Jack in the Box Names New Chief Operating Officer
May 17 2021 - 3:00PM
Business Wire
25-year restaurant operations veteran Tony
Darden further augments new executive leadership team
Jack in the Box, Inc. (NASDAQ: JACK) continues the strategic
transformation of its leadership team with the addition of new
Senior Vice President and Chief Operating Officer Tony Darden, who
brings more than 25 years’ experience in multi-unit, quick-service
restaurant operations.
Darden joins Jack in the Box from MOOYAH Burgers Fries and
Shake, where he served as president for the past two years. He has
also held chief operating officer titles at Taco Bueno and Sun
Holdings, the fourth largest franchisee in the U.S. with a
portfolio of more than 1,000 restaurants for brands including
Burger King, Popeyes, Krispy Kreme and Arby’s. Additionally, Darden
held operations leadership roles at Panera Bread and Metromedia
Restaurant Group/Bennigan’s.
“I’ve known Tony professionally through the years and I know he
is the right person to lead operations at Jack in the Box by
partnering with our franchisees to focus on operations excellence
and restaurant profits,” said Jack in the Box CEO Darin Harris. “He
cares deeply about people, franchisee success and giving our guests
a consistent brand experience.”
“I look forward to building strong relationships with our
corporate team members and franchisees to drive Jack’s long-term
growth initiatives,” said Darden. “Jack’s future success will be a
function of enabling our franchisees in delivering exceptional
guest experiences that enhance brand loyalty and accelerate their
growth.”
Darden’s first day on the job is planned for June 7, 2021. He is
the fifth new C-suite hire for Harris, who joined Jack in the Box
as CEO in 2020. The company last week reported strong Q2 earnings
and revenue, which included total revenue growth of 19% over Q2
2020 and 20.6% growth in system same-store sales.
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 2,200 restaurants in 21 states and Guam. For more
information on Jack in the Box, including franchising
opportunities, visit www.jackinthebox.com.
Safe Harbor Statement:
This press release contains forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements may be identified by words such as “anticipate,”
“believe,” “estimate,” “expect,” “forecast,” “goals,” “guidance,”
“intend,” “plan,” “project,” “may,” “will,” “would” and similar
expressions. These statements are based on management’s current
expectations, estimates, forecasts and projections about our
business and the industry in which we operate. These estimates and
assumptions involve known and unknown risks, uncertainties, and
other factors that are in some cases beyond our control. Factors
that may cause our actual results to differ materially from any
forward-looking statements include, but are not limited to: the
potential impacts to our business and operations resulting from the
coronavirus COVID-19 pandemic, the success of new products,
marketing initiatives and restaurant remodels and drive-thru
enhancements; the impact of competition, unemployment, trends in
consumer spending patterns and commodity costs; the company's
ability to reduce G&A and operate efficiently; the company’s
ability to achieve and manage its planned growth, which is affected
by the availability of a sufficient number of suitable new
restaurant sites, the performance of new restaurants, risks
relating to expansion into new markets and successful franchise
development; the ability to attract, train and retain
top-performing personnel, litigation risks; risks associated with
disagreements with franchisees; supply chain disruption;
food-safety incidents or negative publicity impacting the
reputation of the company's brand; increased regulatory and legal
complexities, including federal, state and local policies regarding
mitigation strategies for controlling the coronavirus COVID-19
pandemic, risks associated with the amount and terms of the
securitized debt issued by certain of our wholly owned
subsidiaries; and stock market volatility. These and other factors
are discussed in the company’s annual report on Form 10-K and its
periodic reports on Form 10-Q filed with the Securities and
Exchange Commission, which are available online at
http://investors.jackinthebox.com or in hard copy upon request. The
company undertakes no obligation to update or revise any
forward-looking statement, whether as the result of new information
or otherwise.
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Kristen Kauffman or Pamela Hughes kristen@spmcommunications.com
or pamela@spmcommunications.com 817-329-3257
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