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.

Jason Kempin/Getty Images

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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