Summary
Chipotle stated that Bill Ackman, who previously held a significant stake in the company, is not currently associated with them. This announcement came after Ackman donated $10,000 to support an ICE agent involved in a controversial shooting, leading to calls for a boycott of Chipotle.
Key Facts
- Bill Ackman donated $10,000 to support an ICE agent involved in a fatal shooting.
- The shooting incident occurred in Minneapolis, involving the death of Renee Nicole Good.
- Ackman is a billionaire hedge fund manager who has publicly supported President Donald Trump.
- Chipotle clarified Ackman is not affiliated with them following his donation.
- Ackman previously owned a significant stake in Chipotle but has sold off his shares over the years.
- There is no indication of a boycott of other brands associated with Ackman, who also holds a stake in Restaurant Brands International.