The CEOs Of Chipotle Earned A Burrito-Full of Money Last Year

By on March 16, 2015 in ArticlesHow Much Does

I don't know about you, but I LOVE Chipotle. Sure, there are probably a thousand better "traditional" burrito places in Los Angeles, but at least once a week I get a craving for Chipotle. It should also be mentioned that their chips are physically addictive. That might have something to do with my weekly cravings. But no matter how much I love Chipotle, I'll never love it as much as company co-CEOs Steve Ells and Monty Moran. Not only do those guys get unlimited free food, they also get paid A TON of money.

According to a filing posted by the company last Friday, Mr. Ells and Mr. Moran earned $28.9 million and $28.2 million, respectively, last year. Ells also took home $41.6 million last year through exercising stock options.

In 2013, they each took home around $23 million.

Ells and Moran probably deserve the salary. In 2014, the company's stock price increased 30%. Today, the company has a market cap of $21 billion.

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Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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