update 3-chipotle investor seeks board shakeup for more diversity - white board price

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Increase the details of shareholders, disease outbreaks, update the stock price)
On April 13, by Yashaswini swammynathan and Lisa baertel (Reuters)-
CtW Investment Group, shareholder of the Mexican barbecue company, urged investors on Wednesday not to re-elect two long-
Time board members said the chain's recent food safety crisis showed the company needed a more independent and diverse board of directors on race and gender.
This move is as fast as before.
The growing chain of burritos has struggled to win consumers and placate shareholders after a series of food
The disease that broke out last year caused sales to drop sharply, with a market value of about $6 billion.
The problem surfaced at the end of October.
Shares of Chipotle fell 1% to $440.
51. on Wednesday afternoon, CtW Executive Director Dieter Weisinger encouraged investors to refuse to vote for directors Patrick Flynn and Darlene in a letter at the annual general meeting of Chipotle on May 11 ·
"The last three quarters have been a critical moment for chipotel to demonstrate the ability to lead in the crisis.
In contrast, the response was publicly labeled as just a PR blitz --
"This is a slow, superficial and convincing question," writes Waizenegger . ".
Chipotle did not immediately respond to requests for comment.
Average term of office for all members of Chipotle
Trade union pension fund advisers say the whiteboard has been around for 17 years.
Flynn served on the company's board of directors for 18 years and Friedman for 21 years. The nine-
According to Thomson Reuters, there are seven independent directors on the board, and Friedman is the only female member.
Cwt's Waizenegger wrote: "As companies face the momentum of slowing down and potential growth challenges in the future, Chipotle now needs truly independent oversight more than ever. (bit. ly/1S6LLC9)
This is not the first time that shareholders have pressed Chipotle to diversify its board.
Last year, under pressure from radical investor Trillium Asset Management, Chipotle agreed to revise its governance guidelines to ensure that women exist on the board nomination list. (bit. ly/1S6Hxdu)
CtW also criticized Chipotle on Wednesday for his reluctance to lower the threshold for shareholders to nominate board candidates from 3% to 5%.
CtW had previously clashed with Chipotle.
In 2014, pension fund advisers successfully urged shareholders to vote against the company's executive compensation proposal.
CtW is also upset about the board changes in former parent companies such as McDonald's and retailer Wal-Mart. Wal-Mart Stores Ltd.