This Issue Is Too Big for Chipotle to Wrap in a Tortilla

Kudos to Chipotle (CMG) for finally showing a desire to change in recent months. But founder and CEO Steve Ells may want to refrain from slapping himself on the back.

On Friday, the embattled burrito joint disclosed that four of its directors -- three of whom were ridiculously over-tenured -- would not stand for re-election. Of course, Chipotle didn't say this in the SEC filing, but the decision likely comes amid pressure from activist investor and Chipotle shareholder Bill Ackman. That's something they deny, however. ...584 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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