1. Chipotle Shares Rise Amid Board Uncertainty

    Chipotle Shares Rise Amid Board Uncertainty

    Shares of Chipotle ( CMG ) were higher Thursday after two union-affiliated shareholders filed a shareholder resolution Tuesday looking to take board leadership from the company's founder and chairman Steve Ells. The proposal is non-binding but looks to take power by instituting an independant chair on the board. The pressure for changes at the struggling company has been mounting after activist investor Bill Ackman revealed a 9.9% stake in the company earlier this year...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Topics Mentioned

  3. Authors