Chipotle Stock Rises as Investors Digest News That Scott Boatwright Will Be CEO
CMGChipotle Mexican Grill(CMG) Investopedia·2024-11-13 02:10

Key TakeawaysChipotle stock was recently up more than 1%, rising as broader markets retreated, as investors digested the news that Scott Boatwright was named CEO full-time. Boatwright has been interim CEO since August and with the company since 2017.The burrito business credited Boatwright with improving technology at its restaurants. Chipotle's shares rose Tuesday as investors digested the news that the fast-casual chain had formally named Scott Boatwright its CEO. Boatwright, a company veteran who was giv ...