Portillo's CEO Michael Osanloo's 2021 pay jumps 1,894% to $31M
Portillo's reports 2021 executive compensation
By ExecPay News
Published: May 9, 2022
Portillo's reported fiscal year 2021 executive compensation information on May 9, 2022.
In 2021, three Portillo's executives received on average a compensation package of $14M, a 1,234% increase compared to previous year.
Average pay of disclosed executives at Portillo's
Michael Osanloo, Chief Executive Officer, received $31M in total, which increased by 1,894% compared to 2020. 76% of Osanloo's compensation, or $24M, was in option awards. Osanloo also received $1.7M in bonus, $1M in non-equity incentive plan, $791K in salary, $3.9M in stock awards, as well as $49K in other compensation.
Sherri Abruscato, Chief Development and Supply Chain Officer, received a compensation package of $6.3M, which increased by 999% compared to previous year. 78% of the compensation package, or $4.9M, was in option awards.
Michelle Hook, Chief Financial Officer, earned $5.2M in 2021.
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Source: SEC filing on May 9, 2022.