I’ve heard this question over and over. “Isn’t Chipotle owned by McDonald’s?” The answer is no. They were owned by McDonald’s for a few years, but have not been for about 7 years. Chipotle is its own publicly traded company. Their stock ticker symbol is CMG. I actually own some shares myself – and wow has that been a great investment.
The funniest part to me is that Chipotle’s main national competitor, Qdoba, actually is owned by Jack in the Box.
I even saw hints at one point that both Chipotle and Qdoba were owned by the same company. Also untrue.
This McMyth of still being owned by McDonald’s has been a hard one for Chipotle to refute – probably in part because they keep trying to refute it.
It is also an interesting example of the cost of a company touting its socially responsible nature. If you claim you are better than others, people try their best to find a way to brand you as a liar and hypocrite – rather than celebrate your decision to do good while making lots of money.
So, to reiterate, Chipotle is NOT owned by McDonald’s anymore.