SAN DIEGO--(BUSINESS WIRE)--Jan. 16, 2018--
Jack in the Box Inc. (NASDAQ: JACK) today announced that Lance F. Tucker
will join the company as Executive Vice President and Chief Financial
Officer, effective March 26, 2018. Tucker is currently Senior Vice
President, Chief Financial Officer and Chief Administrative Officer for
Papa John’s International, Inc., where he oversees all finance,
accounting, legal, human resources, investor relations, strategic
planning and risk management functions.
“Lance brings a wealth of restaurant industry experience to our
organization,” said Lenny Comma, Jack in the Box Inc. Chairman and Chief
Executive Officer. “He has a proven history of driving results in
several key, strategic business functions, including finance, accounting
and IT. He has strong leadership qualities and will be a great fit with
our executive team. We look forward to welcoming Lance and his family to
the Jack in the Box® family.”
Said Tucker, “Jack in the Box is an outstanding brand, and I'm grateful
for the opportunity to work alongside such a strong management team to
grow the brand in the years to come.”
Jerry P. Rebel, who has served as Executive Vice President and Chief
Financial Officer for Jack in the Box Inc. since 2005, announced in
April 2017 his plans to retire from the company when a successor was
hired. He’ll work with Tucker to help assure a smooth transition.
“We cannot thank Jerry enough for all of his contributions to the
organization,” Comma said. “He’s been well-respected amongst the
investment community, and under his stewardship as CFO we’ve transformed
our business model: Franchise ownership of the Jack in the Box® brand
has increased from approximately 25 percent in 2005 to nearly 88 percent
today; the company has returned more than $2.5 billion of cash to
shareholders through stock repurchases and dividends; and Jack in the
Box Inc. common stock has appreciated by nearly 500 percent, as of
market close on January 12, 2018. We wish Jerry all the best in his
well-deserved retirement.”
Tucker was promoted to CFO and Treasurer at Papa John’s in February 2011
and added the CAO title and responsibilities in July 2012. From
June 2010 to February 2011 he was Papa John’s Chief of Staff and Senior
Vice President, Strategic Planning, and he served as its Chief of Staff
and Vice President, Strategic Planning from June 2009 to June 2010.
Prior to joining Papa John’s in 2009, Tucker served six years as Chief
Financial Officer of Evergreen Real Estate in Louisville. From 1999 to
2003, he held leadership positions in finance for several companies
engaged in education, technology consulting, online retailing or real
estate development. Tucker was previously employed by Papa John’s as
Director of Finance from 1994 to 1999. Prior to joining Papa John’s,
Tucker was a senior accountant for Ernst & Young, LLC.
Tucker is a licensed certified public accountant and holds a bachelor’s
degree from Transylvania University in Lexington, Kentucky. He also
serves on the Board of Trustees for Transylvania University.
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/20180116006795/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