leadership
confidence high
sentiment neutral
materiality 0.60
Portillo's names Brett Patterson as CEO, effective Feb 23, 2026
Portillo's Inc.
- Patterson, former CEO of Miller's Ale House, succeeds interim CEO Michael Miles who remains Chairman.
- Base salary $800k, annual bonus target 100% of base, $400k sign-on RSUs vesting over 2 years.
- Annual LTIP target $3M: 50% RSUs (3-year vest), 50% PSUs with performance conditions.
- Patterson's experience includes Outback Steakhouse, Ruby Tuesday, and Darden Restaurants.
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