Portillo's (PTLO) executive compensation, 2026 proxy

Michael A. Miles, Jr., Interim President and Chief Executive Officer, was paid $1.5M in 2025. The CEO-to-median-employee pay ratio was 74:1, on median employee pay of $19,949.

Filed
April 17, 2026
Pay year
2025
Named executives
6
CEO total pay
$1.5M2025
CEO to median employee
74:1median $19,949
CEO pay in equity
90%$1.3M in awards
2025 Revenue
$732.1MTotal company revenue
Adjusted EBITDA
$97.3MPerformance metric
Median Employee Pay
$19,949Annual total compensation

How Jr. was paid

$1.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary1%Stock awards90%All other compensation9%

Named executive officers

ExecutiveTotal
Michael OsanlooFormer President and Chief Executive Officer$7,326,910
Michael A. Miles, Jr.Interim President and Chief Executive Officer$1,467,689
Michelle HookChief Financial Officer and Treasurer$1,751,801
Tony DardenChief Operating Officer$1,344,094
Jill WaiteChief People Officer$1,127,881
Kelly KaiserGeneral Counsel and Secretary$1,027,614

What changed and why

  • $1.5MMichael A. Miles, Jr. served as Interim President and Chief Executive Officer with a total compensation of $1,467,689.
  • $7.3MMichael Osanloo stepped down as President and Chief Executive Officer in September 2025 with total compensation of $7,326,910.
  • No short-term incentive awards were earned by executive officers because performance results fell below established threshold levels.
  • $113.2MAdjusted EBITDA target was $113.2 million, resulting in a payout of 0.0% on the financial portion of short-term incentives.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.