El Pollo Loco

Financing

El Pollo Loco's private equity investor finally heads for the exits, after 18 years

Trimaran Capital Partners, which first invested in the chicken chain in 2005 and took it public in 2014, is liquidating its holdings in the chain.

Leadership

Remembering Jerry Richardson, the football star who built Hardee's

Restaurant Rewind: The man knew biscuits and burgers as well as he knew the route to the Super Bowl.

A former owner of the Carolina Panthers NFL team, the North Carolina native made his money as a Hardee's franchisee. He would later operate Quincy's, Denny's and El Pollo Loco, among other restaurant brands.

The success of a birria LTO last year has sparked a series of LTOs that have helped the brand broaden the menu and connect with a younger audience.

Hollandsworth was previously the regional vice president of operations for Dunkin’ and also spent about 20 years at Jack in the Box.

Depending on when a replacement is hired, though, it could be many months before Lozano leaves the 481-unit chicken chain.

The Mexican-born chain not only had to stay true to its Hispanic customer base, it had to scale up the recipe for 481 locations.

Fils, who had been with the Yum Brands’ burger concept since 2008, has also worked at Mimi’s Café and Rubio’s Restaurants.

Sales are up, but inflation and supply chain issues continue to cause stress for smaller, publicly traded restaurant chains.

Roberts has served as interim CEO and CFO since last fall, following the departure of Bernard Acoca, who left to take the top post at Zaxby’s.

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