January 3, 2018
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According to a news release, Jean M. Birch and John P. Gainor will each serve on the Compensation and Nominating & Governance Committees of the Jack in the Box Inc. board.
DINING: $1.5 Million in Average Sales Per Store Lags Top Competitors
On the hunt for a buyer in 2019, Jack in the Box Inc. is working to resolve the challenges and contradictions of the year gone past.
The original deadline to appoint the members was Jan. 8 but was moved as part of ongoing discussions with investors Jana Partners LLC to explore “strategic and financing alternatives to maximize shareholders value.”
San Diego-based Jack in the Box Inc. franchisees want chief executive officer, Leonard “Lenny” Comma, and the current leadership team out following a vote of “no confidence” that took place during its annual meeting in July.
Leonard Comma, who prefers to be called Lenny, has been board chairman and chief executive officer of Jack in the Box Inc. since January 2014.