leadership
confidence high
sentiment neutral
materiality 0.30
El Pollo Loco appoints Damon Thomas Chief Operating Officer, effective Sept 21, 2026
El Pollo Loco Holdings, Inc.
- Damon Thomas, 49, named COO effective Sept 21, 2026, reporting to CEO Elizabeth "Liz" Williams; previously SVP Operations at Shake Shack through Sept 2026.
- Base salary $425,000; target cash bonus equal to 75% of salary, with a guaranteed minimum 2026 bonus of $225,000.
- One-time sign-on grant of restricted stock and performance share units valued at ~$500,000 vesting over three years, plus a $25,000 cash sign-on bonus.
- Annual equity awards of ~$400,000 beginning 2027, vesting 33% per year over three years; severance of 12 months of continued base salary if terminated without cause or for good reason.
- Prior roles include VP Operations at Yoshinoya America (June 2022-Aug 2023) and senior operations posts at Quest Food Management Services and Raising Cane's Chicken Fingers.