Chipotle's chief marketing officer, who was once arrested on cocaine charges, has suddenly resigned (CMG)

  • Chipotle's chief marketing officer, Mark Crumpacker, resigned from his position on Tuesday.
  • "Crumpacker is being terminated without cause," the company said in a regulatory filing.
  • Crumpacker was set to receive a $600,000 retention bonus if he stayed at the company until January 5, 2019. 

Chipotle's chief marketing officer, Mark Crumpacker, resigned from his position on Tuesday, the company said in a regulatory filing. 

His resignation will take effect on Thursday. Chipotle did not give a reason for the departure. 

"Mark Crumpacker has resigned his position as chief marketing and strategy officer effective March 15," Chipotle spokesman Chris Arnold told Business Insider. "Mark has been a valued member of our leadership team and played an integral role in shaping and defining the Chipotle brand, and we thank him for his contributions. We have a very talented marketing team in place and we’ll continue our existing programs while we finalize the plans for a new CMO."

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NEW YORK, NY - SEPTEMBER 30: Mark Crumpacker speaks at the 25th Anniversary Adweek Brand Genius Gala at Cipriani 25 Broadway on September 30, 2014 in New York City. (Photo by Eugene Gologursky/Getty Images for Adweek)
NEW YORK, NY - SEPTEMBER 30: Mark Crumpacker attends the 25th Anniversary Adweek Brand Genius Gala at Cipriani 25 Broadway on September 30, 2014 in New York City. (Photo by Eugene Gologursky/Getty Images for Adweek)
MARINA DEL REY, CA - MAY 05: (L-R) NBC Universal EVP of digital advertising Scott Schiller, Chipotle chief marketing and development officer Mark Crumpacker, Discovery Networks Agency chief creative officer Derek Koenig and YouTube director of content strategy Jamie Byrne attend Variety's Spring 2014 Entertainment and Technology Summit at The Ritz-Carlton, Marina Del Rey on May 5, 2014 in Marina del Rey, California. (Photo by Imeh Akpanudosen/Getty Images for Variety)
MARINA DEL REY, CA - MAY 05: Chipotle chief marketing and development officer Mark Crumpacker attends Variety's Spring 2014 Entertainment and Technology Summit at The Ritz-Carlton, Marina Del Rey on May 5, 2014 in Marina del Rey, California. (Photo by Imeh Akpanudosen/Getty Images for Variety)
MARINA DEL REY, CA - MAY 05: (L-R) Moderator, CAA co-head of marketing David Messinger, NBC Universal EVP of digital advertising Scott Schiller, Chipotle chief marketing and development officer Mark Crumpacker, Discovery Networks Agency chief creative officer Derek Koenig and YouTube director of content strategy Jamie Byrne attend Variety's Spring 2014 Entertainment and Technology Summit at The Ritz-Carlton, Marina Del Rey on May 5, 2014 in Marina del Rey, California. (Photo by Imeh Akpanudosen/Getty Images for Variety)
LOS ANGELES, CA - FEBRUARY 11: Steve Ells (L) and Mark Crumpacker arrive for the Chipotle World Premiere Of Original Comedy Web Series 'Farmed And Dangerous' at DGA Theater on February 11, 2014 in Los Angeles, California. (Photo by Gabriel Olsen/Getty Images)
LOS ANGELES, CA - FEBRUARY 11: Chipotle Chief Marketing & Development Officer Mark Crumpacker speaks onstage at the world premiere of 'Farmed and Dangerous,' a Chipotle/Piro production at DGA Theater on February 11, 2014 in Los Angeles, California. (Photo by Jason Kempin/Getty Images for Chipotle Mexican Grill)
NEW YORK, NY - APRIL 20: (L-R) President and Chief Operating Officer of Tribeca Enterprises Jon Patricof, Director Brett Ratner, Chief Marketing Officer of Chipotle Mexican Grill Mark Crumpacker, Global Executive Director Advertising and Brand at GE Judy Hu and American Express' Vice President of Global Media and Sponsorship and Experiential Marketing Rich Lehrfeld and Contributor Managing Director & Director of Research of the Norman Lear Center Johanna Blakley, attend Tribeca Talks: Industry: Films & Brands during the 2012 Tribeca Film Festival at the SVA Theater on April 20, 2012 in New York City. (Photo by Gilbert Carrasquillo/FilmMagic)
NEW YORK, NY - APRIL 20: Chief Marketing Officer of Chipotle Mexican Grill Mark Crumpacker speaks at the Film And Brands Tribeca Talks Industry Panel during the 2012 Tribeca Film Festival at the School of Visual Arts Theater on April 20, 2012 in New York City. (Photo by Michael Loccisano/Getty Images)
NEW YORK, NY - APRIL 20: Chief Marketing Officer of Chipotle Mexican Grill Mark Crumpacker speaks at the Film And Brands Tribeca Talks Industry Panel during the 2012 Tribeca Film Festival at the School of Visual Arts Theater on April 20, 2012 in New York City. (Photo by Michael Loccisano/Getty Images)
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Crumpacker had previously taken a three-month leave of absence in 2016 after being arrested on charges of cocaine possession. The charges were later dropped in exchange for Crumpacker's guilty plea and his promise to enter a drug treatment program.

