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El Pollo Loco Appoints Joe Taylor to its Board of Directors

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El Pollo Loco, the nation’s leading fire-grilled chicken restaurant chain, has appointed Joe Taylor as an independent director on its Board of Directors, effective January 13, 2025. Taylor will also serve on the Audit Committee. His appointment follows the board’s expansion from seven to eight members.

William Floyd, Chairperson of El Pollo Loco’s Board, expressed excitement over Taylor's addition, emphasizing his extensive experience in restaurant and finance leadership. Taylor's 25-year tenure at Brinker International, where he most recently held the position of executive vice president and chief financial officer until his retirement in June 2024, is noted as a key asset for El Pollo Loco's growth strategy.

In his career at Brinker, which owns Chili’s Grill & Bar and Maggiano’s Little Italy, Taylor held leadership roles in finance, investor relations, restaurant development, risk management, corporate affairs, and communications. Before Brinker, Taylor spent nearly 18 years in the banking industry, holding various client-related and corporate finance positions.

Taylor is also actively engaged in the restaurant industry, having held leadership positions with multiple trade associations, including the National Restaurant Association and its Educational Foundation.

El Pollo Loco, la catena di ristoranti di pollo alla griglia più importante della nazione, ha nominato Joe Taylor come direttore indipendente nel suo Consiglio di Amministrazione, con effetto dal 13 gennaio 2025. Taylor farà anche parte del Comitato di Revisione. La sua nomina segue l'espansione del consiglio da sette a otto membri.

William Floyd, presidente del Consiglio di El Pollo Loco, ha espresso entusiasmo per l'aggiunta di Taylor, sottolineando la sua vasta esperienza nella leadership nel settore della ristorazione e della finanza. I 25 anni di carriera di Taylor presso Brinker International, dove ha ricoperto l'incarico di vicepresidente esecutivo e direttore finanziario fino al suo ritiro a giugno 2024, sono considerati un importante patrimonio per la strategia di crescita di El Pollo Loco.

Durante la sua carriera in Brinker, che possiede Chili’s Grill & Bar e Maggiano’s Little Italy, Taylor ha ricoperto ruoli di leadership in finanza, relazioni con gli investitori, sviluppo ristorativo, gestione dei rischi, affari aziendali e comunicazione. Prima di entrare in Brinker, Taylor ha trascorso quasi 18 anni nell'industria bancaria, ricoprendo varie posizioni legate ai clienti e alla finanza aziendale.

Taylor è anche attivamente coinvolto nell'industria della ristorazione, avendo ricoperto posizioni di leadership in diverse associazioni di categoria, tra cui la National Restaurant Association e la sua Fondazione Educativa.

El Pollo Loco, la cadena de restaurantes de pollo a la parrilla líder en el país, ha nombrado a Joe Taylor como director independiente en su Junta Directiva, con efecto a partir del 13 de enero de 2025. Taylor también formará parte del Comité de Auditoría. Su nombramiento sigue a la expansión de la junta de siete a ocho miembros.

William Floyd, presidente de la Junta de El Pollo Loco, expresó su entusiasmo por la incorporación de Taylor, destacando su amplia experiencia en liderazgo en restaurantes y finanzas. La carrera de 25 años de Taylor en Brinker International, donde ocupó recientemente el cargo de vicepresidente ejecutivo y director financiero hasta su jubilación en junio de 2024, se considera un activo clave para la estrategia de crecimiento de El Pollo Loco.

En su carrera en Brinker, que posee Chili’s Grill & Bar y Maggiano’s Little Italy, Taylor ocupó roles de liderazgo en finanzas, relaciones con inversores, desarrollo de restaurantes, gestión de riesgos, asuntos corporativos y comunicaciones. Antes de Brinker, Taylor pasó casi 18 años en la industria bancaria, ocupando diversas posiciones relacionadas con los clientes y finanzas corporativas.

Taylor también está activamente involucrado en la industria de restaurantes, habiendo ocupado posiciones de liderazgo en múltiples asociaciones comerciales, incluida la Asociación Nacional de Restaurantes y su Fundación Educativa.

엘 폴리오 로코, 국가에서 가장 큰 화덕에서 구운 치킨 레스토랑 체인, 가 조 테일러를 독립 이사로 이사회에 임명하였습니다. 이는 2025년 1월 13일부터 시행됩니다. 테일러는 감사 위원회에도 참여하게 됩니다. 그의 임명은 이사회가 7명에서 8명으로 확장된 이후 이루어졌습니다.

엘 폴리오 로코의 이사회 의장인 윌리엄 플로이드 씨는 테일러의 추가에 대한 기대감을 표명하면서 그의 레스토랑 및 재무 리더십에 대한 광범위한 경험을 강조했습니다. 테일러는 브링커 인터내셔널에서 25년간 재직했으며, 최근에는 2024년 6월 퇴직할 때까지 총괄 부사장 겸 최고 재무 책임자로 재직한 경험이 엘 폴리오 로코의 성장 전략에 중요한 자산으로 여겨지고 있습니다.

