Chipotle names new directors, including Bill Ackman's nominees

Pershing Square partner Ali Namvar and former McDonald's Corp CFO Matthew Paull, who serves on the hedge fund's advisory board, join Paul Cappuccio and Robin Hickenlooper as directors of the burrito chain. Cappuccio is executive vice president at Time Warner Inc and Hickenlooper is senior vice president of corporate development at media company Liberty Global Plc . "We are pleased that Chipotle has taken the important step of refreshing its board," Ackman said in a statement.