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Portillo's Names a New CEO
Brett Patterson, with a strong restaurant leadership background, will lead Portillo's strategic reset focusing on sustainable growth and operational excellence after flat sales and stock pressure.
- CHICAGO, Feb. 11, 2026 — Portillo's named Brett Patterson as President and CEO, effective Monday, February 23, 2026, in a GlobeNewswire release.
- Following sluggish same-store sales and the September exit of former CEO Michael Osanloo, Portillo's board of directors launched a leadership change amid a strategic reset and lowered targets.
- Brett Patterson, a longtime operator, brings experience running Miller's Ale House, sports-themed chain with more than 100 locations in 10 states, and held executive roles at Outback Steakhouse, Ruby Tuesday, and Olive Garden with a people-first leadership style.
- Portillo's disclosed in an SEC 8-K that Patterson will assume strategic leadership, join the board, and receive an $800,000 base salary, $400,000 sign-on RSUs, and a $3 million equity target.
- Portillo's will pursue smaller restaurant footprints and sub-$5.4 million buildouts to improve unit economics, opening eight new restaurants this year, with updates on Feb. 24.
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Portillo’s names Brett Patterson as CEO
Portillo’s, the restaurant chain known for Chicago-style hot dogs and Italian beef sandwiches, named Brett Patterson as CEO and president, effective Feb. 23, on Wednesday.Patterson’s appointment comes after Portillo’s announced in September that former CEO Michael Osanloo would step down amid flagging business at the Oak Brook-based fast casual restaurant chain.Patterson was most recently CEO of Miller’s Ale House, a sports-themed casual dining …
·Chicago, United States
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Greater Milwaukee Today
Portillo’s taps new CEO, an industry veteran who held executive roles at Outback Steakhouse and Ruby Tuesday
Patterson, whose resume includes executive roles at Outback Steakhouse, Ruby Tuesday and Olive Garden, will take the reins of Portillo’s on Feb. 23.
·Chicago, United States
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Total News Sources12
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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