Osanloo Becomes P.F. Chang's CEO

Former Kraft executive takes a leadership position with the polished casual dining chain.

Michael Osanloo is the new chief executive officer for P.F. Chang's, a polished casual dining chain owned by multi-concept operator Wok HoldCo LLC.

Osanloo joins P.F. Chang's from Kraft Foods, where he served as executive vice president and president of Kraft Food Group's Grocery Business Unit in North America since October 2010. He previously led Kraft's Global Strategy and Mergers and Acquisitions units. Prior to joining Kraft Foods, Osanloo held a variety of senior marketing and operational roles at Caesars Entertainment and served as a partner in the retail and consumer products practice at Bain & Company.

Rick Federico will remain as full-time executive chairman of Wok HoldCo, which also operates Pei Wei and holds a majority interest in True Food Kitchen.

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