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Stock impact report

Portillo’s Announces Leadership Transition

Portillo's Inc. (PTLO) 
Company Research Source: GlobeNewswire
Board Chairman Michael A. Miles, Jr. Appointed as Interim CEO, Effective Immediately Eugene (Gene) I. Lee, Jr. Appointed as Lead Independent Director CHICAGO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that its Board of Directors has appointed Chairman of the Board Michael A. Miles, Jr., as Interim Chief Executive Officer (CEO), effective immediately. Mr. Miles succeeds Michael Osanloo, who has departed the Company as President and CEO and as a member of the Board of Directors. Mr. Osanloo will support the transition as a Special Advisor to Mr. Miles and the Board over the next 90 days. The Board of Directors has established a Search Committee, comprised of Directors Paulette Dodson, G.J. Hart, Eugene (Gene) I. Lee, Jr., and Michael A. Miles, Jr., and will be assisted by a leading executive search firm in conducting a comprehens Show less Read more
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