The CEO Who Had To Go
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 December 2016
⏱️ 30 minutes
🧾️ Download transcript
Summary
Monty Moran is out at Chipotle. Bill Mann and Bill Barker analyze the company’s recent troubles and share why Moran’s compensation was part of why he had to resign. We discuss a little-known railroad company’s latest deal and what it means for future deal-making, as well as big-name advertiser opting out of the next Super Bowl. Towards the end we stop talking about investing and business altogether and discuss Christmas movies.
Transcript
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| 0:00.0 | It's Tuesday, December 13th. |
| 0:03.4 | Welcome to Mark Fullry. |
| 0:04.7 | I'm Chris Hill joining me in studio today |
| 0:06.4 | from Motley Full Funds, Bill Barker and Bill Mann. |
| 0:09.8 | Happy Tuesday. |
| 0:10.9 | How are you? |
| 0:11.7 | I'm well. I'm well. You and I got the plaid memo and Bill Barker did not. |
| 0:16.0 | I didn't get the old man glasses memo. |
| 0:18.0 | You did? Well, you know what? We're a little older than you are. |
| 0:22.0 | In a couple of years you're going to get the old man glasses memo. |
| 0:25.0 | I'm just vain and blind. That's all there is to it. |
| 0:29.0 | I've talked before about the news fairy, how sometimes the news fairy shows up in the middle of the night. |
| 0:34.4 | And in this case, the news fairy showed up the moment I left the studio yesterday, because Muckerman and I finished taping yesterday's |
| 0:45.4 | market foolery. |
| 0:46.7 | I walked out of the studio and 30 seconds later ran into Ron Gross and Andy Cross who said, |
| 0:51.8 | hey, did you hear the news about Chipotle? |
| 0:55.5 | And I said, you said, no? |
| 0:58.4 | And they're like, more notable virus? |
| 0:59.4 | And they said, no? |
| 1:00.9 | Moni Moran, the longtime co- CEO, has resigned. |
| 1:05.1 | He is also leaving the Board of Directors. |
| 1:06.8 | This will all take place officially in 2017. |
... |
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