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Chipotle Mexican Grill logoChipotle Mexican Grill CMG

Chipotle said Jack Hartung notified it on July 8, 2024 of his decision to retire effective March 31, 2025. He currently serves as Chief Financial and Administrative Officer and has served as Chief Financial Officer since 2002.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Chipotle said Jack Hartung notified it on July 8, 2024 of his decision to retire effective March 31, 2025. He currently serves as Chief Financial and Administrative Officer and has served as Chief Financial Officer since 2002.

  2. The company said Adam Rymer, a 15-year Chipotle veteran aged 42, will become Chief Financial Officer beginning January 1, 2025. He joined Chipotle in 2009 and currently serves as Vice President of Finance, overseeing Corporate Finance, Field Finance and Investor Relations.

  3. Chipotle said Jamie McConnell, aged 45, will become Chief Accounting and Administrative Officer beginning January 1, 2025, reporting to Adam Rymer. She joined Chipotle in 2018 and currently serves as Vice President, Controller.

  4. The company said Jack Hartung will remain in his current position through the end of the year and stay with Chipotle until March 31, 2025 to help ensure a smooth transition. It also said no adjustments will be made to the compensation of Adam Rymer or Jamie McConnell at this time.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Jack Hartung Retirement Announced

Chipotle said Jack Hartung notified it on July 8, 2024 of his decision to retire effective March 31, 2025. He currently serves as Chief Financial and Administrative Officer and has served as Chief Financial Officer since 2002.

Source · Based on the filing body and exhibits

Adam Rymer Named Chief Financial Officer

The company said Adam Rymer, a 15-year Chipotle veteran aged 42, will become Chief Financial Officer beginning January 1, 2025. He joined Chipotle in 2009 and currently serves as Vice President of Finance, overseeing Corporate Finance, Field Finance and Investor Relations.

Source · Based on the filing body and exhibits

Jamie McConnell Named Chief Accounting and Administrative Officer

Chipotle said Jamie McConnell, aged 45, will become Chief Accounting and Administrative Officer beginning January 1, 2025, reporting to Adam Rymer. She joined Chipotle in 2018 and currently serves as Vice President, Controller.

Source · Based on the filing body and exhibits

Transition Timing and Compensation Adjustments

The company said Jack Hartung will remain in his current position through the end of the year and stay with Chipotle until March 31, 2025 to help ensure a smooth transition. It also said no adjustments will be made to the compensation of Adam Rymer or Jamie McConnell at this time.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.