Restaurant veteran Eduardo Luz joins Jack in the Box (JACK) board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Jack in the Box Inc. has appointed restaurant industry executive Eduardo Luz to its Board of Directors as an independent director, effective immediately. He brings more than 30 years of experience leading global restaurant and consumer brands, including roles as CEO of P.F. Chang’s and Chief Brand and Concept Officer at Panera Bread.
Current directors David Goebel and Madeleine Kleiner will retire from the Board effective May 8, 2026, with the company stating their decisions are voluntary and not due to any disagreements over operations or governance. After these changes, the Board will have nine members, and Luz will serve on the Compensation and Nominating & Governance Committees as part of an ongoing board refresh tied to the company’s transformation efforts.
Positive
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Negative
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8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Board size after changes: 9 directors
Luz industry experience: more than 30 years
Restaurant count: approximately 2,125 restaurants
+2 more
5 metrics
Board size after changes
9 directors
Board composition following May 8, 2026 retirements
Luz industry experience
more than 30 years
Experience building and leading restaurant and consumer brands
Restaurant count
approximately 2,125 restaurants
Jack in the Box footprint across the U.S.
Geographic reach
22 states
States where Jack in the Box restaurants operate
Retirement effective date
May 8, 2026
Effective date for retirements of Goebel and Kleiner
Key Terms
independent director, Regulation FD Disclosure, forward-looking statements, securitized debt, +1 more
5 terms
independent director regulatory
"appointed Eduardo Luz to the Board as an independent director, effective immediately"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. On April 13, 2026, the Company issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the federal securities laws."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
securitized debt financial
"risks associated with the amount and terms of the securitized debt issued by certain of our wholly owned subsidiaries"
Securitized debt is a pool of loans or receivables that has been bundled and turned into tradable securities sold to investors. Think of it as slicing a big loaf of IOUs into smaller pieces you can buy; investors receive the loan payments as income while taking on the credit and repayment risks of the underlying borrowers. It matters because it spreads risk, affects liquidity and yield in markets, and can amplify losses if many borrowers default.
franchise development financial
"successful franchise development; the ability to attract, train and retain top-performing personnel"
Franchise development is the process a company uses to grow by recruiting, training and supporting independent operators who open and run branded locations under license, including site selection, training, marketing and ongoing oversight. For investors it matters because franchising can accelerate expansion with less company capital—like planting seeds instead of buying the whole field—while changing the mix of recurring royalties, upfront fees, margins and reputational risk depending on how well franchisees perform.
_____________________________________________________________________________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 13, 2026
(Exact name of registrant as specified in its charter)
_________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices) (Zip Code)
(858 ) 571-2121
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
_________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
______________________________________________________________________
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 13, 2026, the Board of Directors (the “Board”) of Jack in the Box Inc. (the “Company”) appointed Eduardo Luz to the Board as an independent director, effective immediately. Mr. Luz will serve until the Company’s next annual meeting of shareholders or until his successor is duly elected and qualified.
Additionally, David Goebel and Madeleine Kleiner have notified the Company of their intent to retire from the Board, effective May 8, 2026. Their retirements are voluntary and not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Following these changes, the Board will be comprised of nine directors.
Mr. Luz has more than 30 years of experience building and leading global restaurant and consumer brands. He most recently served as Chief Executive Officer of P.F. Chang’s, and previously served as Chief Brand and Concept Officer at Panera Bread. Earlier in his career, Mr. Luz held senior leadership roles at The Kraft Heinz Company and began his career at Accenture. Mr. Luz holds an MBA from The Wharton School.
There are no arrangements or understandings between Mr. Luz and any other person pursuant to which he was selected as a director, nor are there any transactions involving Mr. Luz that would be required to be disclosed pursuant to Item 404(a) of Regulation S‑K.
Mr. Luz will serve as a member of the Board’s Compensation and Nominating & Governance Committees.
Item 7.01. Regulation FD Disclosure.
On April 13, 2026, the Company issued a press release announcing the appointment of Mr. Luz to the Board and the retirement of Mr. Goebel and Ms. Kleiner. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.
The information furnished under this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | ||||
| 99.1 | Press Release dated April 13, 2026 | ||||
| 104 | Cover Page Interactive Date File (embedded with the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| JACK IN THE BOX INC. | |||||||||||
| April 13, 2026 | /s/ Sarah Super | ||||||||||
| Sarah Super | |||||||||||
| EVP, Chief Legal & Administrative Officer | |||||||||||
Exhibit 99.1
 | Contact: Rachel Webb Vice President, Finance & Investor Relations rachel.webb@jackinthebox.com (858) 522-4556 | |||||||
Press Release
Jack in the Box Inc. Advances Board Refreshment with Appointment of Eduardo Luz
Accomplished Restaurant Executive Joins as Independent Director to Support Transformation
David Goebel and Madeleine Kleiner to Retire from the Board
SAN DIEGO, Calif. – April 13, 2026 – Jack in the Box Inc. (“Jack in the Box” or the “Company”) (NASDAQ: JACK) today announced that Eduardo Luz has been appointed to its Board of Directors (the “Board”) as an independent director. The Company also announced that David Goebel and Madeleine Kleiner will retire from the Board, effective May 8, 2026.
