Chipotle names four new board directors

December 16, 2016

Chipotle Mexican Grill Inc. on Friday named four new board members in an agreement with Pershing Square Capital Management that gives the activist investor and its CEO, Bill Ackman, substantial influence over the future of the company.

The company named Paul Cappuccio, general counsel at Time Warner, Robin Hickenlooper, senior vice president of corporate development at Liberty Global, Ali Namvar, partner with Persing Square, and Matthew Paull, former CFO at McDonald’s Corp.

The new directors will make up one third of the 12-person board.

“Chipotle has enjoyed extraordinary success for most of our 23-year history, and it is important to