El Pollo Loco CEO resigns

El Pollo Loco Holdings Inc. announced the resignation of Bernard Acoca, the chicken chain’s chief executive, to pursue other opportunities on Friday. Chief Financial Officer Laurance Roberts will serve as interim CEO and Acoca will continue to provide consulting services during the transition. Roberts has been with the company for eight years and was previously CFO and COO of Kentucky Fried Chicken, a Yum Brands Inc. chain. El Pollo Loco stock is down 7.7% for the year to date while the S&P 500 index has gained 18.2% for the period.

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