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More than 75% of shareholders of the ethical Tex-Mex chain Chipotle voted against its co-CEO?s compensation plan. The rejection is unheard of in a time when most companies receive over 90% approval and only a couple dozen outright rejections have taken place since the Say-on-Pay Vote law was implemented during the great recession. Last year about 27% of shareholders voted against the compensation plan, a number which most companies would consider a total lack of confidence. Even more surprising, the plan had the backing on the Institutional Shareholder Services, a firm which specializes in advising shareholders on whether to vote up or down on a variety of topics including executive compensation, but was voted against by the California Public Employees? Retirement System and New York City?s Pension Fund. New ?york City?s Comptroller, Scott Stringer, went so far as to call the co-CEO?s pay over the past few years ?egregious?.