Engaged Capital Reaches Agreement with Portillo’s to Strengthen Board

Bloomberg Law, Yahoo! Finance and Restaurant Business reported on the agreement reached between Olshan client Engaged Capital and fast-casual restaurant Portillo's Inc. (Nasdaq: PTLO) pursuant to which Portillo's and Engaged Capital will cooperate to identify a new director with recent relevant restaurant operating experience to be appointed to the company’s board of directors. Vice Chair of Olshan’s Shareholder Activism Practice Group Ryan Nebel and associates Ian Engoron and Joseph Ferrone represented Engaged Capital in connection with its investment in Portillo’s.