- Former CFO Jack Hartung to
remain with the organization indefinitely as President and Chief
Strategy Officer, beginning October 1,
2024
- 15-year Chipotle veteran, Rymer, and 6-year veteran, McConnell,
will assume their new roles, beginning October 1, 2024
NEWPORT
BEACH, Calif., Aug. 28,
2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:
CMG) today announced that it has accelerated the appointment of
Adam Rymer to Chief Financial
Officer, beginning October 1, 2024.
Rymer will serve on Chipotle's executive leadership team and report
to Scott Boatwright, Interim Chief
Executive Officer. Former Chief Financial and Administrative
Officer, Jack Hartung, will serve in
his new role indefinitely as President and Chief Strategy Officer
beginning October 1, 2024, supporting
the company's Interim CEO.
A 15-year Chipotle veteran, Rymer previously served as Vice
President of Finance, overseeing Corporate Finance, Field Finance
and Investor Relations functions. Jamie
McConnell, who has been with the organization since 2018,
will assume the role of Chief Accounting and Administrative
Officer, reporting to Rymer and transitioning roles on the same
date. McConnell previously served as Vice President, Controller,
with responsibility for the Corporate Accounting, Financial
Reporting, Tax, Internal Audit, Accounting Shared Services,
Licensing and Payroll functions.
Rymer stated, "There's tremendous growth opportunity ahead for
Chipotle, and I look forward to delivering on our strategic
priorities and driving value for our guests, our employees and our
shareholders. For well over a decade, I've had the privilege of
supporting one of the leading and longest tenured CFOs in the
business, and I am grateful for the deep institutional knowledge
that was bestowed upon me, Jamie, and the entire finance
organization, as we continue executing on our mission to Cultivate
a Better World."
In addition to accelerating these executive appointments,
Chipotle's Board of Directors has put retention plans in place for
its entire executive leadership team to ensure continuity through
this transitional time. With the exception of one officer hired in
2023 and Jack Hartung's two and half
decades with the company, Chipotle's bench of esteemed Executive
Officers have an average tenure of approximately seven years with
the organization.
ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE:
CMG) is cultivating a better world by serving responsibly sourced,
classically-cooked, real food with wholesome ingredients without
artificial colors, flavors or preservatives. There are over 3,500
restaurants as of June 30, 2024, in
the United States, Canada, the United
Kingdom, France,
Germany, and Kuwait and it is the only restaurant company
of its size that owns and operates all its restaurants in
North America and Europe. Chipotle is ranked on the Fortune 500
and is recognized on Fortune's Most Admired Companies 2024 list and
Time Magazine's Most Influential Companies. With over 120,000
employees passionate about providing a great guest experience,
Chipotle is a longtime leader and innovator in the food industry.
Chipotle is committed to making its food more accessible to
everyone while continuing to be a brand with a demonstrated purpose
as it leads the way in digital, technology and sustainable business
practices. For more information or to place an order online, visit
WWW.CHIPOTLE.COM.
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SOURCE Chipotle Mexican Grill