As of 2023, Brian Niccol holds a significant portion of his wealth in Chipotle stock. His equity awards include 30,141 shares of Restricted Stock Units (RSUs), which were granted when he became CEO. These stocks vest over three years and...
As of 2023, Brian Niccol holds a significant portion of his wealth in Chipotle stock. His equity awards include 30,141 shares of Restricted Stock Units (RSUs), which were granted when he became CEO. These stocks vest over three years and align his financial interests with those of the company. Notably, Niccol received performance shares that depend on hitting specific targets for sales and cash flow margins, reflecting the company’s strategy of linking compensation to results. As the stock price fluctuated, his holdings became more valuable, highlighting the interconnectedness of executive pay and company performance. Notably, Niccol's equity stakes started at a significant value, reinforcing his commitment to the long-term success of Chipotle. In previous years, he has executed substantial stock options and RSUs, marking his confidence in the company's future.