Gaming & Lodging

Portillo's Executive Compensation (FY25)

Name: Portillo's (PTLO) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

PTLO · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Michael Miles Jr.

Median of the other named officers

$1,344,094

5 officers, excluding the chief executive

Latest say-on-pay support

June 9, 2026

Chief executive pay ratio

◇

To the median employee

Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.

See every company’s exec pay — free for 3 days, no card See the plan and pricing

The paid brief on Portillo's

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

Get the executive brief Get the board briefNo account needed.

Data as of November 1, 2026Latest filing (8-K): June 12, 2026

6 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

Portillo's brief$500Get the executive brief

Velarion Intel, one year, every company

224 figures on this page: 221 cited to the filing that reported them, 3 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Portillo's' chief executive and what were they paid?

Total compensation for Michael Miles Jr., Interim President and Chief Executive Officer, came to $1,467,689 in fiscal 2025.

What was Portillo's' say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 91.3% of votes cast including abstentions in favor at the meeting held June 9, 2026.

Which companies are in Portillo's' peer group?

The disclosed peer group includes BJ's Restaurants, Inc., Cava Group, Inc., Dave & Buster's Entertainment, Inc., Denny's Corporation and Dine Brands Global, Inc., among others.

What is Portillo's' chief executive pay ratio?

For fiscal 2025, the company reported a chief executive pay ratio of 74:1.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Osanloo President and Chief Executive Officer	◇	—	◇	—	—	—	◇	◇
Sherri Abruscato Former Chief Development and Supply Chain Officer Departed during or after this year	◇	◇	—	◇	—	—	◇	◇
Michelle Hook Chief Financial Officer and Treasurer	◇	—	◇	—	—	—	◇	◇
Derrick Pratt Chief Operating Officer	◇	—	◇	—	—	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Osanloo Former President and Chief Executive Officer	◇	—	—	—	◇	—	◇	◇
Michelle Hook Chief Financial Officer and Treasurer	◇	—	—	—	◇	—	◇	◇
Jill Waite Chief People Officer	◇	—	—	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Osanloo President and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Michelle Hook Chief Financial Officer and Treasurer	◇	—	◇	—	◇	—	◇	◇
Derrick Pratt Former Chief Operating Officer Departed during or after this year	◇	—	◇	◇	◇	—	◇	◇
Jill Waite Chief People Officer	◇	—	◇	—	◇	—	◇	◇
Kelly Kaiser General Counsel and Secretary	◇	—	◇	—	◇	—	◇	◇
Mike Ellis Chief Development Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Osanloo Former President and Chief Executive Officer Departed during or after this year	◇	—	◇	◇	—	—	◇	◇
Michelle Hook Chief Financial Officer and Treasurer	◇	—	◇	—	—	—	◇	◇
Michael Miles Jr. Interim President and Chief Executive Officer	◇	—	◇	—	—	—	◇	◇
Tony Darden Chief Operating Officer	◇	—	◇	—	—	—	◇	◇
Jill Waite Chief People Officer	◇	—	◇	—	—	—	◇	◇
Kelly Kaiser General Counsel and Secretary	◇	—	◇	—	—	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Jill Waite	RSU	◇	—	—	◇	—	—	◇
Jill Waite	PSU	◇	—	◇	—	◇	—	◇
Jill Waite	RSU	◇	—	—	◇	—	—	◇
Kelly Kaiser	RSU	◇	—	—	◇	—	—	◇
Kelly Kaiser	RSU	◇	—	—	◇	—	—	◇
Kelly Kaiser	PSU	◇	—	◇	—	◇	—	◇
Michael A. Miles Jr.	RSU	◇	—	—	◇	—	—	◇
Michael A. Miles Jr.	RSU	◇	—	—	◇	—	—	◇
Michael Osanloo	PSU	◇	—	◇	—	◇	—	◇
Michael Osanloo	OPTION	◇	—	—	◇	—	◇	◇
Michelle Hook	RSU	◇	—	—	◇	—	—	◇
Michelle Hook	PSU	◇	—	◇	—	◇	—	◇
Michelle Hook	RSU	◇	—	—	◇	—	—	◇
Tony Darden	PSU	◇	—	◇	—	◇	—	◇
Tony Darden	RSU	◇	—	—	◇	—	—	◇
Tony Darden	RSU	◇	—	—	◇	—	—	◇

