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Jack In The Box Inc. Promotes Del Taco’s Chief Operating Officer Chad Gretzema To Brand President
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Rhea-AI Summary
Jack in the Box Inc. (NASDAQ: JACK) has promoted Chad Gretzema, previously COO of Del Taco, to Brand President of Del Taco, succeeding John Cappasola. Gretzema has been with Del Taco since 2012 and played a significant role in driving eight consecutive years of positive franchise same-store sales. Jack in the Box CEO Darin Harris expressed confidence in Gretzema's leadership and strategic vision to enhance growth across both brands, leveraging shared services and best practices.
Positive
Chad Gretzema's promotion could strengthen leadership at Del Taco, potentially boosting operational performance.
Eight consecutive years of positive franchise same-store sales indicate strong brand health.
Negative
None.
SAN DIEGO--(BUSINESS WIRE)--
Jack in the Box Inc. (NASDAQ: JACK) announced today the promotion of Del Taco’s Chief Operating Officer Chad Gretzema to Del Taco Brand President. He replaces John Cappasola who has stepped down from his role as Del Taco President & Chief Executive Officer.
"Chad has been an instrumental part of the executive team at Del Taco that has compiled an impressive eight consecutive years of positive franchise same-store sales,” said Jack in the Box CEO Darin Harris. “He has been a champion for Del Taco operators, franchisees and guests as the Chief Operating Officer and I am confident his proven leadership and strategic vision will further drive our combined company to the next phase of growth. Chad has been an incredible partner in bringing our two brands together, and is helping us maximize the benefits of our increased scale and shared services to leverage best practices and synergies across the brands.”
Gretzema has been with Del Taco since 2012 and was most recently Chief Operating Officer, having previously served as Senior Vice President, Strategic Planning & Innovation and Senior Vice President, Operations Support and Engagement. With more than 25 years of food and restaurant industry experience, Gretzema has held positions in operations, training and marketing at Einstein Noah Restaurant Group, Noodles & Company and Oscar Mayer Foods.
About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with more than 2,200 restaurants across 21 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 16 states. For more information on both brands, including franchising opportunities, visit www.jackinthebox.com and www.deltaco.com.
