What goes around comes around….
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After offending farmers everywhere with their aggressive ad campaign claiming local-raised food is healthier and anything else is just plain bad, Chipotle is feeling the effects of what some would call Karma.
According to Gary Truitt, Chipotle has seen a shift downward in its stock shares recently, falling 7% to $495.92. The burrito giant also saw its proposed executive pay plan voted down by 77% of shareholders last Thursday. Since the plan was denied, the entire pay structure of higher level employees within the company will now be reviewed.