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Portillo’s Announces Leadership Transition

Company Leadership Transition - Portillo's Inc. has appointed Michael A. Miles, Jr. as Interim CEO, effective immediately, succeeding Michael Osanloo who has departed the company [2][5] - A Search Committee has been established to identify the next CEO, comprising Directors Paulette Dodson, G.J. Hart, Eugene I. Lee, Jr., and Michael A. Miles, Jr., with assistance from an executive search firm [3] - Eugene I. Lee, Jr. has been appointed as Lead Independent Director during this transition period [5] Leadership Experience - Michael A. Miles, Jr. brings extensive leadership experience from the retail and restaurant industries, having previously served as President and COO of Staples and COO of Pizza Hut [4] - Miles has been Chairman of the Board at Portillo's since 2014 and served as Interim CEO from 2014 to 2015 [4] Company Overview - Portillo's has grown from a small hot dog trailer in Chicago to over 90 restaurants across 10 states, known for its menu of Italian beef sandwiches, Chicago-style hot dogs, and other offerings [6] - The company operates a model that focuses on experience, blending dine-in, drive-thru, takeout, and delivery to serve its guests [6]