Maria Hollandsworth departs El Pollo Loco

Core Insights - Maria Hollandsworth is leaving El Pollo Loco effective December 26, 2023, after serving as president and chief operating officer since 2022 and briefly as interim CEO [1][2] Company Leadership Changes - Hollandsworth's departure follows her interim role as CEO after Larry Roberts left in November 2023 [1] - Liz Williams, who became CEO in February 2024, is leading a turnaround plan for the company [4] Employee Compensation - Hollandsworth will receive accrued benefits, with all restricted stock awards and stock options vesting as of her departure date [2] Industry Experience - Hollandsworth has extensive experience in the restaurant industry, previously serving as regional vice president of operations at Dunkin' and holding various leadership roles at Jack in the Box for over 20 years [3] Turnaround Strategy - The turnaround plan under CEO Liz Williams focuses on operational efficiencies, customer feedback, and the use of artificial intelligence to enhance management practices [4] - The company is also simplifying cooking processes and enhancing training standards [4]