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Portillo's Inc. shares fall 3.16% intraday after CEO Michael Osanloo departs.
ByAinvest
Tuesday, Sep 23, 2025 2:29 pm ET1min read
Portillo’s Inc. declined 3.16% intraday, following the announcement of leadership changes. The company's Board of Directors appointed Michael A. Miles, Jr. as Interim CEO, effective immediately, succeeding Michael Osanloo. Osanloo will support the transition as a Special Advisor over the next 90 days. Additionally, Eugene (Gene) I. Lee, Jr. was appointed as Lead Independent Director.
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