On December 17, 2024, Chipotle Mexican Grill's Compensation Committee approved the 2025 compensation package for Scott Boatwright, reflecting his promotion from Interim to permanent CEO. The package includes an annual base salary increase to $1,100,000 from $1,000,000, and an annual cash incentive target raised to 200% of base salary from 115%.Starting 2025, Boatwright will be eligible for annual equity awards with a grant date value of $13,000,000, subject to shareholder-approved equity plans. He will continue to participate in Chipotle's executive severance plans and receive benefits generally applicable to senior executive officers.The compensation package, announced on December 20, 2024, is subject to periodic review and adjustment by the Committee. This follows Boatwright's promotion to CEO, previously reported on November 11, 2024.

On December 17, 2024, Chipotle Mexican Grill's Compensation Committee approved the 2025 compensation package for Scott Boatwright, reflecting his promotion from Interim to permanent CEO. The package includes an annual base salary increase to $1,100,000 from $1,000,000, and an annual cash incentive target raised to 200% of base salary from 115%.Starting 2025, Boatwright will be eligible for annual equity awards with a grant date value of $13,000,000, subject to shareholder-approved equity plans. He will continue to participate in Chipotle's executive severance plans and receive benefits generally applicable to senior executive officers.The compensation package, announced on December 20, 2024, is subject to periodic review and adjustment by the Committee. This follows Boatwright's promotion to CEO, previously reported on November 11, 2024.