El Pollo Loco Holdings, Inc. Announces Leadership Transition Plan; Laurance Roberts To Leave El Pollo Loco After 10 Years Of Service As CEO And CFO; COO Maria Hollandsworth Named Interim President And CEO; Company Has Initiated A Search For A New CEO
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El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) announced a leadership transition plan. Laurance Roberts, who served as CEO and CFO for 10 years, is leaving the company. Maria Hollandsworth, the current COO, has been named Interim President and CEO. The company has initiated a search for a new CEO.
November 02, 2023 | 9:21 pm
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El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) is undergoing a leadership transition with the departure of CEO and CFO Laurance Roberts. COO Maria Hollandsworth has been named Interim President and CEO.
Leadership transitions can create uncertainty, but the company has a plan in place, with COO Maria Hollandsworth stepping in as Interim President and CEO. The impact on the stock price will depend on the market's perception of this change and the eventual choice of a new CEO.
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