Crumpacker was set to receive a $600,000 retention bonus if he stayed at the company until January 5, 2019. 

"Such retention bonus would vest if Crumpacker was terminated without cause," the company said in the filing.  "Crumpacker is being terminated without cause."

Crumpacker's resignation agreement bars him from disparaging or suing Chipotle, and releases any existing legal claims by him against the company, the filing said. It also prohibits him from working for any of Chipotle's competitors or hiring any of Chipotle's employees for a period of 12 months following his resignation.

Here's what Chipotle said in the filing about Crumpacker's resignation:

"The agreement entitles Mr. Crumpacker to cash severance totaling 26 weeks of pay at his base salary, and related benefits pertaining to post-employment extension of health insurance benefits, and also allows him a period of 12 months to exercise vested stock-only stock appreciation rights, rather than the 90-day period provided in the award agreements. The agreement further provides that Mr. Crumpacker releases any legal claims against Chipotle, will not disparage Chipotle or interfere with its relationships with customers, suppliers, shareholders or the public, and agrees to hold certain information about Chipotle confidential, subject to exceptions to ensure compliance with applicable law. The agreement also provides that for a one-year period following his resignation, Mr. Crumpacker will not (i) directly or indirectly, own, manage, operate, control, be employed, or engaged in any capacity (whether or not for compensation) by, or render services, advice, or assistance in any capacity to, a business operating fast-casual, quick-service or casual dining restaurants in the continental United States where Chipotle or any of its affiliates conduct business, or (ii) solicit or hire Chipotle’s employees, or induce any of Chipotle’s suppliers, licensees, or other business relations to cease doing business with Chipotle or interfere with the relationship between any such supplier, licensee, or other business relation and Chipotle. The agreement is subject to a customary revocation period by Mr. Crumpacker. Other previously-disclosed agreements entered into with Mr. Crumpacker and providing for post-employment payments or other benefits remain in effect as well."

