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Chipotle Mexican Grill Inc.

Chipotle Appoints New Principal Accounting Officer

Strategic Insights

— 1 min read

Chipotle Mexican Grill, Inc. has announced the appointment of Matthew Bush as its new principal accounting officer, effective immediately. This promotion comes after Bush's successful tenure as Vice President, Controller, which he assumed on August 25, 2025. Bush has been with the company for over 10 years, serving in various financial roles, including Senior Director, Assistant Controller, Director, Assistant Controller, and other internal audit and financial reporting positions. During his time at Chipotle, Bush has consistently demonstrated exceptional leadership skills, managing top-performing teams across the company's financial reporting, internal audit, treasury, and international accounting departments.

Key Takeaways:

  • Matthew Bush, a 42-year-old accounting expert, has been appointed principal accounting officer at Chipotle Mexican Grill, Inc., effective immediately.
  • Bush has over 10 years of experience at Chipotle, serving in various financial roles, including Vice President, Controller, Senior Director, Assistant Controller, and Director, Assistant Controller.
  • Bush has successfully managed top-performing teams across Chipotle's financial reporting, internal audit, treasury, and international accounting departments.
  • There are no family relationships between Bush and any Chipotle directors or executive officers, and no material transactions that would require disclosure under Regulation SK.
  • Bush will receive an annual base salary of $340,000, with a target bonus equal to 35% of his base salary, and an incremental restricted stock unit grant with a grant date value of $400,000.
  • The restricted stock unit will vest one-third on each of the first, second, and third anniversaries of the grant date, subject to continued service and the other terms and conditions of Chipotle's restricted stock unit award agreement.

Statistics:

  • 10 years: The length of time Matthew Bush has spent at Chipotle Mexican Grill, Inc.
  • 42 years: The age of Matthew Bush, Chipotle's newly appointed principal accounting officer
  • $340,000: The annual base salary of Matthew Bush
  • 35%: The target bonus as a percentage of Matthew Bush's base salary
  • $400,000: The grant date value of the incremental restricted stock unit

Sources:

  • Edgar Online via COMTEX, September 4, 2025
  • Chipotle Mexican Grill, Inc. (NYSE: CMG)

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