Description: The company shaved the total 2015 compensation of both Steve Ells and Monty Moran by roughly half: Ells brought in $13.8 million and Moran $13.6 million.

Source: CNNMoney.com

Date: Mar 11, 2016

Link: http://money.cnn.com/2016/03/11/news/companies/chipotle-ceo-pay-cut/index.html?iid=hp-stack-dom

Questions for Discussions:

• Are you surprised at the executive compensation levels at Chipotle?
• What do you think of the change in executive compensation?
• How do you think executive compensation at Chipotle affects their motivation and performance?