Chipotle Mexican Grill's Stock Falls 37% After Surprise CEO Change in 2024

Chipotle Mexican Grill's stock has declined 37% since a surprise CEO change in August 2024, with the drop attributed more to macroeconomic trends than the new leadership. The stock had previously surged 244% over five years before the leadership change. Investors are advised not to blame the new CEO, Scott Boatwright, for the decline.

By Neil Patel · Motley Fool · April 24, 2026, 07:05 UTC

Tickers: $CMG

Topics: CEO change Chipotle Mexican Grill restaurant industry stock performance

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