Chipotle and Its All-white Board Targeted by Activist Investor Group

An activist investor group is targeting Chipotle Mexican Grill Inc, saying its board “exhibits a shocking dearth of racial and gender diversity.”¬†CtW Investment Group, which holds 55,000 of the Denver restaurant chain’s outstanding 29.6 million outstanding shares, said in a letter Wednesday that Chipotle needs “genuinely independent oversight now more than ever. “

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