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‘Criteria too vague’: Critics hit out at top bosses earning bonuses for hitting ESG targets
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fnlondon.comBrian Niccol earned $17.2 million as CEO of Chipotle Mexican Grill last year, but some of his pay had nothing to do with burrito sales.
Niccol earned a $2.1 million bonus partly because Chipotle met some of its goals in environmental, social, and governance (ESG) areas, including sourcing local produce and advancing a diverse workforce. A spokesperson for Chipotle said the compensation plan “sets the right example” for the company’s more than 100,000 employees.
Chipotle...
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