Fiscal 2022 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Michael Miles Jr.	RSU	◇	◇	—	—
Michelle Hook	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Tony Darden	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Jill Waite	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Kelly Kaiser	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ann Bordelon	◇	◇	—	—	—	—	◇
Gerard J. Hart	◇	◇	—	—	—	—	◇
Joshua A. Lutzker	—	◇	—	—	—	—	◇
Jack Hartung	—	◇	—	—	—	—	◇
Paulette Dodson	◇	◇	—	—	—	—	◇
Noah Glass	◇	◇	—	—	—	—	◇
Eugene I. Lee Jr	—	◇	—	—	—	—	◇

Michael A. Miles Jr and Brett Patterson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Lead independent director premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

BJ's Restaurants, Inc. BJRI
Cava Group, Inc. CAVA
Dave & Buster's Entertainment, Inc. DAVE
Denny's Corporation DENN
Dine Brands Global, Inc. DIN
Dutch Bros Inc. BROS
El Pollo Loco Holdings, Inc. ELO
First Watch Restaurant Group, Inc. FWRG
Kura Sushi USA Inc. KRUS
Papa John's International, Inc. PZZA
Shake Shack Inc. SHAK
Sweetgreen, Inc. SG
The Wendy's Company WEN
Wingstop Inc. WING

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	June 9, 2026	=	◇	◇	◇
2024	June 10, 2025	=	◇	◇	◇
2023	June 3, 2024	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Michael Miles Jr. (Interim President and Chief Executive Officer), FY2025 total compensation $1,467,689 (base salary $16,319) [exec_comp, SEC accession 0001871509-26-000024, filed 2026-04-17]

See a complete sample report

What this page does not include

Everything above is a fact Portillo's disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Portillo's sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

Inquire about access

Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

Velarion Intelligence

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

224 figures on this page: 221 cited to the filing that reported them, 3 calculated from figures it prints.

221 cited to the filing

3 calculated from the filing

Documents cited

8-K, filed June 12, 2026
0001871509-26-000041
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 17, 2026
0001871509-26-000024
CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
8-K, filed June 13, 2025
0001871509-25-000108
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 28, 2025
0001871509-25-000071
Summary Compensation Table
8-K, filed June 5, 2024
0001871509-24-000091
DEF 14A, filed May 11, 2023
0001871509-23-000062
Summary Compensation Table

Cite this data

This page is free to cite. Attribution we ask for:

Velarion, “Portillo's executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PTLO (accessed 2026).

Short form: data: Velarion

The paid brief for Portillo's

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$500 for the Executive Compensation Report. Both reports for $900.

Get the executive brief Get the board briefNo account needed.

6 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

Embed this data

A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.

The headline figures, each with its citation.

<iframe src="https://intel.velarion.ai/comp/PTLO/embed" width="560" height="480" style="border:1px solid #d8dee8;border-radius:10px" loading="lazy" title="Portillo's executive compensation, from Velarion"></iframe>

Connect an AI assistant

Ask your own assistant about Portillo's and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.

{
  "mcpServers": {
    "velarion": {
      "type": "http",
      "url": "https://api.velarion.ai/mcp"
    }
  }
}

Setup guide and the full list of questions it answers

Gaming & Lodging rankings

Chief executive pay — Gaming & Lodging CEO pay ratio — Gaming & Lodging Say-on-pay support — Gaming & Lodging

Peers Portillo's discloses

The companies named in PTLO's own disclosed peer group.

BJ's Restaurants, Inc.Cava Group, Inc.Dave & Buster's Entertainment, Inc.Denny's Corporation Dine Brands Global, Inc.Dutch Bros Inc.First Watch Restaurant Group, Inc.Kura Sushi USA Inc.Papa John's International, Inc.Shake Shack Inc.Sweetgreen, Inc.The Wendy's Company Wingstop Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Portillo's

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

What this page does not include

Citations

Documents cited

The paid brief for Portillo's

Gaming & Lodging rankings

Peers Portillo's discloses

Terms on this page