El Pollo Loco : Appoints Ira Fils as Chief Financial Officer - Form 8-K
June 02, 2022 at 04:32 pm EDT
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El Pollo Loco Appoints Ira Fils as Chief Financial Officer
COSTA MESA, CA - June 2, 2022 (GLOBE NEWSWIRE) - El Pollo Loco, Inc.("El Pollo Loco" or "the Company") (Nasdaq: LOCO), the nation's leading fire-grilled chicken restaurant chain, today announced that Ira Fils has been appointed Chief Financial Officer of El Pollo Loco, effective June 27, 2022.
"I am very excited to welcome Ira to the El Pollo Loco team," said Larry Roberts, Chief Executive Officer of El Pollo Loco Holdings, Inc. "He is a well-rounded and accomplished executive with a successful 20-plus year track record of business acumen and strong leadership. Combined with his deep knowledge of and passion for the restaurant industry, I believe Ira is the perfect complement to our management team and I look forward to his contributions as we execute our strategic priorities and endeavor to accelerate growth in 2022 and beyond."
Mr. Fils joins El Pollo Loco from The Habit Burger Grill, a division of YUM! Brands. He joined The Habit Restaurants, LLC in August 2008 as Chief Financial Officer and Secretary, where he helped lead the Company's successful IPO in 2014, and actively participated in the sale of Habit to YUM! Brands in 2020. During his tenure, he was a key member of the Executive Team that grew Habit restaurants from 20 locations to over 300 locations. He also played a key role in transitioning the Company's business model to be more franchise driven. Prior to his time at Habit, Mr. Fils served as Chief Financial Officer of Mimi's Café from 2005 to 2008, after joining the company as Vice President of Finance in 2003. From 1998 to 2003, he served in various financial capacities with increasing responsibility which led to him becoming Chief Financial Officer at Rubio's Restaurants, Inc. He holds an undergraduate degree in economics and an MBA from the University of California, Irvine.
"I am thrilled to accept the appointment of El Pollo Loco's Chief Financial Officer and to be a part of the family during this exciting time for the Company," said Fils. "I look forward to working closely with Larry and the entire El Pollo Loco team as we look to further strengthen the brand and deliver long-term growth."
About El Pollo Loco
El Pollo Loco (Nasdaq:LOCO) is the nation's leading fire-grilled chicken restaurant chain renowned for its masterfully citrus-marinated, fire-grilled chicken and handcrafted entrees using fresh ingredients inspired by Mexican recipes. With 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah and Louisiana, El Pollo Loco is expanding its presence in key markets through a combination of company and existing and new franchisee development. Visit us on our website at ElPolloLoco.com.
MEDIA CONTACT:
Rosie Herzog
Edible
EPLMedia@Edible-Inc.com
INVESTOR CONTACT:
Fitzhugh Taylor
ICR
Fitzhugh.taylor@icrinc.com
714-599-5200
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El Pollo Loco Holdings Inc. published this content on 02 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2022 20:31:04 UTC.
El Pollo Loco Holdings, Inc. specializes in fire-grilling citrus-marinated chicken and operates in the limited-service restaurant (LSR) segment. The Company offers food that integrates the culinary traditions of Mexico with the lifestyle of Los Angeles. Its menu features its signature product, citrus-marinated fire-grilled chicken, as well as a variety of Mexican and Los Angeles (LA)-inspired entrees creates from its chicken. It serves individual and family-sized chicken meals, a variety of Mexican and Los Angeles (LA)-inspired entrees and sides, on a limited-time basis, and additional proteins like beef. Its entrees include Chicken Avocado Burrito, Pollo Fit entrees, chicken tostada salads, and Pollo Bowls. Its Creamy Cilantro dressings and salsas are prepared fresh daily, allowing its customers to create their favorite flavor profiles to enhance their culinary experience. It operates approximately 495 restaurants, which consist of 172 Company-operated and 323 franchised restaurants.