Jack in the Box Announces Leadership Restructure

By Tamara Parker • Wednesday, November 27 15:21 • Permanent Link

Jack in the Box Inc. (NASDAQ: JACK) has announced a strategic leadership restructure with the departure of Tony Darden, the Senior Vice President and Chief Operating Officer. Darden, who has been with the company since June 2021, expressed pride in the achievements during his tenure.

As part of the planned restructure, Ryan Ostrom, the Executive Vice President and Chief Marketing & Digital Officer, will assume additional responsibility for Jack in the Box operations. Ostrom, who has been with the company since February 2021, has been instrumental in leading the digital transformation and modernizing customer engagement. Effective December 6, 2024, Ostrom will take on the role of Chief Customer & Digital Officer.

The CEO, Darin Harris, expressed gratitude for Darden's contributions and emphasized the company's focus on customer centricity. He expressed confidence in Ostrom's leadership and understanding of customer needs to drive the company's initiatives.

Jack in the Box Inc. operates and franchises approximately 2,200 Jack in the Box® restaurants across 22 states and approximately 600 Del Taco® restaurants across 17 states.

This strategic leadership restructure marks a significant transition for the company, as it aims to create greater alignment and focus while driving value for its customers. Following these announcements, the company's shares moved 1.2%, and are now trading at a price of $47.14. For the full picture, make sure to review Jack in the Box's 8-K report.

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