RELATED: Chipotle restaurants through the years

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Chipotle restaurants through the years
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Chipotle restaurants through the years
DENVER, CO - FEBRUARY 9: Steve Ells, 32, owner of the Chipotle Mexican Grill restaurant chain, in front of one of his stores at 32nd & Lowell Blvd. in Denver, Colorado on Monday, Feb. 9, 1998. (Photo by Hyoung Chang/The Denver Post via Getty Images)
Exterior of the Chipotle restaurant on Wisconsin Ave. NW Washington, D.C. (Photo by Michael Williamson/The Washington Post/Getty Images)
GLENVIEW, IL - DECEMBER 02: Activity is seen near the order-counter area inside a Chipotle restaurant December 2, 2005 in Glenview, Illinois. McDonald's Corp., owners of 92 percent of Chipotle, are preparing its Mexican-style eateries for an initial public offering. (Photo by Tim Boyle/Getty Images)
CHICAGO - JANUARY 26: The Chipoltle Mexican Grill logo is painted on the door of one of the Chain's restaurants in the trendy Bucktown neighborhood January 26, 2006 in Chicago, Illinois. McDonald's spin-off of the restaurant chain ended the day with the Initial Public Offering (IPO) closing at $44, double its opening price. It was the best opening day gain by a U.S.-based IPO in more than five years. (Photo by Scott Olson/Getty Images)
UNITED STATES - JANUARY 26: Workers prepares meals at Chipotle Mexican Grill in West Bloomfield, Michigan on Thursday, January 26, 2006. Chipotle Mexican Grill Inc.'s shares more than doubled on the first day of trading after McDonald's Corp. took the fast-growing chain public. (Photo by Jeff Kowalsky/Bloomberg via Getty Images)
DENVER, CO - JANUARY 26: The original Chipotle restaurant at 1644 E. Evans Ave in Denver, shown here on Jauary 26, 2006. (Photo by Cyrus McCrimmon/The Denver Post via Getty Images)
A Chipotle burrito in it's signature aluminum wrap on Friday, February 12, 2010. Burrito was that the original location on E. Evans Ave. Cyrus McCrimmon, The Denver Post (Photo By Cyrus McCrimmon/The Denver Post via Getty Images)
Chipotle burritos at the original location on E. Evans Ave. Bryan Sawyer who eats about 3 times a week at the Chipotle eats a steak black bean burrito on Friday, February 12, 2010. Cyrus McCrimmon, The Denver Post (Photo By Cyrus McCrimmon/The Denver Post via Getty Images)
Gregory Rec/Staff Photographer: -- Kyle Braley stirs a tomatillo green chili salsa at Chipotle Mexican Grill in South Portland on Monday, December 13, 2010. The popular restaurant chain, which serves naturally-raised beef, chicken and pork, has its grand opening today. (Photo by Gregory Rec/Portland Press Herald via Getty Images)
A pedestrian walks into a Chipotle Mexican Grill Inc. location in New York, U.S., on Wednesday, Oct. 17, 2012. Chipotle, the best- performing restaurant stock in the Standard & Poor's 500 Index last year, is expected to release earnings data on Oct. 18. Photographer: Scott Eells/Bloomberg via Getty Images
The Chipotle Mexican Grill Inc. logo is displayed on a paper bag at a location in New York, U.S., on Wednesday, Oct. 17, 2012. Chipotle, the best- performing restaurant stock in the Standard & Poor's 500 Index last year, is expected to release earnings data on Oct. 18. Photographer: Scott Eells/Bloomberg via Getty Images
Chipotle Mexican Grill Inc. employees prepare food at a location in New York, U.S., on Wednesday, Oct. 17, 2012. Chipotle, the best- performing restaurant stock in the Standard & Poor's 500 Index last year, is expected to release earnings data on Oct. 18. Photographer: Scott Eells/Bloomberg via Getty Images
A steak burrito is arranged for a photograph with a drink and bags of chips at a Chipotle Mexican Grill Inc. restaurant in Hollywood, California, U.S., on Tuesday, July 16, 2013. Chipotle Mexican Grill Inc. is scheduled to release earnings data on July 18. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill Inc. restaurant in Hollywood, California, U.S., on Tuesday, July 16, 2013. Chipotle Mexican Grill Inc. is scheduled to release earnings data on July 18. Photographer: Patrick T. Fallon/Bloomberg via Getty Images
Employees prepare lunch orders at a Chipotle Mexican Grill restaurant at Madison Square Park in New York, U.S., on Wednesday, Jan. 29, 2014. Chipotle Mexican Grill Inc. is expected to release earnings figures on Jan. 30. Photographer: Craig Warga/Bloomberg via Getty Images
Employees prepare lunch orders at a Chipotle Mexican Grill restaurant at Madison Square Park in New York, U.S., on Wednesday, Jan. 29, 2014. Chipotle Mexican Grill Inc. is expected to release earnings figures on Jan. 30. Photographer: Craig Warga/Bloomberg via Getty Images
MIAMI, FL - MARCH 05: A Chipotle restaurant is seen on March 5, 2014 in Miami, Florida. The Mexican fast food chain is reported to have tossed around the idea that it would temporarily suspend sales of guacamole due to an increase in food costs. (Photo by Joe Raedle/Getty Images)
A Chipotle eatery in the Financial District of Manhattan NYC viewed from the outside looking in shows the interior design as well as people eating & talking, & also reflects the urban building from across the street in the upper left corner of the window
NEW YORK CITY, NEW YORK, UNITED STATES - 2015/10/18: Restaurants in USA: Chipotle Mexican Grill Chipotle Mexican Grill, Inc. is a chain of restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mission burritos and tacos. (Photo by Roberto Machado Noa/LightRocket via Getty Images)
NEW YORK, NEW YORK -- FEBRUARY 8: A sign sits in the window of a Chipotle restaurant on Broadway in Lower Manhattan telling customers the restaurant is closed until 3 p.m. on February 8, 2016 in New York City. The Mexican food chain is closing stores for lunch nationwide for a meeting on food safety following a number of E. coli outbreaks. (Photo by Andrew Renneisen/Getty Images)
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