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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 24, 2025
CHIPOTLE MEXICAN GRILL, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other
jurisdiction of
incorporation)
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1-32731
(Commission File Number)
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84-1219301
(I.R.S. Employer
Identification No.)
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610 Newport Center Drive, Suite 1100
Newport Beach, CA 92660
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (949) 524-4000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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| Common stock, par value $0.01 per share |
CMG |
New York Stock Exchange |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o On November 24, 2025, Chipotle Mexican Grill, Inc. (“Chipotle”) elected Josh Weinstein to its Board of Directors, effective November 25, 2025. The Board also appointed Mr. Weinstein to the Nominating and Corporate Governance Committee of the Board.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Josh Weinstein, age 51, has served as Chief Executive Officer and as a member of the Board of Directors of Carnival Corporation & plc, one of the world’s largest leisure travel companies, since 2022. During his over 20-year tenure with Carnival Corporation & plc, he served as its Chief Operations Officer from 2020 to 2022; President of Carnival UK from 2017 to 2020; Treasurer from 2007 to 2017; and as an attorney in the corporate legal department from 2002 to 2007. Mr. Weinstein is a graduate of the University of Pennsylvania and holds a Juris Doctorate from the New York University School of Law.
Mr. Weinstein will receive compensation in the amounts and forms paid to other non-employee members of Chipotle’s Board, as described in Chipotle’s proxy statement for its 2025 annual meeting of shareholders. There are no arrangements or understandings between Mr. Weinstein and any other person pursuant to which he was elected as director. There are no family relationships between Mr. Weinstein and any director or executive officer of Chipotle, and there are no transactions in which Mr. Weinstein has or will have a direct or indirect material interest that would be required to be reported under Item 404(a) of Regulation S‑K.
To facilitate the election of Mr. Weinstein to Chipotle’s Board of Directors, the size of the Board was expanded to ten directors, effective November 25, 2025, and Mr. Weinstein was elected to fill the resulting vacancy.
A copy of the press release issued by Chipotle on November 25, 2025 announcing this election is filed as an exhibit to this report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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| Exhibit Number |
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Exhibit Title or Description |
| 99.1 |
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| 104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Chipotle Mexican Grill, Inc. |
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| November 25, 2025 |
By: |
/s/ Roger Theodoredis |
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Name: Roger Theodoredis |
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Title: General Counsel & Chief Legal Officer |
EX-99.1
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cmg-20251125xex991.htm
EX-99.1
Document
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NEWS
Contact: Erin Wolford
(949) 524-4035
MediaRelations@chipotle.com
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CHIPOTLE NAMES JOSH WEINSTEIN TO ITS BOARD OF DIRECTORS
NEWPORT BEACH, Calif., November 25, 2025 — Chipotle Mexican Grill (NYSE:CMG) today announced a new addition to its board of directors, Josh Weinstein, effective immediately.
Josh Weinstein has served as Chief Executive Officer and as a member of the Board of Directors of Carnival Corporation & plc, one of the world’s largest leisure travel companies, since 2022. During his over 20-year tenure with Carnival Corporation & plc, he served as its Chief Operations Officer from 2020 to 2022; President of Carnival UK from 2017 to 2020; Treasurer from 2007 to 2017; and as an attorney in the corporate legal department from 2002 to 2007. Prior to joining Carnival Corporation & plc, he served as a corporate attorney.
In addition to Chipotle, Weinstein is currently on the Board of Trustees of the Perez Art Museum Miami. Over the past several years Josh has also served on the Board of Directors of Catalyst, a global nonprofit focused on advancing women in the workplace, and the Board of the Adrienne Arsht Center Trust, which supports the organization’s performing arts center in Miami-Dade County. He is a graduate of the University of Pennsylvania and holds a Juris Doctorate from the New York University School of Law.
“Chipotle is a world-class restaurant company offering an unmatched product at an unrivaled value,” stated Weinstein. “It is a privilege to contribute to a high-growth organization delivering exceptional guest experiences, and I look forward to helping Chipotle accelerate its business around the world.”
With the composition change announced today, Chipotle’s Board will now be comprised of 10 directors, 9 of whom are independent. Weinstein will serve on the Nominating and Corporate Governance committee and brings valuable hospitality experience. The board is committed to ongoing director refreshment and continues to consider new, qualified independent directors.
“I am delighted to welcome Josh to the Board of Directors of Chipotle,” said Scott Maw, Chairman. “His extensive experience in the service industry will provide valuable expertise to the business at an important time for us as we pursue our strategic priorities and continue to deliver on our mission of cultivating a better world.”
About Chipotle
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. There are over 3,900 restaurants as of September 30, 2025, in the United States, Canada, the United Kingdom, France, Germany, and the Middle East and it is the only restaurant company of its size that owns and operates all its restaurants in North America and Europe. With over 130,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit WWW.CHIPOTLE.COM.