{"id":4614,"date":"2025-03-10T18:59:22","date_gmt":"2025-03-10T18:59:22","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/portillos-activist-campaign-offers-taste-of-what-many-companies-will-face-this-year\/"},"modified":"2025-03-10T18:59:22","modified_gmt":"2025-03-10T18:59:22","slug":"portillos-activist-campaign-offers-taste-of-what-many-companies-will-face-this-year","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/portillos-activist-campaign-offers-taste-of-what-many-companies-will-face-this-year\/","title":{"rendered":"Portillo&#8217;s Activist Campaign Offers Taste of What Many Companies Will Face This Year"},"content":{"rendered":"\n<div data-v-e97bc92c=\"\">\n<div data-v-e97bc92c=\"\">\n<p>U.S. public companies faced a record number of shareholder activist campaigns last year and likely will eclipse that record in 2025\u2014putting C-suites and legal departments under extraordinary pressure.<\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-e97bc92c=\"\">\n<p>Last week, activist Engaged Capital went after Chicago-based Portillo&#8217;s, which operates 94 hot dog and Italian beef restaurants, publicly nominating two restaurant industry veterans for the board\u2014Charlie Morrison, a former CEO of Salad and Go and Wingstop, and Nicole Portwood, a former chief marketing officer of Salad and Go. The Newport, California-based investor, which owns nearly 9% of Portillo&#8217;s stock, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250303691768\/en\/Engaged-Capital-Nominates-Two-Highly-Qualified-Independent-Candidates-for-Election-to-Portillo%E2%80%99s-Board-of-Directors\" target=\"_blank\" link-data=\"{\" cms.site.owner=\"\" rel=\"noopener nofollow\">issued its press release<\/a> after Portillo&#8217;s rebuffed its private overtures to add Morrison.<\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. public companies faced a record number of shareholder activist campaigns last year and likely will eclipse that record in 2025\u2014putting C-suites and legal departments under extraordinary pressure. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[5019,375,1046,422,1932,5018,5020,656],"class_list":["post-4614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-activist","tag-campaign","tag-companies","tag-face","tag-offers","tag-portillos","tag-taste","tag-year"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4614"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/4615"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}