Lance F. Tucker to Join Jack in the Box Inc. as Chief Financial Officer
January 16 2018 - 4:32PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20180116006795/en/
Jack in the Box Inc.Investor Contact:Carol DiRaimo, (858)
571-2407orMedia Contact:Brian Luscomb, (858) 571-2291
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