Chipotle Mexican Grill CEO Brian Niccol's 2019 pay falls 52% to $16M
Chipotle Mexican Grill reports 2019 executive compensation
By ExecPay News
Published: April 7, 2020
Chipotle Mexican Grill reported fiscal year 2019 executive compensation information on April 7, 2020.
In 2019, five executives at Chipotle Mexican Grill received on average a compensation package of $7.8M, a 29% decrease compared to previous year.
Average pay of disclosed executives at Chipotle Mexican Grill
Brian Niccol, Chief Executive Officer, received $16M in total, which decreased by 52% compared to 2018. 35% of Niccol's compensation, or $5.7M, was in stock awards. Niccol also received $3.9M in non-equity incentive plan, $2.7M in option awards, $1.2M in salary, as well as $2.6M in other compensation.
For fiscal year 2019, the median employee pay was $14,155 at Chipotle Mexican Grill. Therefore, the ratio of Brian Niccol's pay to the median employee pay was 1,135 to one.
JACK HARTUNG, Chief Financial Officer, received a compensation package of $7.5M, which increased by 51% compared to previous year. 37% of the compensation package, or $2.8M, was in stock awards.
Curt Garner, Chief Technology Officer, earned $5.8M in 2019, a 28% decrease compared to previous year.
Scott Boatwright, Chief Restaurant Officer, received $4.8M in 2019, which decreases by 16% compared to 2018.
Chris Brandt, Chief Marketing Officer, earned $4.6M in 2019, a 8% decrease compared to previous year.
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Source: SEC filing on April 7, 2020.