Chipotle Interviews for New Board Member Amid Investor Scrutiny
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Chipotle Mexican Grill Inc. is looking for another director to round out its nine-person board, responding to investors’ criticism that its insular board is hindering the burrito chain’s turnaround.
“We are interviewing for a new board member now and considering additional board changes to meet longer-term needs,” Chris Arnold, a company spokesman, said in an e-mail. The company also is adding proxy-access provisions recommended by shareholders at its annual meeting -- a move that will make it easier for investors to suggest proposals.