public company and had expanded to about 2,000 ...
Last year, Chipotle bought 36 thousand pounds of the produce from him, most of which ended up being used in the Oceanside, California area. 3. Individual stores pulled in an average of over 2 ...
He was on the board of Chipotle Mexican Grill [12] from 2013 to 2019. [13] He is the brother of Elon Musk, Tosca Musk, son of Errol and Maye Musk, and a major shareholder in Tesla. [14] In 1995 he co-founded, with his older brother, Elon Musk, the software company Zip2, which was acquired by Compaq for $307 million in 1999.
Yum! was created in 1997 as Tricon Global Restaurants, Inc. from PepsiCo's fast food division as the parent corporation of the KFC, Pizza Hut and Taco Bell restaurant companies. [13] [14] The decision was announced in January and the spin off was effected on October 6. [15]
Image source: Getty Images. To suggest that this highly personalized food preparation approach is a hit with customers is an understatement. The growth of Chipotle is clear evidence of its popularity.