Chipotle Mexican Grill Inc. (NYSE: CMG) co-CEO Montgomery Moran and his wife have purchased the La Jolla home that was once owned by Dr. Roger and Ellen Revelle for a reported $8.5 million, cash.
Revelle, who died in 1991, was an oceanographer and director of Scripps Institution of Oceanography who is now widely credited as one of the first scientists to raise awareness of climate change. He took to the idea of creating a university in San Diego and in 1960 the University of California, San Diego opened to students. His family owns The Daily Transcript.
Additionally, Revelle is credited with bringing Jonas Salk to San Diego to found the Salk Institute for Biological Studies.
Moran was appointed Chipotle's co-CEO in 2009 after serving as the company's president and chief operating officer since 2005. Prior to that, he served as CEO of a Denver law firm.
The 4,162-square-foot oceanfront home is located in the Barber Tract, according to Zillow.com. It was originally listed for $12.5 million in July 2011.