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Darin Harris

franchise developmentNewsrestaurants

Jack in the Box Offers Multi-Unit Incentive Program for Franchisees

by Katie Lee

San Diego — As part of its aggressive franchise growth strategy, Jack in the Box Inc. is sharing an incentive program with multi-unit franchisees that offers significant financial benefits to those who enter into a minimum 3-unit development agreement. “We have a clear vision for growth, and offering this industry-leading incentive to new and existing franchisees moves Jack in the Box to the top of the list for QSR opportunities,” says Tim Linderman, chief development officer of Jack in the Box. “The more we’re able to support our multi-unit operators, …

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Newspeoplerestaurants

Jack in the Box Inc. Promotes Del Taco’s COO to Brand President

by Katie Lee

San Diego — Jack in the Box Inc. has promoted Del Taco’s chief operating officer, Chad Gretzema, to Del Taco brand president. He replaces John Cappasola, who has stepped down from his role as Del Taco president & chief executive officer. “Chad has been an instrumental part of the executive team at Del Taco that has compiled an impressive 8 consecutive years of positive franchise same-store sales,” says Darin Harris, CEO of Jack in the Box. “He has been a champion for Del Taco operators, franchisees and guests as the …

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Jack in the Box Completes Acquisition of Del Taco for $585 Million

by Katie Lee

San Diego — Jack in the Box Inc. has completed its previously announced acquisition of Del Taco Restaurants, Inc. for approximately $585 million. With the close of the acquisition, Jack in the Box and Del Taco are now positioned as stronger QSR players with greater scale and the ability to enhance the guest experience while pursuing profitable growth. “Today marks an important milestone in our company’s history as we officially welcome Del Taco to the Jack in the Box family,” says Darin Harris, CEO of Jack in the Box. “We …

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Newsrestaurants

Jack in the Box, Del Taco Enter into $575 Million Merger Agreement

by Katie Lee

San Diego and Lake Forest, Calif. — Jack in the Box Inc. and Del Taco Restaurants have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the agreement, Jack in the Box will acquire Del Taco for $12.51 per share in cash. The deal, which is expected to close in the first quarter of 2022, would yield a company with more than 2,800 restaurants across 25 states. In addition, the new entity plans to grow its store count by 4% annually …

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construction and designfranchise developmentNewsrestaurants

Jack in the Box Signs Agreements to Open 111 New Locations in 2021

by Katie Lee

San Diego — Jack in the Box Inc., one of the nation’s leading QSR chains, has awarded seven development agreements in the fourth quarter of fiscal year 2021 to open 47 new restaurants. In total, Jack in the Box has awarded 23 development agreements in fiscal year 2021 to build 111 stores over the course of the next several years. The agreements will help the brand grow in existing markets including Los Angeles, Dallas and Houston, as well as new ones such as Salt Lake City and Louisville, Ky., indicating …

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Newspeoplerestaurantssoftware/technology

Jack in the Box Names Chief Technology Officer

by Katie Lee

San Diego — Jack in the Box, Inc. has named Doug Cook as senior vice president and chief technology officer after an interim stint in the same position. Cook brings more than 20 years of industry experience to Jack in the Box. Before joining Jack in the Box, he was with Pizza Hut and Sonic. Cook most recently served as interim chief technology officer of Jack in the Box, effectively leading the technology team and strategy during his interim period. Prior to that, Cook served as chief information officer at …

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construction and designfranchise developmentNewsrestaurants

Jack in the Box Relaunches Franchise Development Program, Will Open 64 New Restaurants

by Katie Lee

San Diego, Calif. — Jack in the Box Inc. has awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal year 2021 to build 64 new locations in Arizona, California, Idaho, Texas and Utah. The announcement follows the relaunch of Jack in the Box’s franchise development program earlier this year. “Relaunching the franchise opportunity has been exciting and was one of our main priorities going into 2021. Over the last year and a half, we’ve proven to be pandemic-resistant and we’re eager to grow with our …

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Newspeoplerestaurants

Jack in the Box Inc. Names New Chief Financial Officer

by Katie Lee

San Diego — Jack in the Box Inc. has named Timothy Mullany as its new executive vice president and chief financial officer, effective January 18, 2021. Mullany is a well-rounded finance leader with more than 20 years of experience in the restaurant industry, as well as hyper-growth concepts, both public and private. Most recently, Mullany served as chief financial officer at VASA Fitness. “We are excited for the addition of Tim to the Jack in the Box team. He has demonstrated strong financial leadership while supporting growing businesses in the …

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Newspeoplerestaurants

Jack in the Box Inc. Names New Chief Executive Officer

by Katie Lee

San Diego — Jack in the Box Inc. has appointed Darin Harris as chief executive officer. He will also join the board of directors, both effective on the start of his employment no later than June 15, 2020. The board has elected David Goebel to serve as non-executive chairman of the board. Harris has more than 25 years of experience leading franchised and corporate multi-unit retail and service businesses. Most recently, Harris has served as CEO of North America for IWG PLC (IWG), the holding group for several leading providers …

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