El Pollo Loco’s (Nasdaq: LOCO) board of directors have appointed Elizabeth “Liz” Williams as the restaurant chain’s new chief executive, effective March 11. Williams succeeds interim CEO Maria Hollandsworth.
McDonald’s, Chipotle, Starbucks, Taco Bell, Shake Shack, In-N-Out Burger and other fast-food restaurants hope they dodged a bullet in the minimum wage hike.