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.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...