Jack in the Box Shareholders Re-Elect All 10 of its Board of Director Nominees and Approve Each of the Company’s Proposals
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independent chair of the boardfinancial
An independent chair of the board is a director who leads the company’s board but is not part of the company’s executive team and has no material ties to its management. Like a neutral referee, this person oversees board meetings, sets agendas, and helps ensure decisions are made in shareholders’ interests rather than to protect insiders. Investors watch for an independent chair as a signal that governance may be stronger, reducing conflicts of interest and improving oversight of strategy, risk and executive pay.
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An inspector of elections is an independent person or firm appointed to oversee and verify shareholder voting at corporate meetings, ensuring ballots and proxies are collected, validated and accurately counted. Like a neutral referee or scoreboard operator, they protect the integrity of votes that decide board members, mergers or other major actions, so investors can trust that outcomes reflect the true will of shareholders.
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A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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Mark King Appointed Independent Chair of the Board of Directors
SAN DIEGO, Calif.--(BUSINESS WIRE)--
Jack in the Box Inc. (“Jack in the Box” or the “Company”) (NASDAQ: JACK), today announced that the preliminary vote count from the Company’s independent Inspector of Elections indicates that shareholders have voted to elect all 10 of the Company’s nominees to the Jack in the Box Board of Directors (the “Board”) at the Company’s 2026 Annual Meeting of Shareholders (the “Annual Meeting”). In addition, the preliminary vote count indicates that shareholders approved each of the Company’s proposals.
The Company also announced that the Board appointed Mark King as Independent Chair of the Board, effective February 27, 2026, succeeding David Goebel, who will not stand for re-election at next year’s Annual Meeting.
“It is an honor to serve as Chair of the Board of Jack in the Box during this transformative time for the Company,” said Mr. King. “On behalf of the full Board, we thank our shareholders for their thoughtful feedback and perspectives as we engaged with them leading up to the Annual Meeting. Looking ahead, our Board and leadership team are fully focused on improving our financial performance through the execution of our ‘JACK on Track’ plan. We will continue advancing our priorities to drive operating results, strengthen the balance sheet, position the Company for growth, and enhance long-term shareholder value.”
The results announced today are considered preliminary until final results are tabulated and certified by the independent Inspector of Elections. Jack in the Box will report final results in a current report on Form 8-K that will be filed with the Securities and Exchange Commission.
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.
