Timothy Mullany to Join Jack in the Box Inc. as New Main Financial Officer

“We are psyched for the addition of Tim to the Jack in the Box staff. He has shown robust monetary leadership even though supporting developing firms in the cafe market. We are assured in his executive leadership skill to assist carry on the momentum remaining skilled at Jack in the Box,” claimed Darin Harris, Chief Executive Officer.

Formerly, Tim was Main Economic Officer at RAVE Restaurant Group, Inc. (NASDAQCM: RAVE) in which he helped scale Pie 5 Pizza from a regional start off up into 1 of the nation’s major rapid everyday pizza principles. Prior to that he held further Chief Economic Officer roles at Dining establishments Unrestricted Inc. and Purchaser Cash Associates, franchisor and operator of the Smashburger and Quiznos brands. Previously in his occupation he also led the money capabilities of World wide Portfolio Advisors Ltd, its affiliate Outpost International, and Sea Study Basis, together with founding Mystic Entertainment Company. His occupation began with positions in personal fairness and financial commitment banking at J.P. Morgan and Financial institution of The usa, respectively, and KPMG LLP. Tim holds an MBA from Columbia Business College and a BS from Villanova University.

“I am thrilled to sign up for Darin and the Jack in the Box crew. I have been a longtime fan of the model and with my knowledge in rising companies, and precisely my know-how in just the cafe sector, I look ahead to primary the business as it embarks on an accelerated development approach, in partnership with our personnel and franchisees,” said Mullany.

About Jack in the Box:

Jack in the Box Inc. (NASDAQ: JACK), primarily based in San Diego, is a cafe enterprise that operates and franchises Jack in the Box® places to eat, a single of the nation’s major hamburger chains, with much more than 2,200 eating places in 21 states. Known as the pioneer of all-working day breakfast, and the late evening group, Jack in the Box prides by itself on staying the curly fry in a environment of standard fries. For extra data on Jack in the Box, including franchising chances, pay a visit to www.jackinthebox.com.

Harmless Harbor Assertion:

This press release consists of ahead-searching statements in the meaning of the federal securities rules. Ahead-searching statements may be determined by text these kinds of as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “goals,” “guidance,” “intend,” “plan,” “project,” “may,” “will,” “would” and similar expressions. These statements are based mostly on management’s present-day anticipations, estimates, forecasts and projections about our enterprise and the field in which we work. These estimates and assumptions include acknowledged and unidentified threats, uncertainties, and other aspects that are in some instances further than our command. Things that may cause our real outcomes to differ materially from any ahead-seeking statements include, but are not constrained to: the potential impacts to our organization and operations resulting from the coronavirus COVID-19 pandemic, the achievements of new merchandise, advertising and marketing initiatives and restaurant remodels and push-thru enhancements the impression of competitiveness, unemployment, traits in buyer paying out patterns and commodity costs the company’s means to lessen G&A and operate effectively the company’s means to obtain and control its planned growth, which is afflicted by the availability of a adequate amount of appropriate new restaurant web pages, the efficiency of new places to eat, dangers relating to enlargement into new markets and successful franchise enhancement the ability to entice, teach and retain best-executing staff, litigation threats pitfalls associated with disagreements with franchisees supply chain disruption meals-safety incidents or unfavorable publicity impacting the status of the firm’s model elevated regulatory and lawful complexities, like federal, condition and regional policies with regards to mitigation techniques for managing the coronavirus COVID-19 pandemic, risks connected with the amount and phrases of the securitized credit card debt issued by specific of our wholly owned subsidiaries and stock marketplace volatility. These and other elements are talked over in the company’s yearly report on Type 10-K and its periodic reports on Kind 10-Q submitted with the Securities and Exchange Fee, which are available on-line at http://traders.jackinthebox.com or in difficult duplicate on ask for. The corporation undertakes no obligation to update or revise any ahead-looking statement, regardless of whether as the result of new information and facts or if not.

Look at supply model on businesswire.com: https://www.businesswire.com/news/house/20201217006044/en/

Source: Jack in the Box Inc.

Investor Contact:

Carol DiRaimo

[email protected]

COMTEX_376395587/2456/2020-12-17T16:05:22

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