Chipotle has enjoyed extraordinary success for most of our 23-year history, and it is important to us that we structure the company to enjoy similar success in the future.
We are pleased that Chipotle has taken the important step of refreshing its board which will position the company for continued growth and long-term success. We look forward to working with the board and management to create sustained value for all shareholders for many years to come.
Chipotle's closed-off and limited governance structure is unsustainable and counterproductive, posing a direct risk to shareholders and the public at large.
