We conducted a thorough and rigorous external search process that confirmed Scott is absolutely the best person to lead the next stage of growth at Chipotle... The board overwhelmingly believes Scott will deliver on the key strategies in place and position the company for continued success.
Boatwright's deal as permanent CEO has not been changed since the board's compensation committee gave him a boost when he was named to the interim position. That included an equity grant valued at $8 million.
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