Jack in the Box is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new CEO Lance Tucker, it said Wednesday.

American restaurant company Jack in the Box named Lance Tucker as its permanent CEO in early April 2025 with immediate effect. Tucker, who has been interim CEO since February, served as chief ...

The plan was announced Wednesday by CEO Lance Tucker, according to CNN. Tucker says the company is looking to pay $300 million in debt in the next two years. As part of the plan to pay down that ...

The closures are aimed at “addressing our balance sheet to accelerate cash flow and pay down debt,” said Jack in the Box CEO Lance Tucker in a statement, with the chain hoping the pay off $300 ...

“Nearly 100 percent” of the Jack in the Box closures will be franchise locations, said CEO Lance Tucker. And with the hiring of a strategic adviser, the company will explore alternatives for Del Taco, ...

“Jack in the Box operates at its best, and maximizes shareholder return potential, within a simplified and asset-light business model,” Lance Tucker, the restaurant’s newly named CEO, said in a ...

Jack in the Box named Lance Tucker as its top executive. Tucker has held the restaurant chain's top role on an interim basis since February, the San Diego company said Monday. He rejoined the ...

including a potential sale as part of the company’s comprehensive reconfiguration under its newly-named CEO Lance Tucker. Jack in the Box Plans Closures and Cuts to Refocus Core Business San ...

Jack in the Box named Lance Tucker as permanent CEO on Monday, the company said in a press release. Tucker had served as CEO in an interim capacity since the departure of Darin Harris in late ...