In light of this month’s leadership change, Chipotle Mexican Grill’s Adam Rymer will step into his new role as chief financial officer three months earlier than planned on Oct. 1.
On Aug. 13, Chipotle (NYSE: CMG) Chief Executive Brian Niccol announced that he would be moving to Starbucks as its new CEO. Chief Operating Officer Scott Boatwright was appointed as interim CEO with the restaurant chain’s longtime CFO Jack Hartung, who was set to retire at the end of 2024, agreeing to stay on to support.
With Rymer taking over sooner, Hartung will serve indefinitely as president and chief strategy officer beginning in October. Jamie McConnell will assume the role of chief accounting and administrative officer at the same time, reporting to the new CFO.
Rymer has worked at Newport Beach-based Chipotle for the past 15 years.
“There’s tremendous growth opportunity ahead for Chipotle, and I look forward to delivering on our strategic priorities and driving value for our guests, our employees and our shareholders,” he said in a statement.
Chipotle counts more than 120,000 employees across its operations and 3,500 locations. The company, currently valued at $76 billion, is Orange County’s largest restaurant chain by sales, according to Business Journal research.
