Summary by Moomoo AI
Chipotle Mexican Grill announced on November 11, 2024, the appointment of Scott Boatwright as Chief Executive Officer and member of the Board of Directors, effective immediately. Boatwright, who has served as Interim CEO since August 2024, previously held the position of Chief Operating Officer since joining the company in 2017, overseeing operations for over 3,600 restaurants and 125,000 employees.During his tenure, Boatwright has significantly improved guest experience, led technology integration initiatives, and achieved industry-leading retention rates. His appointment follows a thorough external search process, with the board expressing strong confidence in his leadership capabilities and the company's succession planning.Prior to Chipotle, Boatwright spent 18 years at Arby's Restaurant Group, lastly as Senior Vice President of Operations managing over 1,700 restaurants. He currently serves on the board of Academy Sports and Outdoors and holds an MBA from Georgia State University's J. Mack Robinson College of Business.