Scott Boatwright, Chief Restaurant Officer of Chipotle Mexican Grill Inc (NYSE: CMG), is a prominent figure in the fast-casual dining industry. With years of experience in restaurant operations and executive leadership, Boatwright has played a pivotal role in Chipotle’s ongoing transformation and growth. As of 2025, his estimated net worth is projected to be between $15 million and $25 million, bolstered by executive compensation, stock ownership, and insider transactions.
Boatwright’s career at Chipotle has coincided with the company’s impressive resurgence. With his leadership focused on operations excellence, restaurant throughput, and team development, he continues to be one of the key architects behind Chipotle’s efficiency and profitability.
Scott Boatwright’s Role at Chipotle Mexican Grill
Scott Boatwright joined Chipotle in May 2017 after a long career at Arby’s Restaurant Group, where he served in various leadership roles over two decades. At Chipotle, he holds the position of Chief Restaurant Officer, a role responsible for overseeing the operations of thousands of restaurants across North America.
His primary focus has been streamlining restaurant-level operations, improving employee training, and enhancing the customer experience. He has also been instrumental in the development and scaling of Chipotle’s “digital makeline”, which helped boost the brand’s digital sales and delivery capacity.
Boatwright’s deep operational expertise is one of the reasons behind Chipotle’s ability to thrive even amid industry disruptions, including the COVID-19 pandemic and subsequent supply chain challenges.
Insider Trading: Net Sales and Recent Activity
According to the Insider Trading Tracker, Scott Boatwright has conducted two insider transactions involving Chipotle Mexican Grill Inc (CMG) over the past 18 months, with a net sale of 2,400 shares. Given the stock’s high price—trading well above $2,700 per share in early 2025—this equates to several million dollars in liquidated value.
While Boatwright’s transactions are modest compared to some other Chipotle executives, they still reflect strategic financial management and portfolio diversification. Insider selling is common among executives for reasons ranging from tax planning to estate diversification, and does not necessarily reflect a negative outlook on the company’s stock.
Comparative Executive Sales:
- Curtis E. Garner: Net sale of 258,380 shares
- Brian R. Niccol (CEO): Net sale of 12,533 shares
- Christopher W. Brandt (CMO): Net sale of 24,149 shares
In total, over the past three months, Chipotle insiders sold 44,785 shares and bought 9,400 shares, leading to a net insider sale of 35,385 shares. Over an 18-month period, insiders sold 1,666,026 shares and purchased 53,250 shares, resulting in a staggering net sale of 1,612,776 shares.
These figures indicate strong shareholder activity and profit-taking across the executive team, likely reflecting confidence in the long-term performance of CMG stock while capitalizing on short-term valuation peaks.
Estimating Scott Boatwright’s Net Worth
Scott Boatwright’s estimated net worth of $15–$25 million comes from a combination of:
- Base salary and performance bonuses from Chipotle
- Equity grants and stock options
- Insider stock sales, including the recent 2,400 shares sold
- Long-term investments and real estate holdings
While his exact annual salary hasn’t been publicly disclosed in the latest filings, previous executive compensation reports suggest that Boatwright likely earns a base salary in the range of $700,000–$900,000 per year, with total compensation (including equity) potentially exceeding $3 million annually.
His accumulated stock options over the past several years—particularly as Chipotle’s stock has increased significantly—form a substantial part of his wealth.
Family Life and Personal Background
Scott Boatwright tends to keep a low public profile, especially compared to more visible executives like CEO Brian Niccol. While not much is publicly disclosed about his family, he is known to be married with children and is based in the United States, residing close to Chipotle’s corporate offices.
In various leadership interviews and industry panels, Boatwright has spoken about the importance of team development, work-life balance, and fostering a culture of accountability and excellence in the workplace.
The Chipotle Growth Machine
Chipotle’s stock has performed remarkably well in recent years, driven by innovation, digital ordering systems, menu expansion (including items like the Plant-Based Chorizo), and international expansion plans. The company has also announced new restaurant openings at a record pace, with a particular focus on its Chipotlane drive-thru model.
Boatwright’s contributions to improving restaurant-level throughput and streamlining kitchen processes have played a key role in this expansion. With Chipotle eyeing 7,000+ locations globally, his influence on operations is only expected to grow.
Corporate Outlook and Future Growth
Looking forward, Scott Boatwright is expected to continue playing a major leadership role as Chipotle navigates automation, AI kitchen integration, and global supply chain strategy. His operational knowledge and practical restaurant experience give him a unique edge in a company that thrives on fast service and fresh food.
As Chipotle continues to break new ground, executives like Boatwright will remain central to the brand’s success. His stock holdings, compensation packages, and strategic role mean that his net worth could easily rise beyond $25 million in the coming years, depending on company performance and future equity liquidations.
Final Thoughts
Scott Boatwright may not be a household name like Chipotle’s CEO, but his behind-the-scenes influence has helped reshape how fast-casual dining operates. With two recent insider sales and a growing wealth portfolio, his estimated net worth of $15–$25 million in 2025 reflects years of leadership and vision in one of America’s most admired restaurant brands.
As Chipotle continues its expansion, and executive trading activity remains under the spotlight, Boatwright’s role will continue to matter—not just to shareholders, but to the company’s culture and long-term stability.