브링커에서의 경력 동안 테일러는 칠리’s 그릴 & 바 및 마지아노스 리틀 이탈리와 같은 레스토랑 소유주인 브링커에서 재무, 투자자 관계, 레스토랑 개발, 리스크 관리, 기업 업무 및 커뮤니케이션 분야에서 리더십 역할을 맡았습니다. 브링커 이전에는 거의 18년 동안 은행업계에서 다양한 고객 관련 및 기업 재무 직책을 맡았습니다.

테일러는 레스토랑 산업에도 적극적으로 참여하고 있으며, 국가 레스토랑 협회와 그 교육 재단을 포함한 여러 무역 협회에서 리더십 직책을 맡아왔습니다.

El Pollo Loco, la chaîne de restaurants de poulet grillé la plus importante du pays, a nommé Joe Taylor en tant que directeur indépendant au sein de son conseil d'administration, à compter du 13 janvier 2025. Taylor siégera également au comité d'audit. Sa nomination fait suite à l'augmentation du conseil de sept à huit membres.

William Floyd, président du conseil d'El Pollo Loco, a exprimé son enthousiasme quant à l'ajout de Taylor, soulignant son vaste expérience en leadership dans les secteurs de la restauration et des finances. Les 25 ans de Taylor chez Brinker International, où il a occupé le poste de vice-président exécutif et directeur financier jusqu'à sa retraite en juin 2024, sont considérés comme un atout clé pour la stratégie de croissance d'El Pollo Loco.

Au cours de sa carrière chez Brinker, qui possède Chili’s Grill & Bar et Maggiano’s Little Italy, Taylor a occupé des postes de leadership dans les domaines des finances, des relations avec les investisseurs, du développement de restaurants, de la gestion des risques, des affaires corporatives et de la communication. Avant Brinker, Taylor a passé près de 18 ans dans le secteur bancaire, occupant divers postes liés aux clients et à la finance d'entreprise.

Taylor est également activement engagé dans l'industrie de la restauration, ayant occupé des postes de leadership au sein de plusieurs associations professionnelles, notamment la National Restaurant Association et sa fondation éducative.

El Pollo Loco, die führende Kette von Feuer-gegrillten Hühnerrestaurants im Land, hat Joe Taylor als unabhängigen Direktor in seinen Vorstand berufen, ab dem 13. Januar 2025. Taylor wird auch im Prüfungsausschuss tätig sein. Seine Ernennung folgt der Erweiterung des Vorstands von sieben auf acht Mitglieder.

William Floyd, Vorsitzender des Vorstands von El Pollo Loco, äußerte sich erfreut über Taylors Hinzunahme und betonte seine umfangreiche Erfahrung in der Gastronomie- und Finanzführung. Taylors 25-jährige Tätigkeit bei Brinker International, wo er zuletzt bis zu seiner Pensionierung im Juni 2024 als Executive Vice President und Chief Financial Officer tätig war, wird als ein wichtiges Asset für die Wachstumsstrategie von El Pollo Loco angesehen.

In seiner Karriere bei Brinker, dem Eigentümer von Chili’s Grill & Bar und Maggiano’s Little Italy, hatte Taylor Führungspositionen in den Bereichen Finanzen, Investor Relations, Restaurantentwicklung, Risikomanagement, Unternehmensangelegenheiten und Kommunikation inne. Vor Brinker verbrachte Taylor fast 18 Jahre in der Bankenbranche, wo er verschiedene kundenbezogene und Corporate Finance-Positionen innehatte.

Taylor ist auch aktiv in der Gastronomie tätig und hat Führungspositionen in verschiedenen Handelsverbänden inne, darunter die National Restaurant Association und ihre Bildungsstiftung.

Positive
  • Appointment of Joe Taylor, with 25 years of experience at Brinker International, as an independent director.
  • Taylor's extensive background in finance, investor relations, and restaurant development.
  • Expansion of the Board of Directors from seven to eight members, potentially bringing fresh perspectives.
Negative
  • Potential concerns about continuity and experience gaps as Taylor recently retired from Brinker in June 2024.

Corporate Finance and Restaurant Industry Leader Joins El Pollo Loco’s Board of Directors

COSTA MESA, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- El Pollo Loco, Inc. (“El Pollo Loco” or “the Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, announced today it appointed Joe Taylor as an independent director who will also serve on the Audit Committee, effective January 13, 2025. The election of Mr. Taylor fills the vacancy on the Company’s Board of Directors that was created as a result of an increase in the size of the Board from seven (7) to eight (8) directors.

“I am thrilled to welcome Joe to our Board of Directors. His depth of restaurant and finance leadership experience will be a tremendous asset to El Pollo Loco. He comes at a time when the brand is well positioned to grow, and we are certain his 25 years’ experience in leadership roles at Brinker will help support that growth into 2025 and beyond,” said William Floyd, Chairperson of El Pollo Loco’s Board of Directors.

