Chipotle Mexican Grill's stock (CMG) continues to face downward pressure in Wednesday's trading session, as investors digest the news that long-time Chief Financial Officer Jack Hartung will be stepping down from his role. With Hartung set to retire at the end of 2024, the company has named Adam Rymer, currently serving as Vice President of Finance, as his successor.

Yahoo Finance executive editor Brian Sozzi breaks down the details and what to expect from Chipotle's stock amid such a transition.

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This post was written by Angel Smith