Thursday, December 19, 2024
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Presto Promotes 2 Executives to President and COO

by Katie Lee

San Carlos, Calif. — Presto Automation Inc., one of the largest drive-thru automation technology providers in the hospitality industry, has promoted Dan Mosher to president and Xavier Casanova to chief operating officer, effective immediately. “Dan and Xavier have been key leaders at Presto and were instrumental in successfully developing and implementing Presto Voice, the industry’s most advanced drive-thru AI voice ordering platform,” says Presto’s chairman and interim CEO, Krishna Gupta. “I am delighted to partner with these two and the rest of our exceptional management team as we continue to …

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Jack in the Box to Open 14 New Restaurants in Florida and Arkansas

by Katie Lee

San Diego — Jack in the Box Inc., one of the nation’s leading QSR chains, has signed 14 new restaurant commitments that will bring Jack in the Box to two new states, Florida and Arkansas. This is the first time the brand has entered the Arkansas market, and over 30 years since it was last in Florida. “We’re excited to see the brand’s continued expansion into new cities and states across the country, as both of these groups bring tremendous experience to the Jack in the Box franchise system and …

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Presto Voice A.I. to Significantly Expand at Del Taco Drive-Thru Restaurants

by Katie Lee

San Carlos, Calif. — Presto Automation Inc., the largest drive-thru automation technology provider in the hospitality industry, is expanding its partnership with Del Taco Restaurants, Inc. to provide automated voice ordering at several drive-thru restaurants nationwide. Its artificial intelligence (A.I.) powered solution, Presto Voice™, is already operating 24/7 at select Del Taco locations where it is significantly helping operations by improving labor productivity, increasing suggestive selling and boosting guest and staff experience. Del Taco has 600+ locations nationwide. “With Del Taco’s desire to build a drive-thru that improves operational efficiency …

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Jack in the Box Opens New Prototype for Off-Premise-Only Customers

by Katie Lee

San Diego — Jack in the Box Inc. has introduced its new off-premise-only restaurant prototype with the opening of a new location in Tulsa, Okla. The new prototype was designed to meet the continued increasing demand for drive-thru service and digital ordering. At only 1,350 square feet, the restaurant features a double y-lane drive-thru, a walk-up window for ordering, dual assembly kitchens and a dedicated pickup window for mobile and third-party delivery orders. The goal of the new prototype is to reduce buildout costs by around 20%, while also increasing …

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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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TEAM Schostak Family Restaurants Promotes 5 Team Members in Operations & Facilities

by Katie Lee

Livonia, Mich. — TEAM Schostak Family Restaurants (TSFR) has promoted five team members to vice president and senior director roles. The promotions include Barb Pasciak, vice president of operations, QSR; Jeremy Braswell, vice president of operations, Applebee’s; Brent Keyes, senior director of operations, Applebee’s; Jeff Pittel, director of operational services, Applebee’s and brand leader, MOD Pizza; and Brian Thompson, senior director of facilities. “We are thrilled to recognize these five team members for their incredible commitment, work ethic and exceptional results,” says Bill Angott, president and CEO of TEAM Schostak …

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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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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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Del Taco Posts 8th Consecutive Year of Franchise SSS Growth

by Katie Lee

Lake Forest, Calif. — Del Taco, the nation’s second largest Mexican quick-service restaurant chain, is carrying tremendous momentum into the first quarter of 2021. Despite pandemic-induced pressures, the brand was resilient during the initial COVID-19 slowdown and began to thrive during the second half of 2020. This led to the company’s 8th consecutive year of positive franchise same store sales growth. In Del Taco’s recent financial reports, the following notable highlights were included: In Q3, franchised same store sales increased 6.5%. In Q4, franchised same store sales increased 7.5%. For …

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Farmer Boys Names New SVP of Operations

by Katie Lee

Riverside, Calif. — Farmer Boys®, a farm fresh fast-casual concept, has added restaurant industry veteran Dave Wetzel as its new senior vice president of operations. In this role, Wetzel is responsible for overseeing both company and franchise restaurant operations. He will play a key role in defining the strategic direction for the brand and overseeing field execution. “Farmer Boys is already known for its exceptional customer service, so I’m looking forward to joining the team to help enhance everyday operations at both the restaurant and corporate level,” says Wetzel. “Our …

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