TL;DR
Chipotle has named four new members to its board of directors to help the brand recover from challenges. The new members bring experience in the food industry and corporate governance.
Chipotle faced a lot of challenges this year, like contamination issues, employee dissatisfaction and an overall lack of confidence. To help the brand hit refresh, the mexican grill named four new members to its board of directors: Paul T. Cappuccio, Robin S. Hickenlooper, Ali Namvar, and Matthew Paull.
“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,” says Steve Ells, founder, chairman and CEO of Chipotle. “The addition of these new directors strengthens our board of directors, and gives us the oversight, accountability and leadership we need as we continue our efforts to reestablish Chipotle as the leader we have been for much of our history.”
In this story
This story was originally published in 1851 Franchise on December 19, 2016. Burnaze summarizes and links to the original reporting.
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