Management ChangeMay 21, 2026, 05:23 PM
Portillo's Appoints Pamela Smith as Interim CFO
AI Summary
Portillo's Inc. announced the appointment of Pamela Smith as Interim Chief Financial Officer, effective May 20, 2026. Ms. Smith will also serve as the principal accounting officer, taking over from Michelle Hook, who previously announced her departure. The company has entered into an independent contractor agreement with Ms. Smith, compensating her at $14,000 per week, and has initiated a search for a permanent CFO.
Key Highlights
- Portillo's appointed Pamela Smith as Interim Chief Financial Officer, effective May 20, 2026.
- Ms. Smith replaces Michelle Hook as principal financial and accounting officer.
- Ms. Smith will serve until a successor is appointed, with her agreement expiring July 1, 2026, unless extended.
- She will be compensated at a rate of $14,000 per week.
- Ms. Smith has prior experience as Founder and CEO of an advisory firm since 2017.
- She previously served as SVP, Corporate Financial Planning & Analysis for Estée Lauder Companies (2014-2016).
- The Board has engaged a global executive search firm to find a permanent successor.
Price Impact
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