While Chipotle continues to struggle in the aftermath of its disastrous E. coli outbreaks and other food-borne illness scares, it looks like the burrito company's top two executives are finally paying the price for its food safety failures -- nearly half of their total compensation packages, that is.
Specifically, Chipotle canceled its 2015 cash bonuses for co-CEOs, Steve Ells and Monty Moran, due to the slew of highly publicized food safety issues that scared away customers and sent Chipotle's stock into a downward spiral, according to a report by the Chicago Tribune. In 2014, both executives received $3 million or more in bonuses and more than $23 million in stock options as part of their compensation packages, but they received neither the bonuses nor the stock in 2015. In fact, as CNN Money reports, Chipotle cut their total compensation by roughly half: Ells brought in $13.8 million (down from $28.9 million in 2014) and Moran brought in $13.6 million (down from 28.1 million). Well, damn.