Mr. Taylor most recently served as executive vice president and chief financial officer at Brinker International, Inc. (“Brinker”) until his retirement in June 2024. Brinker is one of the world’s leading casual dining restaurant companies and home of Chili’s® Grill & Bar, Maggiano’s Little Italy®. During his tenure at Brinker, Mr. Taylor served in various leadership roles in finance, investor relations, restaurant development, risk management, corporate affairs and communications for Brinker and its brands. Prior to joining Brinker, Joe spent nearly 18 years in the banking industry in several client-related and corporate finance positions. Mr. Taylor actively engages with the restaurant industry and has held leadership positions with multiple trade associations. He is director emeritus of the National Restaurant Association and trustee emeritus of the National Restaurant Association Educational Foundation.

About El Pollo Loco 
El Pollo Loco (Nasdaq: LOCO) is the nation's leading fire-grilled chicken restaurant known for its craveable, flavorful, and better-for-you offerings. Recently voted as the #1 “Best Restaurant for Quick, Healthy Food” in USA TODAY’s 10 Best Readers’ Choice Awards, our menu features innovative meals with Mexican flavors made daily in our restaurants using quality ingredients. At El Pollo Loco, inclusivity is at the heart of our culture. Our community of over 4,000 employees reflects our commitment to creating a workplace where everyone has a seat at our table. Since 1980, El Pollo Loco has successfully expanded its presence, operating more than 495 company-owned and franchised restaurants across seven U.S. states: Arizona, California, Colorado, Nevada, Texas, Utah, and Louisiana. The company has also extended its footprint internationally, with ten licensed restaurant locations in the Philippines. For more information or to place an order, visit the Loco Rewards app or ElPolloLoco.com. Follow us on Instagram, TikTok, Facebook, or X.

Forward-Looking Statements 
This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact included in this press release are forward-looking statements. Forward-looking statements discuss our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements because they do not relate strictly to historical or current facts. These statements may include words such as “well-positioned” and “support,” the negatives thereof and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. They appear in a number of places throughout this press release and statements regarding the expected results of our initiatives and our ability to capture opportunities and attract franchisees and grow development, as well as our ongoing business intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, sales levels, liquidity, prospects, growth, strategies and the industry in which we operate. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those that we expected. 

While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. You should evaluate all forward-looking statements made in this press release in the context of the risks and uncertainties that could cause outcomes to differ materially from our expectations. These factors include, but are not limited to: global economic or other business conditions that may affect the desire or ability of our customers to purchase our products such as inflationary pressures, high unemployment levels, increases in gas prices, and declines in median income growth, consumer confidence and consumer discretionary spending; our ability to open new restaurants in new and existing markets, including difficulty in finding sites and in negotiating acceptable leases; our ability to compete successfully with other quick-service and fast casual restaurants; vulnerability to changes in political and economic conditions and consumer preferences; our ability to attract, develop, assimilate and retain employees; vulnerability to conditions in the greater Los Angeles area and to natural disasters given the geographic concentration and real estate intensive nature of our business; the impacts of the uncertainty regarding a potential resurgence of COVID-19 or another pandemic, epidemic or infectious disease outbreak on our company, our employees, our customers, our partners, our industry and the economy as a whole, as well as our franchisees’ ability to operate their individual restaurants without disruption; the possibility that we may continue to incur significant impairment of certain of our assets, in particular in our new markets; changes in food and supply costs, especially for chicken, labor, construction and utilities; social media and negative publicity, whether or not valid, and our ability to respond to and effectively manage the accelerated impact of social media; our ability to continue to expand our digital business, delivery orders and catering; and other risks set forth in our filings with the Securities and Exchange Commission from time to time, including under Item 1A, Risk Factors in our annual report on Form 10K for the year ended December 2024, as such risk factors may be amended, supplemented or superseded from time to time by other reports we file with the Securities and Exchange Commission, all of which are or will be available online at www.sec.gov.

We caution you that the important factors referenced above may not contain all of the factors that are important to you. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences we anticipate or affect us or our operations in the ways that we expect. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements. We qualify all of our forward-looking statements by these cautionary statements. 

Investor Contact:
Jeff Priester
ICR
Investors@elpolloloco.com

Media Contact:
Brittney Shaffer
media@elpolloloco.com


FAQ

Who is the new independent director appointed to El Pollo Loco's Board in January 2025?

Joe Taylor has been appointed as an independent director and will also serve on the Audit Committee.

What experience does Joe Taylor bring to El Pollo Loco's Board of Directors?

Joe Taylor has 25 years of leadership experience at Brinker International, including roles in finance, investor relations, and restaurant development.

What impact might the appointment of Joe Taylor have on El Pollo Loco (LOCO) shareholders?

Joe Taylor's extensive experience in finance and restaurant management is expected to support El Pollo Loco's growth strategy, potentially benefiting shareholders.

Why did El Pollo Loco expand its Board of Directors in January 2025?

El Pollo Loco expanded its Board from seven to eight members to include Joe Taylor, aiming to leverage his extensive industry experience.

What roles did Joe Taylor hold at Brinker International before joining El Pollo Loco's Board?

Joe Taylor served as executive vice president and chief financial officer at Brinker International, overseeing finance, investor relations, and other key areas.

How might Joe Taylor's retirement from Brinker International affect his role at El Pollo Loco?

While Taylor's recent retirement from Brinker raises potential continuity concerns, his extensive experience is seen as a valuable asset for El Pollo Loco.

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