Condado Tacos has named Derrick Pratt as its new CEO, effective July 1. Pratt joins the company from Portillo’s, where he has served as chief operating officer since 2021, leading operations, real estate development, marketing, and supply chain management. In that role, Pratt helped implement various technology initiatives and increased net promoter and guest satisfaction scores. He also helped lead the organization through its IPO in 2021.
He was named senior vice president of restaurants for Portillo’s in September 2020. Prior, he served as regional vice president of operations at Starbucks, a role he held from May 2009 to August 2020. From 1986 to 2008, he served in various vice president-level positions at McDonald’s and was also a franchise owner/operator.
“Derrick brings a wealth of experience in running successful growth-oriented restaurant brands and has an exceptionally strong track record of guiding companies through periods of significant expansion through strong leadership and innovation. Condado Tacos has doubled over the last three years to 50 locations across 10 states and 18 markets to date, and we are thrilled to have Derrick lead the company through its next phase of growth.” John G. Troiano, chairman of the board, said in a statement.
Condado opened its first location in Columbus, Ohio, in 2014. In 2020, the company announced an investment partnership with New York-based private-equity firm The Beekman Group LLC. The company ended 2023 with about $151 million in sales, a 15.5% increase over 2022, according to Technomic Ignite data.
“I’m excited to join the Condado Tacos family in this leadership role as we focus on strategic expansion, operational processes and people development,” Pratt said in a statement. “I aligned quickly with the Condado team on a shared vision and strategy to pair best-in-class operations with craveable food in a unique ‘Come As You Are’ culture and environment. I believe that (founder) Joe Kahn and the rest of the management team have built something truly special, and I look forward to the opportunity to work with the entire Condado team to lead and scale this authentic and differentiated restaurant brand.”
Contact Alicia Kelso at [email protected]