Chipotle Offends Farmers, Feels Effects of Bad Karma
After offending farmers with its aggressive ad campaign claiming local-raised food is healthier and anything else is bad, Chipotle is feeling the effects of what some would call Karma, reported porknetwork.com.
Chipotle stock shares recently fell 7% to $495.92. The burrito giant also saw its proposed executive pay plan voted down by 77% of shareholders in late May, and the entire pay structure of the company’s higher level employees will now be reviewed.
Wall Street analysts said Chipotle’s top management earns nearly five times more than top executives in similar food chains. Last year co-CEO’s Steve Ells and Monty Moran made nearly $50 million combined.
Chipotle is not the only guilty party in the farmers vs. food joints saga. Multiple sources reported Panera Bread officials called farmers partaking in biotechnology, “lazy,” and soon after the company’s shares fell almost 12%. Of course, that could just be a coincidence.

