Chipotle’s Co-CEO Steps Down as Ells Takes Charge

December 13, 2016

Chipotle Mexican Grill
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Chipotle has more than 2,200 locations in five countries.
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Chipotle Mexican Grill announced that its board of directors has named company founder Steve Ells the company’s sole chief executive officer. Ells will also remain chairman of Chipotle’s board. Monty Moran has stepped down from the co-CEO role and from his board seat effective immediately, and will retire from Chipotle in 2017.