Home / Companies / Chipotle Mexican Grill, Inc. / 11 Jun 2025
Chipotle Mexican Grill, Inc.: meeting of 11 Jun 2025
Votes reported on Form N-PX, item by item
1,434 Form N-PX filers reported votes at the Chipotle Mexican Grill, Inc. meeting of 11 Jun 2025. Their records fall into 5 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
9 nominees; 96.7% of reported votes for; 47 filers withheld from or voted against at least one nominee.
8,116 vote records from 366 filers. 3 of the 362 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
2,382 vote records from 1,421 filers. 692 of the 1,384 filers that marked the item either way voted against management. 37 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
903 vote records from 364 filers. 27 of the 360 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Shareholder Proposal - Requesting an independent Board Chair.
864 vote records from 347 filers. 62 of the 343 filers that marked the item either way voted against management. 4 filers reported this item without a management mark.
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
4 vote records from 4 filers. 0 of the 3 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 4. Proposal |
|---|---|---|---|---|
| Vanguard | For | For | For | Against |
| BlackRock and iShares | For | Against * | For | Against |
| Fidelity | For | For | For | Against |
| Dimensional | For | Against * | For | Against |
| State Street and SPDR | For | For | For | Against |
| American Century | For | Against * | For | Against |
| Franklin Templeton | For | For | For | Against |
| Invesco | For | Against * | For | Against |
| Equitable | For | For | For | Against |
| Charles Schwab | For | Against * | For | Against |
| Nuveen and TIAA | For | For | For | Against |
| ProShares and ProFunds | For | Against * | For | Against |
| John Hancock and Manulife | For | For | For | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | Against * | For * |
| J.P. Morgan | For | For | For | Against |
| Goldman Sachs | For | For | For | Against |
| WisdomTree | For | Against * | For | Against |
| PGIM and Prudential | For | Against * | For | Against |
| Jackson National funds | For | For | For | Against |
| Northern Trust and FlexShares | For | For | For | Against |
| SEI | For | Against * | For | Against |
| T. Rowe Price | For | For | For | Against |
| Thrivent | For | Against * | For | Against |
| Lincoln Financial | For | For | For | Against * |
| Voya | For | Against * | For | Against |
| First Trust | For | Against * | For | Against |
| Russell Investments | For | Against * | For | For * |
| Nationwide | For | Against * | For | Against |
| Victory Capital | For | Against * | For | Against |
| Brighthouse Funds | For | For | For | Against |
| Guggenheim and Rydex | For | Against * | For | Against |
| Columbia Threadneedle | For | Against * | For | For * |
| BNY Mellon | For | Against * | For | Against |
| Principal | For | Against * | For | Against |
| Capital Group and American Funds | For | For | For | Against |
| Pacific Life funds | For | For | For | Against |
| Global X | For | Against * | For | No report |
| MFS | For | For | For | Against |
| Transamerica | For | For | For | Against |
| Federated Hermes | For | For | For | For * |
| AllianceBernstein | For | For | For | Against |
| Hartford Funds | For | Against * | Against * | For * |
| DWS | For | Against * | For | Against |
| PIMCO | For | Against * | Against * | For * |
| Allspring | For | Against * | For | Against |
| MassMutual | For | For | For | Against |
| Virtus | For | Against * | Against * | For * |
| Macquarie and Delaware Funds | No report | Against * | No report | No report |
| Janus Henderson | For | For | For | For * |
| Neuberger Berman | For | Against * | For | Against |
| Natixis and Loomis Sayles | No report | Against * | No report | No report |
| Baird | No report | Against * | No report | No report |
| Artisan Partners | For | For | For | No report |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Chipotle Mexican Grill, Inc. meeting?
1,434 Form N-PX filers reported votes at the meeting of 11 Jun 2025. On say-on-pay, 692 of 1,384 voted against management (50.0%). One proposal from security holders could be told apart in the filings. The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Chipotle Mexican Grill, Inc. on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Chipotle Mexican Grill, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Chipotle Mexican Grill, Inc. with a meeting date within three days of 11 Jun 2025. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.