Business
Jack in the Box Inc. Reiterates Confidence in “JACK on Track” Plan and Commitment to Maximizing Shareholder Value
Urges Shareholders to Vote “FOR” all 10 of Jack in the Box’s Director Nominees, including David Goebel, Independent Chair of the Jack in the Box Board, on
About this update from Jack In The Box Inc.
[{"type":"text","content":"\nUrges Shareholders to Vote “FOR” all 10 of Jack in the Box’s Director Nominees, including David Goebel, Independent Chair of the Jack in the Box Board, on the WHITE Proxy Card\n\n\nVisit www.KeepJackonTrack.com for More Information\n\n\n SAN DIEGO, Calif.--(BUSINESS WIRE)--\nJack in the Box Inc. (“Jack in the Box” or the “Company”) (NASDAQ: JACK), today mailed a letter to shareholders in connection with its upcoming Annual Meeting of Shareholders scheduled to be held on February 27, 2026 (the “Annual Meeting”). Shareholders of record as of January 2, 2026 will be entitled to vote at the Annual Meeting.\n\n\nIn the letter, the Company highlights actions taken by Jack in the Box’s strengthened Board in advancing the Company’s ”JACK on Track” plan, aimed at improving long-term financial performance, strengthening the balance sheet, and positioning the Company for sustainable growth. Further, in light of the “vote no” campaign launched by Biglari Capital Corp. (collectively with the participants in its solicitation, including Sardar Biglari, the ”Biglari Group”), the letter urges shareholders to vote “FOR” all 10 of Jack in the Box’s director nominees, including David Goebel, Independent Chair of the Jack in the Box Board, on the WHITE proxy card. Mr. Goebel brings critical expertise to Jack in the Box as one of the most qualified franchise executives in the quick-service restaurant and casual dining sector along with deep institutional knowledge of the Company, and his removal from the Board would jeopardize the continued successful execution of “JACK on Track” as well as the value of shareholders’ investments in Jack in the Box.\n\n\nThe full text of the letter follows:\n\n\nDear Fellow Shareholders,\n\n\nThe 2026 Annual Meeting of Shareholders (the “Annual Meeting”) of Jack in the Box Inc. (the “Company” or “Jack in the Box”) is coming up on February 27, 2026, and we are writing to ask you to vote “FOR” ALL 10 of the Company’s highly qualified director nominees and “FOR” each of the Company’s proposals on the WHITE proxy card.\n\n\nYour Board is excited about the future of the Company and its ability to build on the momentum the team has generated throughout the past year. Under the direction of the Company’s new Chief Executive Officer Lance Tucker, Jack in the Box is executing a multi-faceted “JACK on Track” plan, aimed at im...