SAN DIEGO--(BUSINESS WIRE)--Jan. 26, 2018--
Jack in the Box Inc. (NASDAQ: JACK) today announced two leadership
changes at the Jack in the Box® brand: Frances Allen has informed the
company of her decision to resign as Brand President, effective February
9, 2018, and Marcus Tom will join the company on February 12, 2018, as
Vice President and Chief Operating Officer. Tom will oversee Operations
for company and franchise restaurants as well as Strategic Initiatives &
Operations Services.
“As I mentioned at the recent ICR Conference, I will take the
opportunity to flatten our organizational structure following the
expected sale of our QDOBA® brand,” said Chairman and Chief Executive
Officer Lenny Comma. “Frances graciously suggested the elimination of
her position so that we could more quickly begin restructuring the
brand’s leadership. Frances was instrumental in refining the brand’s
strategy and positioning, with an emphasis on improving the quality of
the food and transforming the business model to be more asset light
through refranchising. We’re grateful for her exemplary leadership and
believe the Jack in the Box brand is stronger as a result of her many
contributions. We wish her all the best.”
Allen said, “I’m very proud to have led this brand over the last
three-plus years and of the accomplishments we have made during my
tenure, but I could not in good conscience remain in position within a
single-brand structure. The appointment of a new COO is the right time
for me to exit, and I am excited to embark on the next phase of my
career.”
Tom will join Jack in the Box with more than 15 years of experience in
operations leadership positions, most recently at JAB Beech Inc., where
he was Senior Vice President, Operations of its Caribou Coffee brand
from January 2017 to December 2017 and Senior Vice President, Operations
for its Einstein Bros. Bagels brand from July 2015 to December 2016.
From March 2006 to June 2015, Tom held several positions of increasing
responsibility with Starbucks Coffee Company. He was Director of
Business Operations from January 2014 to June 2015 for all licensed
stores in the U.S. and Canada. From May 2012 to December 2013, he was
Starbucks’ Regional Director, Licensed Stores in California and West
Arizona, and from March 2006 to May 2012, he was a Regional Director
with responsibility for Starbucks’ company-operated stores in San Diego
and the greater Phoenix area. He also served as a Regional Vice
President overseeing 600 stores during a six-month limited-time
assignment in 2009. Prior to joining Starbucks, Tom held several
positions with YUM Brands International from 1991 to 2006, including
being a senior leader for YUM's franchised business in Central America
and the Caribbean. Tom is a graduate of the Wharton School at the
University of Pennsylvania with a bachelor’s degree in Economics.
“Marcus is an agile leader with a proven record of achieving high levels
of operational excellence across large retail systems, like Starbucks,”
Comma said. “Adding a seasoned restaurant-industry veteran like him,
with his unique skillset and proficiencies in operations, is a key piece
of our re-focused Jack in the Box leadership team.”
Said Tom, “I'm very excited to be joining the Jack in the Box leadership
team. The company has an incredible culture with people who care deeply
about each other, their customers, and the communities where they work
and live.
“I've had the opportunity to meet with several franchisees and found
them to be passionate about the brand and committed to its success. As
Chief Operating Officer, I look forward to working with the broader team
and our franchisees to build the brand, provide great customer
experiences, and contribute to Jack in the Box’s overall success.”
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant
company that operates and franchises Jack in the Box®restaurants,
one of the nation’s largest hamburger chains, with more than 2,250
restaurants in 21 states and Guam. Additionally, through a wholly owned
subsidiary, the company operates and franchises QDOBA MEXICAN EATS®, a
leader in fast-casual dining, with more than 700 restaurants in 47
states, the District of Columbia and Canada. For more information on
Jack in the Box and QDOBA, including franchising opportunities, visit www.jackinthebox.com
or www.qdoba.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180126005091/en/
Source: Jack in the Box Inc.
Jack in the Box Inc.
Investor Contact:
Carol DiRaimo,
(858) 571-2407
or
Media Contact:
Brian Luscomb,
(858) 571-2291