Brian Niccol Net Worth (2024)

FAQs

How much did the CEO of Chipotle make? ›

Chipotle Mexican Grill CEO Brian Niccol took home $38 million in 2020 — up from $33.5 million in 2019 — with a base salary of $1.24 million up from $1.20 million in 2019, according to the Newport Beach, Calif. -based company's proxy statement released on Monday.

Steve Ells's Net Worth

Steve Ells has an estimated net worth of $1.67 Billion. This is based on reported shares across multiple companies, which include CHIPOTLE MEXICAN GRILL INC, and Ajax I.

New Starbucks CEO Brian Niccol is outlining a plan to bring the company back to its roots, acknowledging that the chain has lost its way.

Topping the fast-food CEO pay (and stock performance) charts is Chipotle Mexican Grill's Brian Niccol. Niccol's pay package hit $33.5 million last fiscal year, or $17,458 an hour. Niccol, named CEO in March 2018, was paid 2,400 times more than the median $13,779 Chipotle worker.

Vanguard owns the most shares of Chipotle (CMG).

In 2006, McDonald divested its stake in Chipotle, allowing the company to operate fully as an independent entity. This move allowed Chipotle to pursue its own growth trajectory and stay true to its core values. Throughout the 2000s and into the 2010s, Chipotle's popularity soared.

This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants—Chipotle, Donatos Pizza, and Boston Market—so that it could focus on the main McDonald's chain. McDonald's had invested approximately $360 million into Chipotle, and took out $1.5 billion.

Chipotle Mexican Grill annual gross profit for 2023 was $2.586B, a 25.41% increase from 2022. Chipotle Mexican Grill annual gross profit for 2022 was $2.062B, a 20.8% increase. Chipotle Mexican Grill annual gross profit for 2021 was $1.707B, a 63.97% increase from 2020.

Starbucks is owned by its shareholders, as it is a publicly-traded company. The company has more than 1,500 institutional shareholders, according to the proxy statement that Starbucks filed with the SEC on January 7, 2022.

How much is Starbucks CEO paid? ›

By the numbers: There are multiple components of the offer that helped sway Niccol, including: $1.6 million per year: This is his initial base salary, 23% more than at Chipotle last year.

Starbucks announced on Wednesday that it would offer new CEO Brian Niccol, 50, roughly $113 million in total compensation including a $10 million sign-on bonus, a $75 million equity grant, and, starting in fiscal 2025, a grant that could be worth $23 million per year.

In his new role, Niccol will be getting paid a base salary of $1.6 million annually and supercommuting from his home in Newport Beach, California to Starbucks' Seattle headquarters on a corporate jet.

Steve Ells , Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience.

Note that if Chipotle were to franchise, then a Chipotle owner's earnings would likely be $750,000, assuming that they worked in the business as a manager.

Steve Ells (born September 12, 1965) is an American businessman. He is the founder, former chief executive officer, and former executive chairman of Chipotle Mexican Grill.

Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely.

After graduating from Miami, Niccol worked his way through several brand management positions at Procter & Gamble over the next decade. He became vice president at Yum! Brands in 2005, where he held several executive positions at Pizza Hut, including chief marketing officer and general manager until 2011.