Chipotle Mexican Grill CEO Brian Niccol receives $34M in 2018
Chipotle Mexican Grill reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Chipotle Mexican Grill reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, six executives at Chipotle Mexican Grill received on average a compensation package of $11M, a 109% increase compared to previous year.
Brian Niccol, Chief Executive Officer, received $34M in total. 47% of Niccol's compensation, or $16M, was in option awards. Niccol also received $1M in bonus, $2.4M in non-equity incentive plan, $969K in salary, $13M in stock awards, as well as $837K in other compensation.
For fiscal year 2018, the median employee pay was $13,779 at Chipotle Mexican Grill. Therefore, the ratio of Brian Niccol's pay to the median employee pay was 2,433 to one.
Curt Garner, Chief Technology Officer, received a compensation package of $8.1M, which increased by 108% compared to previous year. 38% of the compensation package, or $3.1M, was in stock awards.
STEVE ELLS, Chief Executive Officer, earned $8M in 2018, a 28% decrease compared to previous year.
Scott Boatwright, Chief Restaurant Officer, received $5.7M in 2018, which increases by 233% compared to 2017.
Chris Brandt, Chief Marketing Officer, earned $5M in 2018.
JACK HARTUNG, Chief Financial Officer, received $5M in 2018, which decreases by 4% compared to 2017.
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