Brian Niccol Net Worth (2024)

FAQs

How much does the CEO of Chipotle make? ›

At Chipotle, Niccol collected a $1.3 million base salary last year, with a total compensation of $22.5 million. Stock awards and options accounted for the bulk of his earnings, but he also took home a cash bonus of $5.2 million.

The estimated net worth of Brian R Niccol is at least $65 Million dollars as of 2024-09-03. Brian R Niccol is the Chairman, CEO of Chipotle Mexican Grill Inc and owns about 1,133,450 shares of Chipotle Mexican Grill Inc (CMG) stock worth over $64 Million.

The new CEO, Brian Niccol, previously of Chipotle – and Pizza Hut and Taco Bell before that – brings with him a background in fast food, not premium coffee. This change at the top signals a potential rebranding of Starbucks from a high-end coffee destination to something more akin to a “fast coffee” chain.

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Chipotle Mexican Grill is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc.

In the three months ended June 30, Chipotle said revenue increased 18% year-over-year to $3 billion, driven by new restaurant openings, a nearly 9% jump in restaurant traffic, and an 11% rise in comparable-restaurant sales. Its earnings per share (EPS) were up 36% from the year-ago period to 34 cents.

According to the latest TipRanks data, approximately 40.44% of Chipotle (CMG) stock is held by institutional investors. According to the latest TipRanks data, approximately 46.64% of Chipotle (CMG) stock is held by retail investors. Vanguard owns the most shares of Chipotle (CMG).

While the Golden Arches initially took only a minority stake, by the time Chipotle went public in 2006, McDonald's owned more than 90% of the company. McDonald's no longer owns any shares of Chipotle (something it must also now regret), but the impact on Ells' ownership stake was permanent.

Chipotle Mexican Grill has a market cap or net worth of $73.29 billion as of September 4, 2024. Its market cap has increased by 43.67% in one year.

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. This figure clearly shows how well-diversified the ownership of the company is.

What is the net worth of the owner of Starbucks? ›

Schultz was named the 209th-richest person in the U.S. by Forbes with a net worth of $4.3 billion (October 2020). Schultz started the Schultz Family Foundation to help military veterans and fight youth unemployment.

Brian Niccol will join Starbucks on September 9, 2024. Mellody Hobson will be lead independent director. Laxman Narasimhan is stepping down as ceo and as a director effective immediately. Rachel Ruggeri will serve as interim ceo.

Before joining Chipotle, Mr. Niccol spent three years as chief executive of Taco Bell, part of the fast food giant Yum! Brands. There, he introduced new menu items, sold off stores to franchisees and focused on digital efforts like mobile ordering, an approach he later carried over to Chipotle.

Chipotle CEO Brian Niccol, wife Jennifer, provide $2 million gift for Miami RedHawks basketball.

Brian R Niccol has an estimated net worth of $339 Million. This is based on reported shares across multiple companies, which include CHIPOTLE MEXICAN GRILL INC, YUM BRANDS INC, HARLEY-DAVIDSON, INC., and KB HOME.

Chipotle locations have an average gross sales of $3,000,000. Based off of the average gross sales and an average restaurant operating margin of 25%, we can estimate an average Chipotle location makes $750,000 in estimated earnings (EBITDA) per year.

Niccol, who has been leading Chipotle since 2018, will be paid a base salary of $1.6 million and a cash signing bonus of $10 million, according to Starbucks' 8K filing Wednesday night. The bonus takes care of all the cash and stock vesting opportunities that Niccol, age 50, will be missing out on at Chipotle.

Niccol's annual salary will be $1.6m and he has the opportunity to earn up to $23m worth of share-based bonuses each year, as well as a cash bonus worth nearly $3.6m depending on the company's performance. The contract, if paid out in full, would bring Niccol's pay to $113.2m.

Career Mobility at Chipotle

Crew members at Chipotle can advance to a Restaurateur in as little as three and a half years, with a total potential compensation package of approximately $100,000 while leading a multi-million-dollar business.