In the Margins

Chipotle board to be reconfigured (again)

March 17, 2017

By The Wall Street Journal

Chipotle Mexican Grill said Friday that four of its directors won’t seek re-election this year, just months after it struck a deal with activist William Ackman's Pershing Square Capital Management LP to change the board's makeup. At the end of last year, Chipotle reached a settlement to give Pershing two seats and announced the appointment of two additional independent directors. Read the original story from The Wall Street Journal.