Jill Waite's departure as Chief People Officer of Portillo's Inc. was reported, effective November 1, 2026; the filing names no successor. As of November 7, 2026, Portillo's Inc. has reported 5 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 5, 2026 to October 6, 2026, naming 3 appointments and 1 departure (Form 8-K, October 6, 2026).
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Key facts
- · In / out: Out · Person: Jill Waite · Role: Chief People Officer · Effective: 2026-11-01 · 8-K, 2026-10-06
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-08-04
- · In / out: In · Person: Pamela Smith · Role: Chief Financial Officer · Effective: 2026-06-29 · 8-K, 2026-06-30
- · In / out: In · Person: Pamela Smith · Role: Chief Financial Officer · Effective: 2026-05-20 · 8-K, 2026-05-21
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-05-05
Portillo's Inc. reported changes in 5 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-05 to 2026-10-06. They name 2 people, with 3 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Portillo's Inc. files it.
Layoffs on record: 1 filing or notice, latest 2026-11-05 (layoff filings and notices).
Also on the record for Portillo's Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 14, 2026 | Stake report, Schedule 13G/A, by AllianceBernstein L.P. | 0.1% of the class | 5%+ stakes | Source |
| August 14, 2026 | Stake report, Schedule 13G/A, by ORBIS INVESTMENT MANAGEMENT LTD | 5.7% of the class | 5%+ stakes | Source |
| May 15, 2026 | Stake report, Schedule 13G/A, by ORBIS INVESTMENT MANAGEMENT LTD | 9.8% of the class | 5%+ stakes | Source |
| March 27, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
| February 17, 2026 | Stake report, Schedule 13G/A, by ORBIS INVESTMENT MANAGEMENT LTD | 9.7% of the class | 5%+ stakes | Source |
| January 30, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | 5.53% of the class | 5%+ stakes | Source |
| November 14, 2025 | Stake report, Schedule 13G/A, by AllianceBernstein L.P. | 7.7% of the class | 5%+ stakes | Source |
| November 14, 2025 | Stake report, Schedule 13G/A, by Ameriprise Financial, Inc. | 2.7% of the class | 5%+ stakes | Source |
| November 14, 2025 | Stake report, Schedule 13G/A, by ORBIS INVESTMENT MANAGEMENT LTD | 9.5% of the class | 5%+ stakes | Source |
| October 30, 2025 | Stake report, Schedule 13G/A, by The Vanguard Group | 7.22% of the class | 5%+ stakes | Source |
| October 22, 2025 | Stake report, Schedule 13D/A, by Engaged Capital LLC | 2.1% of the class | 5%+ stakes | Source |
| September 11, 2025 | Stake report, Schedule 13D/A, by Engaged Capital LLC | 7% of the class | 5%+ stakes | Source |
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More on Portillo's Inc. and the records around it.
Portillo's Inc. elsewhere on the record
- 5%+ stake filings Aug 2026
- Who owns it
Companies that share a holder
- Engaged Capital Flagship Master Fund, LP also filed stake reports on 1 other company: BRC Inc. (Jan 2026)
- ORBIS INVESTMENT MANAGEMENT LTD also filed stake reports on 23 other companies: RXO, Inc. (Nov 2026), National CineMedia, Inc. (Sep 2026), BBB FOODS INC (Aug 2026)
- Ameriprise Financial, Inc. also filed stake reports on 65 other companies: Universal Electronics Inc. (Sep 2026), America's Car-Mart, Inc. (Aug 2026), Ampco-Pittsburgh Corporation (Aug 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-06 | Out | Chief People Officer | 2026-11-01 | 8-K, 2026-10-06 | |
| 2026-08-04 | Reported | not named in the filing | 8-K, 2026-08-04 | ||
| 2026-06-30 | In | Chief Financial Officer | 2026-06-29 | 8-K, 2026-06-30 | |
| 2026-05-21 | In | Chief Financial Officer | 2026-05-20 | 8-K, 2026-05-21 | |
| 2026-05-21 | In | 8-K, 2026-05-21 | |||
| 2026-05-05 | Reported | not named in the filing | 8-K, 2026-05-05 |
Who leads Portillo's Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief People Officer: Jill Waite, departure reported, effective 2026-11-01 (filed 2026-10-06). No successor is named in these filings.
- Chief Financial Officer: Pamela Smith, appointed, effective 2026-06-29 (filed 2026-06-30).
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Find candidates like Chief People Officer at Portillo's Inc.Every change, in the filing's words
Departing: Jill Waite, Chief People Officer, effective 2026-11-01
On October 5, 2026, Portillo's, Inc. (the "Company") and Jill Waite, the Company's Chief People Officer, agreed that Ms. Waite will depart from the Company effective November 1, 2026 ("Termination Date").
- Ms. Waite's departure from the Company will be treated as a qualifying termination entitling her to certain benefits under the Company's Senior Executive Severance Plan (the "SESP").
