El Pollo Loco names Ira Fils CFO; employment agreement includes $400K salary, $500K equity grant

El Pollo Loco Holdings, Inc.

Ira Fils appointed EVP, CFO effective June 27, 2022; annual base salary $400,000.
Target annual bonus of 75% of base salary; guaranteed minimum 50% of target for FY2022.
Initial RSU grant valued at $500,000 vesting over four years; eligible for $500,000 annual equity grants.
Employment term initially 12 months, auto-renewing; severance includes 12 months base salary and prorated bonus on qualifying termination.
Post-termination non-solicitation for 12 months and confidentiality provisions.

item 5.02 item 9.01

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Appointed

Ira Fils

Executive Vice President, Chief Financial Officer

LOCO · El Pollo Loco Holdings, Inc.

Effective: 2022-06-27
Filed: July 1, 2022, 7:59 PM ET

As previously disclosed, on June 2, 2022, El Pollo Loco Holdings, Inc. (the “Company”) appointed Ira Fils as Executive Vice President, Chief Financial Officer of the Company, effective as of June 27, 2022 (the “Start Date”).

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Executive change SEC 8-K Item 5.02 confidence 1.0

Ira Fils was appointed as Executive Vice President, Chief Financial Officer at El Pollo Loco Holdings, Inc..

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

As previously disclosed, on June 2, 2022, El Pollo Loco Holdings, Inc. (the “Company”) appointed Ira Fils as Executive Vice President, Chief Financial Officer of the Company, effective as of June 27, 2022 (the “Start Date”).

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El Pollo Loco Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001606366-22-000044

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