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Chipotle Mexican Grill | 8-K: Current report

SEC ·  Jul 10, 2024 04:21

Summary by Moomoo AI

Chipotle Mexican Grill announced that CFO Jack Hartung will retire on March 31, 2025, after nearly 25 years with the company. Adam Rymer, a 15-year Chipotle veteran, will succeed Hartung as CFO starting January 1, 2025. Rymer, currently VP of Finance, will join the executive leadership team and report to CEO Brian Niccol.Hartung will continue in his current role through 2024 and assist with the transition until his retirement. Jamie McConnell, currently VP and Controller, will become Chief Accounting and Administrative Officer on January 1, 2025, reporting to Rymer. Both Rymer and McConnell have been mentored by Hartung during their tenure at Chipotle.CEO Brian Niccol praised Hartung's contributions and expressed confidence in Rymer's ability to lead as CFO. Hartung, who joined when Chipotle had less than 200 restaurants, now leaves the company with over 3,500 locations and a strong growth trajectory.
Chipotle Mexican Grill announced that CFO Jack Hartung will retire on March 31, 2025, after nearly 25 years with the company. Adam Rymer, a 15-year Chipotle veteran, will succeed Hartung as CFO starting January 1, 2025. Rymer, currently VP of Finance, will join the executive leadership team and report to CEO Brian Niccol.Hartung will continue in his current role through 2024 and assist with the transition until his retirement. Jamie McConnell, currently VP and Controller, will become Chief Accounting and Administrative Officer on January 1, 2025, reporting to Rymer. Both Rymer and McConnell have been mentored by Hartung during their tenure at Chipotle.CEO Brian Niccol praised Hartung's contributions and expressed confidence in Rymer's ability to lead as CFO. Hartung, who joined when Chipotle had less than 200 restaurants, now leaves the company with over 3,500 locations and a strong growth trajectory.
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