Timothy Mullany to Sign up for Jack in the Box Inc. as New Main Economic Officer

SAN DIEGO–(Organization WIRE)–Dec 17, 2020–

Jack in the Box Inc. (NASDAQ: JACK) introduced now that Timothy Mullany will be part of the business as Executive Vice President and Main Money Officer, productive January 18, 2021.

Mullany is a well-rounded finance chief with far more than 20 yrs of working experience in the cafe industry, as properly as hyper-advancement principles, each community and personal. Most lately, Mullany served as Main Fiscal Officer at VASA Exercise wherever he was responsible for major the finance and accounting staff furthermore building and executing enterprise expansion techniques, together with internet site acquisition and marketplace entry progress.

“We are excited for the addition of Tim to the Jack in the Box workforce. He has shown potent economic leadership whilst supporting expanding businesses in the restaurant marketplace. We are confident in his govt leadership capability to help proceed the momentum becoming experienced at Jack in the Box,” said Darin Harris, Chief Executive Officer.

Earlier, Tim was Chief Financial Officer at RAVE Restaurant Team, Inc. (NASDAQCM: RAVE) where he helped scale Pie Five Pizza from a regional start out up into one of the nation’s top rapid casual pizza principles. Prior to that he held further Main Economical Officer roles at Eating places Endless Inc. and Purchaser Money Companions, franchisor and operator of the Smashburger and Quiznos manufacturers. Earlier in his career he also led the financial functions of World wide Portfolio Advisors Ltd, its affiliate Outpost International, and Sea Investigate Basis, along with founding Mystic Enjoyment Organization. His occupation started with positions in non-public equity and financial commitment banking at J.P. Morgan and Bank of The united states, respectively, and KPMG LLP. Tim retains an MBA from Columbia Business University and a BS from Villanova University.

“I am thrilled to be a part of Darin and the Jack in the Box workforce. I have been a longtime lover of the manufacturer and with my expertise in expanding corporations, and particularly my knowledge within the cafe field, I glimpse forward to main the firm as it embarks on an accelerated advancement system, in partnership with our staff and franchisees,” explained Mullany.

About Jack in the Box:

Jack in the Box Inc. (NASDAQ: JACK), dependent in San Diego, is a cafe corporation that operates and franchises Jack in the Box® eating places, 1 of the nation’s greatest hamburger chains, with additional than 2,200 eating places in 21 states. Acknowledged as the pioneer of all-working day breakfast, and the late evening classification, Jack in the Box prides alone on currently being the curly fry in a entire world of frequent fries. For additional details on Jack in the Box, including franchising alternatives, visit www.jackinthebox.com.

Harmless Harbor Assertion:

This push release consists of ahead-seeking statements within just the that means of the federal securities rules. Ahead-searching statements might be recognized by phrases this sort of as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “goals,” “guidance,” “intend,” “plan,” “project,” “may,” “will,” “would” and similar expressions. These statements are centered on management’s present-day expectations, estimates, forecasts and projections about our business enterprise and the field in which we function. These estimates and assumptions require acknowledged and unidentified pitfalls, uncertainties, and other components that are in some circumstances further than our command. Components that could lead to our real benefits to vary materially from any forward-seeking statements involve, but are not minimal to: the potential impacts to our business enterprise and operations ensuing from the coronavirus COVID-19 pandemic, the achievement of new products and solutions, internet marketing initiatives and cafe remodels and push-through enhancements the influence of competitiveness, unemployment, tendencies in client shelling out styles and commodity prices the company’s skill to minimize G&A and operate efficiently the company’s means to realize and take care of its planned advancement, which is impacted by the availability of a enough amount of suitable new restaurant web-sites, the efficiency of new dining establishments, risks relating to expansion into new markets and profitable franchise improvement the capacity to appeal to, educate and keep top-carrying out personnel, litigation dangers challenges connected with disagreements with franchisees supply chain disruption foodstuff-security incidents or destructive publicity impacting the standing of the company’s brand improved regulatory and legal complexities, like federal, point out and neighborhood procedures pertaining to mitigation tactics for managing the coronavirus COVID-19 pandemic, threats related with the sum and phrases of the securitized financial debt issued by certain of our wholly owned subsidiaries and stock current market volatility. These and other variables are mentioned in the company’s yearly report on Type 10-K and its periodic reviews on Form 10-Q filed with the Securities and Exchange Fee, which are available on the internet at http://investors.jackinthebox.com or in difficult duplicate on request. The corporation undertakes no obligation to update or revise any forward-searching statement, no matter if as the final result of new info or usually.

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Speak to: Investor Contact:

Carol DiRaimo

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Key word: CALIFORNIA UNITED STATES NORTH The usa

Field Search phrase: RETAIL Restaurant/BAR Food/BEVERAGE

Resource: Jack in the Box Inc.

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PUB: 12/17/2020 04:05 PM/DISC: 12/17/2020 04:05 PM

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