Chipotle CEOs Took Hefty Pay Cuts in Wake of Food Safety Disasters
Don’t feel too bad — they still earned nearly $14 million each last year
As Chipotle tries to rebound from a months-long public health disaster, its stock — and its CEOs — are feeling the effects. Co-CEOs Steve Ells and Marty Moran had their 2015 salaries chopped nearly in half in conjunction with the fourth quarter plummet in Chipotle’s sales, according to the Wall Street Journal.
Chipotle’s stock has fallen 23 percent in the last year amid a series of food safety scares involving E. coli and norovirus (the latter of which reared its ugly head again just last week). Ells took home $13.8 million in…