Jack in the Box

Jack in the Box named Rachel Ruggeri, former Starbucks executive VP and CFO, as an independent director and announced director Michael Murphy will retire and not seek reelection in 2027. The appointment advances the board refreshment program and adds restaurant and finance expertise ahead of planned operational priorities. President Taylor Montgomery is expected to join the board when he becomes CEO within the next 12 months. The company also extended its cooperation agreement with GreenWood Investors and will file the amended agreement on Form 8‑K. » Mere på finance.yahoo.com

The GreenWood Investor spotlighted Jack in the Box in its Q2 2026 letter, praising the board’s May decision to install Mark King as interim CEO and noting early signs of improvement in same-store sales. Jack in the Box shares have fallen about 18.7% over the past year and closed at $16.14 on September 4, 2026, with a market cap near $309.6 million. Hedge fund ownership edged lower to 16 funds at the end of Q2, and GreenWood says active operational leadership should help return comps above breakeven. » Mere på finance.yahoo.com

Jack in the Box appointed former Taco Bell executive Taylor Montgomery as president effective Sept. 14, with plans for him to become CEO within a year. He is tasked with reigniting the brand through product and marketing innovation, improving franchisee profitability, modernizing restaurants and digital capabilities, and refining the growth and site strategy. Montgomery must also rebuild confidence among franchisees and investors while accelerating planned store closures and restoring same-store sales momentum. » Mere på forbes.com