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Ells opened a Chipotle themed taco store in Denver, Colorado near the University of Denver campus using $85,000 borrowed from his family and friends. [1] [9] [10] Ells served as CEO of the chain from 1993 until 2009, when he split co-CEO duties with Monty Moran. [11] Ells returned as sole CEO on December 12, 2016, upon Moran's retirement. [11]
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In 2018, Niccol became the CEO of Chipotle Mexican Grill, replacing founder Steve Ells. [31] [32] Although Niccol had moved west to Newport Beach, California to join Taco Bell, he did not move back east to Denver when he joined Chipotle. Rather, under his leadership, Chipotle moved its headquarters from Denver to Newport Beach. [33]
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Since founding Chipotle in 1993, Ells has held or shared the CEO role until two years ago. The company's stock, which took a big hit when two major illness outbreaks were reported, has recovered ...
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Chipotle debuted on the Fortune 500, at No. 464, in 2021, when most of the restaurant industry was in pandemic-era freefall. Today, it’s in spot 438. Today, it’s in spot 438. In 2023, Niccol ...
Good morning. Just last month, Chipotle Mexican Grill, Inc. announced that its longtime CFO Jack Hartung would retire in March 2025.But the departure of its CEO is changing that plan. In a Tuesday ...