Alexander KarpAlexander Karp earned $1B in 2024

In 2016, Steve Ells earned $1.66M in total compensation at Chipotle Mexican Grill, primarily from $1.54M salary. Most recently acquired 48,904 shares in Feb 2020. Currently holds stock worth $16.06M. Has donated $192.39M in stock to charitable causes. Led Chipotle Mexican Grill as CEO for 10 years.

Compensation History

Annual executive compensation data for Steve Ells, including salary, bonuses, and stock awards.

Year

2016

Total Compensation

$1.66M

Salary

$1.54M

Bonus

$0.00

Other

$120.36K

Salary

$1.54M

Board Justification

The compensation philosophy emphasizes performance and accountability, aligning executive compensation with shareholder interests and rewarding achievement of strategic goals.

Bonus

$0.00

Board Justification

Due to underperformance against the AIP performance metrics in 2016, no AIP bonuses were awarded to executive officers, including the CEO.

Other Compensation

$120.36K

Board Justification

Includes matching contributions to retirement plans and other benefits.

Restricted Stock

$0.000 Performance Shares

Board Justification

No stock awards vested in 2016 as the performance metrics were not met, resulting in zero realizable value for the performance share awards.

Performance Metrics

Performance metrics for 2016 included company performance factors, team performance factors, and individual performance factors, with a final company performance factor of 0% due to significant underperformance.

C

Steve Ells

Founder and Ex-CEO of Chipotle Mexican Grill

Education

Bachelor of Arts in English from the University of Colorado Boulder

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

September 15, 1963 - 62 years ago

CEO of Chipotle Mexican Grill for

10 years 11 months (Jan 2006 - Dec 2016)

Previous Experience

Founder, Chairman and Co-Chief Executive Officer of Chipotle Mexican Grill, Inc.

Holdings

Track Steve Ells's stock holdings and portfolio value over time.

Total Stock Sold

$312.63M

CMG

$312.63M

30,970,000 CMG shares

What if they kept their stock?

If Steve Ells didn't sell their stock, today they would have:
Extra CMG30,970,000 shares worth $1.06B.
This is 238.3% and $745.00M more than what they got when they sold the stock.

Charitable Transactions

CMG

5,633,700 shares

CMG

Recent Charitable Transactions

CMG

112,674 shares

CMG

Jul 25, 2013

Charity

Insider Trading

Steve Ells's recent stock transactions, purchases, and sales filed with the SEC.

CMG

48,904 shares

CMG

Feb 26, 2020

Received

CMG

$22.38M

CMG at $794.29/share

Aug 1, 2019

Sale

CMG

$21.97M

CMG at $803.32/share

Jul 29, 2019

Sale

CMG

11,537 shares

CMG

Mar 15, 2018

Received

CMG

$9.25M

CMG at $440.65/share

May 31, 2016

Sale

CMG

$7.02M

CMG at $695.91/share

Jul 22, 2015

Sale

CMG

$18.53M

CMG at $629.77/share

May 21, 2015

Sale

CMG

$372.42K

CMG at $633.36/share

May 21, 2015

Sale

CMG

$1.03M

CMG at $635.40/share

May 18, 2015

Sale

Rivals

Compare Steve Ells with competitor CEOs and industry peers.