Good morning. Chipotle Mexican Grill’s board of directors officially appointed Scott Boatwright as chief executive officer on Monday. Boatwright had been serving in an interim role following the abrupt departure of former CEO Brian Niccol, who left in August to take the top job at Starbucks. As he makes plans for Chipotle's next steps, Boatwright is likely to look to CFO Adam Rymer, who was recently promoted to the C-suite, as a strategic partner.
Boatwright, who was selected after “a robust and thorough process,” was previously chief operating officer and chief restaurant officer at Chipotle, a fast-casual restaurant chain, which he joined from Arby’s in 2017.
