Market Overview

Chipotle Hires One Of Its Biggest Food Safety Critics

Chipotle Hires One Of Its Biggest Food Safety Critics

Chipotle Mexican Grill, Inc. (NYSE: CMG) has thus far failed to move past a food safety scandal that resulted in an E. coli outbreak. Shares of the casual fast-food restaurant have lost 5 percent since the start of 2016 and nearly 30 percent over the past year.

As Chipotle looks to move past the food safety scandal, the company has hired two leading food safety experts. According to Reuters, one of Chipotle's new advisers is David Acheson, who was very critical of the company's initial response to the outbreak last year.

Related Link: Chipotle Leaves A Bad Taste In Investors' Mouth After Q1 Report

Acheson is also a former official at the U.S. Food and Drug Administration and the U.S. Department of Agriculture. He was also a large critic of Chipotle's initial response in the early stages of the outbreak last year.

Acheson told Reuters back in December, "I'm not a believer that you can test your way to safety," and argued that the company should focus more food sourcing and handling practices.

Chipotle also hired David Theno, a food safety consultant and former Jack-In-The-Box executive who was instrumental in fixing the company's food safety scandal and deadly E. coli outbreak in the 1990s.

In addition, a few months ago, Chipotle hired James Marsden, an ex-meat science professor at Kansas State University.

"If I had to put together a dream team to fix something, you could do a lot worse," Don Schaffner, a food science professor at Rutgers University told Reuters. But, he added, "I've begun to wonder a little bit about too many cooks. Each of those guys is going to have a perspective on what to do to fix the problem."

Posted-In: Chipotle E. Coli Outbreak Chipotle Food Safety David Acheson David ThenoNews Restaurants Trading Ideas General Best of Benzinga


Related Articles (CMG)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

What Segment Should Disney Investors Be Worried About?

UBS Doesn't Like Apple's Upgrade Cycle, Sees Declining New Customer Base