this post was submitted on 19 Dec 2024
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There is no way he's providing a value-add worth that compensation. Fucking absurd.
I was at Chipotle when he was named CEO. Dude came in, coasted off the existing programs we had in place, and tried his best to figured out a way to get something like Doritos Locos Tacos (which they implemented when he was the CEO of Taco Bell).
Ultimately, he contributed nothing expect closing the Denver Corporate Headquarters, laying off hundreds of employees in the process, and moving it to Newport Beach so he didn't have to commute from his beach home.
Edit: Forgot to add that he made tens of millions of dollars in the process.
PE/OpEx/OEE doesn't exist above the bottom floor otherwise it would be massively obvious where to actually save money.