Portillo's Stock Jumps 3.2% After Leadership Shake-Up

Wednesday, Sep 24, 2025 12:15 pm ET1min read

Portillo's (PTLO) shares jump 3.2% after the company's President and CEO, Michael Osanloo, departs immediately. Activist investor Engaged Capital had pressured the board for a change. Interim CEO Michael A. Miles, Jr., was appointed. The stock had fallen after the company cut its full-year guidance for same-store sales.

Portillo's Stock Jumps 3.2% After Leadership Shake-Up

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