El Pollo LoCo (LOCO) has released an update.
El Pollo Loco Holdings, Inc. has named Elizabeth Williams as the new CEO, starting March 11, 2024, taking over from interim CEO Maria Hollandsworth. Williams is an experienced leader with a background in high-growth retail and restaurant businesses, including a tenure at Yum! Brands and Taco Bell. Her employment agreement includes a base salary of $725,000, potential bonuses, and substantial equity grants, along with a one-time signing bonus and other executive benefits. Williams’ appointment is part of the company’s strategic leadership transition to drive growth and operational excellence.
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