Overview
- Patterson will also join Portillo’s board as part of the leadership transition.
- The new chief executive most recently led Miller’s Ale House and previously held senior roles at Outback Steakhouse, Ruby Tuesday and Darden’s Olive Garden.
- An SEC filing details a $800,000 base salary, a $400,000 sign-on RSU award vesting over two years, and eligibility for annual bonus and long-term equity.
- Portillo’s says Patterson will focus on market positioning, operational excellence, disciplined new-restaurant growth, team investment and the guest experience.
- The move follows a strategic pullback that plans eight openings this year and a shift to smaller, lower-cost builds after weak results and stock and activist pressures.