With these actions, the Board will reduce its size to nine members. Mr. Luz joins as part of Jack in the Box’s continued focus on maintaining a best-in-class Board, which has resulted in significant refreshment over the past year. The Board will continue to evaluate opportunities for additional refreshment to ensure its composition and skillsets continue to reflect the evolving needs of the business.
“We are pleased to welcome Eduardo to Jack in the Box’s Board. Eduardo is an accomplished restaurant industry executive with significant leadership and brand-building experience that will be an important asset as we continue to advance Jack in the Box’s transformation,” said Mark King, Independent Chair of the Board. “Today’s announcement reflects our commitment to continued Board refreshment along with thoughtful engagement with our shareholders and responsiveness to their feedback. We continue to see significant opportunity for value creation at Jack in the Box and have full confidence in our ability to drive same-store sales, reduce debt, and improve margins.”
Mr. King continued, “I also want to thank Dave and Madi for their service and contributions to Jack in the Box. They have both been valued members of the Board, and we wish them the best.”
"I am thrilled to join the Board and advance Jack in the Box’s transformation," said Mr. Luz. "Jack in the Box has a strong brand and a proven commitment to innovate for its guests. I look forward to partnering with the Board and management team to build on the company’s momentum and drive long-term growth.”
About Eduardo Luz
Mr. Luz has over 30 years of experience building and growing businesses and brands across the restaurant and consumer goods industries, with global expertise in scaled platforms. Mr. Luz most recently served as CEO of P. F. Chang’s, where he drove performance through streamlined operations, investment in digital capabilities, and value-oriented offerings that enhanced the global guest experience. Prior to P. F. Chang’s, Mr. Luz served as Chief Brand and Concept Officer at Panera Bread, leading brand strategy and integrated digital, marketing, and menu innovation functions. Earlier in his career, Mr. Luz served as Zone President, North America and President, Grocery business unit at The Kraft Heinz Company. Mr. Luz started his career as a management consultant at Accenture and holds an MBA from The Wharton School.
Exhibit 99.1
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 approximately 2,125 restaurants across 22 states. For more information, including franchising opportunities, visit www.jackinthebox.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements may be identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “goals,” “guidance,” “intend,” “plan,” “project,” “may,” “will,” “would” and similar expressions. These statements are based on management’s current expectations, estimates, forecasts and projections about our business and the industry in which we operate. These estimates and assumptions involve known and unknown risks, uncertainties, and other factors that are in some cases beyond our control. Factors that may cause our actual results to differ materially from any forward-looking statements include, but are not limited to: the success of new products, marketing initiatives and restaurant remodels and drive-thru enhancements; the impact of competition, unemployment, trends in consumer spending patterns and commodity costs; the Company’s ability to achieve and manage its planned growth, which is affected by the availability of a sufficient number of suitable new restaurant sites, the performance of new restaurants, risks relating to expansion into new markets and successful franchise development; the ability to attract, train and retain top-performing personnel, litigation risks; risks associated with disagreements with franchisees; supply chain disruption; food-safety incidents or negative publicity impacting the reputation of the Company's brand; increased regulatory and legal complexities, risks associated with the amount and terms of the securitized debt issued by certain of our wholly owned subsidiaries; stock market volatility. These and other factors are discussed in the Company’s annual report on Form 10-K and its periodic reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), which are available online at http://investors.jackinthebox.com or in hard copy upon request. The Company undertakes no obligation to update or revise any forward-looking statement, whether as the result of new information or otherwise.
Contact
Rachel Webb 858-522-4556 rachel.webb@jackinthebox.com
FAQ
What board change did Jack in the Box (JACK) announce on April 13, 2026?
Jack in the Box appointed Eduardo Luz as an independent director to its Board, effective immediately. He brings over 30 years of restaurant and consumer brand leadership, supporting the company’s ongoing transformation and governance refresh initiatives highlighted in the announcement.
Who is Eduardo Luz, the new Jack in the Box (JACK) board member?
Eduardo Luz is a restaurant industry executive with more than 30 years of experience. He previously served as CEO of P.F. Chang’s and Chief Brand and Concept Officer at Panera Bread, and earlier held senior leadership roles at The Kraft Heinz Company and Accenture.
Which Jack in the Box (JACK) directors are retiring from the board?
Directors David Goebel and Madeleine Kleiner will retire from the Jack in the Box Board effective May 8, 2026. The company states their retirements are voluntary and not due to any disagreement over operations, policies, or practices, underscoring an orderly transition.
How will Jack in the Box’s board composition change after these moves?
After appointing Eduardo Luz and the planned retirements of David Goebel and Madeleine Kleiner, the Jack in the Box Board will have nine members. Luz will also join the Board’s Compensation and Nominating & Governance Committees as part of broader board refresh efforts.
How does this board change support Jack in the Box’s transformation strategy?
The company links Eduardo Luz’s appointment to its focus on maintaining a best-in-class board and advancing its transformation. Leadership highlights his brand-building and operational experience as aligned with goals to drive same-store sales, reduce debt, and improve margins over time.
How large is Jack in the Box’s restaurant footprint mentioned in the filing?
Jack in the Box operates and franchises approximately 2,125 Jack in the Box restaurants across 22 U.S. states. This footprint underscores the scale of the brand that the refreshed Board and management team are overseeing as they pursue growth and operational improvement initiatives.