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AI brief of an SEC Form 8-K · Chipotle Mexican Grill (CMG)

Chipotle hires Jason Kidd as COO effective May 19; Jack Hartung steps down June 1

Neutral Impact 4 of 5 leadership Written later

Chipotle named Jason Kidd, formerly Taco Bell's chief operating officer, as its chief operating officer effective May 19, 2025, overseeing its nearly 3,800 restaurants and reporting to CEO Scott Boatwright. President and Chief Strategy Officer Jack Hartung will step down as an executive officer on June 1, 2025, and remain as a senior advisor until his retirement in early March 2026. The filing reflects a senior leadership change in operations and strategy, with no financial results disclosed.

Key points

  • Jason Kidd, age 50, joins as COO effective May 19, 2025, with a $675,000 base salary and a $150,000 cash signing bonus
  • Kidd's new-hire equity awards have a combined grant date value of approximately $3,000,000
  • Jack Hartung's executive role ends June 1, 2025; his senior advisor base salary will be $200,000
  • Curt Garner adds supply chain oversight and Chris Brandt leads menu and ingredient processes

The filing

CompanyChipotle Mexican Grill (CMG)
Form8-K, current report
Filed with the SECMay 6, 2025, 7:06 PM ET
Accession number0001058090-25-000033

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.