- The Company intends to enter into a Separation Agreement with Ms. Waite at a later date, which the Company expects will include a general release of claims and certain customary protective covenants in favor of the Company, including certain confidentiality, non-competition, employee and customer non-solicitation, non-disparagement provisions, and an agreement to cooperate and assist with claims (the "Release").
- In addition, Ms. Waite's outstanding stock option awards granted to her on August 7, 2019 will remain exercisable until the 10th anniversary of the grant date.
- Additionally, and subject to the timely execution and non-revocation of the Release, the Company expects that the Separation Agreement will provide for Ms. Waite's 19,795 and 6,282 Restricted Stock Units, which were scheduled to vest on April 15, 2027 and May 2, 2027, respectively, to vest effective as of November 2, 2026.
- Any other equity awards that are outstanding as of the Termination Date will be forfeited effective on the date following the Termination Date.
Reported
In connection with his appointment and pursuant to the terms of his Offer Letter, the Company will grant Mr. Kalicak a one time sign on award of an amount of RSUs with a grant date value of $825,000 to be determined on the grant date, which RSUs will vest ratably over three years, subject to Mr. Kalicak's continued employment with the Company through each vesting date.
- On August 4, 2026, Portillo's Inc. (the "Company" or the "Registrant") announced that Kevin Kalicak, 53, who most recently served as an Officer of Darden Restaurants, Inc. and Senior Vice President of Finance for Olive Garden, will join the Company as its Chief Financial Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer), effective September 7, 2026.
- Mr. Kalicak will succeed Ms. Pamela Smith, who has served as the Company's Interim Chief Financial Officer since May 20, 2026.
- Prior to assuming his role as Senior Vice President of Finance for Olive Garden in 2024, Mr. Kalicak served as Darden's Senior Vice President, Finance and Investor Relations from 2021 to 2024.
- Before that, he led Financial Planning and Analysis and Investor Relations for Darden from 2015 to 2021.
- He graduated with a Bachelor of Business Administration - Accounting from Georgia Southern University and earned a Master of Business Administration from the University of Central Florida with a concentration in Finance.
Appointed: Pamela Smith, Chief Financial Officer, effective 2026-06-29
In addition, effective as of June 29, 2026, the Company designated Ms. Smith to serve as Treasurer of the Company during the term of her engagement as Interim Chief Financial Officer, with such duties and authority as are customary for such role and subject to the Company's delegation of authority policy.
- Amendment to Interim Chief Financial Officer's Agreement On June 29, 2026, Portillo's Inc. (the "Company") entered into Amendment No. 1 (the "Amendment") to the independent contractor agreement between Pamela Smith and the Company, dated May 20, 2026 (the "Agreement"), pursuant to which Ms. Smith serves as Interim Chief Financial Officer and principal accounting officer.
- The Amendment extends the term of Ms. Smith's service as Interim Chief Financial Officer through the earlier to occur of (i) December 31, 2026 or (ii) the appointment of a permanent Chief Financial Officer of the Company.
- Other than the foregoing, the material terms of the Agreement, including Ms. Smith's compensation and responsibilities, remain unchanged.
Appointed: Pamela Smith, Chief Financial Officer, effective 2026-05-20
On May 20, 2026, the Board of Directors of Portillo's Inc. (the "Company") appointed Pamela Smith to serve as Interim Chief Financial Officer, effective May 20, 2026.
Appointed: Pamela Smith
Ms. Smith will serve as the Company's principal financial officer and principal accounting officer, replacing Michelle Hook in both roles in connection with Ms. Hook's previously announced departure, and continuing until one or more successors is appointed for each respective role.
- Ms. Smith, age 59, has served as Founder and CEO of a boutique advisory firm providing interim financial leadership and strategic planning support to public, private, and non-profit organizations in the manufacturing and service industries since 2017.
- Previously, she served as Senior Vice President, Corporate Financial Planning & Analysis for Est e Lauder Companies from 2014 until 2016 and prior to that role, she held the position of Senior Vice President/CFO, Financial Planning & Analysis at Redbox from 2013 through 2014.
- In connection with Ms. Smith's appointment, Ms. Smith and the Company entered into an independent contractor agreement, dated May 20, 2026 (the "Agreement"), pursuant to which Ms. Smith will serve as Interim Chief Financial Officer.
- The Agreement is effective May 20, 2026 and expires July 1, 2026 unless earlier terminated or extended in accordance with the Agreement.
- Pursuant to the Agreement, Ms. Smith will be compensated at a rate of $14,000 per week, subject to proration for partial weekly periods, and will be reimbursed for reasonable airfare, travel and accommodation expenses consistent with the Company's travel policy.
- Ms. Smith will not be eligible to participate in any of the Company's employee benefit plans or equity incentive compensation programs.
Reported
On April 30, 2026, Michelle Hook informed the Chief Executive Officer and General Counsel and Secretary of Portillo's Inc. (the "Company") that she will depart from her role as Chief Financial Officer of the Company, effective May 5, 2026.
- The Board has initiated a process to identify her successor and has engaged a leading global executive search firm to assist in the search process.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.