Brian Niccol Net Worth (2024)

FAQs

How many shares of Chipotle does Brian Niccol own? ›

The estimated net worth of Brian R Niccol is at least $65 Million dollars as of 2024-09-03. Brian R Niccol is the Chairman, CEO of Chipotle Mexican Grill Inc and owns about 1,133,450 shares of Chipotle Mexican Grill Inc (CMG) stock worth over $64 Million.

At Chipotle, Niccol collected a $1.3 million base salary last year, with a total compensation of $22.5 million. Stock awards and options accounted for the bulk of his earnings, but he also took home a cash bonus of $5.2 million.

Niccol has an undergraduate degree from Miami University and an MBA from the University of Chicago Booth School of Business. He serves as a director of Harley-Davidson, Inc. of Chipotle Mexican Grill.

Niccol currently serves as Chairman and CEO of Chipotle. Since becoming CEO in 2018, Niccol has transformed Chipotle. His focus on people and culture, brand, menu innovation, operational excellence, and digital transformation have set new standards in the industry and driven significant growth and value creation.

According to the latest TipRanks data, approximately 42.11% of Chipotle (CMG) stock is held by retail investors. Who owns the most shares of Chipotle (CMG)? Vanguard owns the most shares of Chipotle (CMG).

While the Golden Arches initially took only a minority stake, by the time Chipotle went public in 2006, McDonald's owned more than 90% of the company. McDonald's no longer owns any shares of Chipotle (something it must also now regret), but the impact on Ells' ownership stake was permanent.

In the three months ended June 30, Chipotle said revenue increased 18% year-over-year to $3 billion, driven by new restaurant openings, a nearly 9% jump in restaurant traffic, and an 11% rise in comparable-restaurant sales. Its earnings per share (EPS) were up 36% from the year-ago period to 34 cents.

Topping the fast-food CEO pay (and stock performance) charts is Chipotle Mexican Grill's Brian Niccol. Niccol's pay package hit $33.5 million last fiscal year, or $17,458 an hour. Niccol, named CEO in March 2018, was paid 2,400 times more than the median $13,779 Chipotle worker.

Niccol's annual base salary will be $1.6 million. He'll also have an annual cash incentive opportunity at a target of 225% of his base salary and a maximum of 450% of base salary.

Who owns the first Chipotle? ›

Chipotle Mexican Grill, Inc. Newport Beach, California, U.S. Chipotle was one of the first chains of fast casual dining establishments. Founded by Steve Ells on July 13, 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998.

Chipotle Mexican Grill is a publicly traded company, meaning its shareholders own it. The largest shareholders of Chipotle are investment companies, including The Vanguard Group, BlackRock, and State Street Corporation.

Before joining Chipotle, Mr. Niccol spent three years as chief executive of Taco Bell, part of the fast food giant Yum! Brands. There, he introduced new menu items, sold off stores to franchisees and focused on digital efforts like mobile ordering, an approach he later carried over to Chipotle.

Under a new CEO, Brian Niccol, the company relocated its headquarters and 400 jobs from Denver to Newport Beach, Calif., where Niccol already lived. At the time, the company cited opportunities for “growth.” Since then, Chipotle's revenue has grown, with plans to open some 300 eateries this year.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Price T Rowe Associates Inc /md/, Jpmorgan Chase & Co, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Capital World Investors, Susquehanna International Group, Llp, Fmr Llc, and VFINX - Vanguard 500 Index Fund Investor ...

Number of shares outstanding as of September 2024 : 1,372,800,000. According to Chipotle Mexican Grill's latest financial reports and stock price the company's current number of shares outstanding is 1,372,800,000. At the end of 2024 the company had 1,372,800,000 shares outstanding.

Historical daily share price chart and data for Chipotle Mexican Grill since 2006 adjusted for splits and dividends. The latest closing stock price for Chipotle Mexican Grill as of August 30, 2024 is 56.08. The all-time high Chipotle Mexican Grill stock closing price was 68.55 on June 18, 2024.

The estimated net worth of Steve Ells is at least $552 Million dollars as of 2024-09-06. Steve Ells is the Executive Chairman of Chipotle Mexican Grill Inc and owns about 10,416,950 shares of Chipotle Mexican Grill Inc (CMG) stock worth over $552 Million.