Trending...
- Submissions of Short Films & Videos are Needed for the 10th Annual Indigenous Film Retreats - 171
- Boomin Reunion Band Itsy Bitsy Teenie Weenie Yellow Polka Dot Bikini Has 10 Million You Tube Streams - 154
- AdvisorVault's 17a-4 Managed 365 Service: Finally, Guaranteed FINRA Compliance On The Microsoft Cloud
SAN DIEGO--(BUSINESS WIRE)--Jack in the Box Inc. (NASDAQ: JACK) announced that Tom Rose will assume the role of Del Taco Brand President, effective immediately. He replaces Chad Gretzema, who has stepped down from the role to pursue a new opportunity.
Rose is a 30-plus-year veteran in the restaurant business with a proven track record in various corporate and franchise leadership roles. Most recently, he consulted Jack in the Box on the recent initiative to improve the company-owned Kansas City market.
Before supporting Jack in the Box, Rose spent a decade as co-founder and franchisee of North Star Foods, a restaurant franchise management and acquisition firm specializing in maximizing operational excellence and sustainability. This organization would own 130 KFC and Taco Bell restaurants and generate revenues of over $200 million. In addition, the two subsidiaries of North Star Foods were ranked in Restaurant Finance Monitor's Top 200 restaurant groups in the U.S. and grew to be the third largest KFC franchisee in the U.S. YUM Brands system.
"I have worked with Tom throughout my career, and since beginning work on the Kansas City market, we have seen meaningful staffing and sales improvement leveraged by his operational expertise and ability to execute," said Darin Harris, chief executive officer. "We are excited for Tom to evolve Del Taco to its next phase of growth and operational excellence, as he has demonstrated throughout his entire career."
Rose also held various senior leadership positions at Orion Food Systems, later acquired by Kohlberg & Company, including chief operating officer and board member for four years. He began his career as an Area Coach and Director of Operations at KFC & Taco Bell. He holds a bachelor's degree in business administration from East Carolina University.
More on The Californer
"I admire how these two brands started and the legacy they have created through their amazing people," said Rose. "I couldn't be more excited about the opportunity to be a part of an organization with such a bright future."
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with approximately 2,200 restaurants across 21 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 16 states. For more information on both brands, including franchising opportunities, visit www.jackinthebox.com and www.deltaco.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 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 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, 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.
More on The Californer
Contacts
Chris Brandon
Vice President, Investor Relations
chris.brandon@jackinthebox.com
619.902.0269
Rose is a 30-plus-year veteran in the restaurant business with a proven track record in various corporate and franchise leadership roles. Most recently, he consulted Jack in the Box on the recent initiative to improve the company-owned Kansas City market.
Before supporting Jack in the Box, Rose spent a decade as co-founder and franchisee of North Star Foods, a restaurant franchise management and acquisition firm specializing in maximizing operational excellence and sustainability. This organization would own 130 KFC and Taco Bell restaurants and generate revenues of over $200 million. In addition, the two subsidiaries of North Star Foods were ranked in Restaurant Finance Monitor's Top 200 restaurant groups in the U.S. and grew to be the third largest KFC franchisee in the U.S. YUM Brands system.
"I have worked with Tom throughout my career, and since beginning work on the Kansas City market, we have seen meaningful staffing and sales improvement leveraged by his operational expertise and ability to execute," said Darin Harris, chief executive officer. "We are excited for Tom to evolve Del Taco to its next phase of growth and operational excellence, as he has demonstrated throughout his entire career."
Rose also held various senior leadership positions at Orion Food Systems, later acquired by Kohlberg & Company, including chief operating officer and board member for four years. He began his career as an Area Coach and Director of Operations at KFC & Taco Bell. He holds a bachelor's degree in business administration from East Carolina University.
More on The Californer
- AI-based Tissue Staining to Detect Amyloid Deposits Without Chemical Stains or Microscopy
- California: Governor Newsom welcomes the largest CHP graduating class in over two years
- California's earthquake warning system notified millions ahead of today's Southern California quake
- Long Beach Airport Seeks Community Votes to Make USA Today's Top 10 List of Small Airports
- Atlas Elite Entertainment Releases New Single "Forever"
"I admire how these two brands started and the legacy they have created through their amazing people," said Rose. "I couldn't be more excited about the opportunity to be a part of an organization with such a bright future."
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with approximately 2,200 restaurants across 21 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 16 states. For more information on both brands, including franchising opportunities, visit www.jackinthebox.com and www.deltaco.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 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 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, 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.
More on The Californer
- If You're Reading This, You May Have Too Much Time on Your Hands!
- "Monotheism and Devils" is the theologically dedicated sequel of "Prince of Eurasia" of the Islamic cleric and executive producer Prince Oak Oakleyski
- CII presented 2024 Connie Award to Guenther and Taylor given Lifetime Achievement Award
- Long Beach Seeks Volunteers for 40th Annual California Coastal Cleanup Day, September 21
- Vantiva Wins CSI Award for "Best Sustainability Project or Initiative" for Eco-Friendly V7c Android TV Set Top Box
Contacts
Chris Brandon
Vice President, Investor Relations
chris.brandon@jackinthebox.com
619.902.0269
Filed Under: Business
0 Comments
Latest on The Californer
- Long Beach City Council Adopts Fiscal Year 2025 Budget
- New Book Promises to Revolutionize Mindsets and Transform Professional Success for Latinas
- California: Governor Newsom signs "smash-and-grab" bill to strengthen felony sentences for large-scale theft offenses
- Pylontech US Showcases at RE+ 2024 USA - English APAC - Traditional Chinese USA - English
- Diversified Industrial Acquisition Agreement, Plus Major Contract Award for Large Fleet Trucking Provider: MingZhu Logistics: Stock Symbol: YGMZ
- Parking Management Services of America Reports Year-Over-Year Growth and Raises 2025 Sales Guidance
- Award winning author's science fiction novel THE HUMMINGBIRD WHISPERER is available for pre-order
- Messageware Z-Day Guard v1.5 Expands MDR Security to Azure, Exchange, and Windows Servers
- Carlsbad, California Grandma Ignites a National Movement: How a Child's Simple Act of Acknowledgment is Leading the Way to Heal America's Mental Health Crisis
- Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network USA - English USA - Turkish
- Hiconics Unveils Innovative Home Energy Solutions at RE+ 2024, Leading Green Energy Trends in North America USA - English USA - English
- SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit
- California: Governor Newsom proclaims state of emergency in response to Bridge and Airport fires, visits Line Fire Incident Command Post
- Horror Short BABUSHKA From Thorny Devil Productions and Five-Tool Player Embark On Festival Journey
- City of Long Beach to Launch Residential Organics Collection Program
- The Ripple Effect Arts, has launched its latest product, Organic Wild Yam Cream, capitalizing on the company's recent viral success on TikTok
- Prince of Eurasia: Monotheism and Devils — the ultrarare Eurasian theological documentary of executive producer Prince Oak Oakleyski
- Sunmed | Your CBD Store Responds to Governor Newsom's Industry-Killing Hemp Regulation
- Secret Room Events Invite Media and Press to Cover the 2024 Red Carpet Lounge in Honor of Nomin
- Snell & Wilmer Welcomes New Associate Nicholas Kawuka in the San Diego Office