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Jack in the Box Springs into Search for new CEO

Lenny Comma has announced his plans to step down as chairman and chief executive officer for Jack in the Box. Although no exact time frame was provided, the quick-service restaurant chain’s board of directors has begun a search to find Comma’s replacement.

The chain’s leadership hopes to identify a successor and have Comma work with this person to ensure a smooth transition, per a company release. The search for a new Jack in the Box CEO is expected to include both internal and external candidates.

Comma spent 18 years with Jack in the Box, including 6 as the restaurant chain’s CEO. Reflecting on his tenure, Comma said, “Since 2014, we’ve sold Qdoba, finished our evolution to an asset-light brand by completing our refranchising efforts, gone through a rigorous strategic alternatives process, completed a very complex $1.3 billion securitization transaction, dramatically strengthened our operations leadership bench, and recently concluded our ninth straight year of system same-store sales growth.”