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

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...