Jack in the Box (NASDAQ: JACK) supply chain chief shifts to advisor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Jack in the Box Inc. announced a leadership change in its supply chain function. Effective July 2, 2026, Carl Mount stepped down from his Executive Leadership Team position as Senior Vice President and Chief Supply Chain Officer and will serve in an advisory role through October 1, 2026. The company states there were no disagreements with Mr. Mount on operations, policies, or practices. Subject to signing and not revoking a customary release of claims, he will be eligible for severance benefits under the Jack in the Box Inc. Severance Plan for Executive Officers.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Executive role end date: July 2, 2026
Advisory role end date: October 1, 2026
2 metrics
Executive role end date
July 2, 2026
Date Carl Mount ceased serving as an executive officer
Advisory role end date
October 1, 2026
Scheduled end of Carl Mount’s advisory role
Key Terms
Executive Leadership Team, Chief Supply Chain Officer, Severance Plan for Executive Officers, customary release of claims, +1 more
5 terms
Executive Leadership Team financial
"he step out of his Executive Leadership Team role as Senior Vice President"
The executive leadership team is a group of top managers responsible for making key decisions and setting the overall direction of an organization. They include the highest-ranking executives, such as the CEO and CFO, who work together like a team of captains guiding a ship. For investors, this team’s experience and decisions can significantly influence the company's success and stability.
Chief Supply Chain Officer financial
"Senior Vice President and Chief Supply Chain Officer of the Company"
Severance Plan for Executive Officers financial
"in accordance with the terms of the Jack in the Box Inc. Severance Plan for Executive Officers"
customary release of claims regulatory
"Subject to his execution and non-revocation of a customary release of claims"
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
FAQ
What executive change did Jack in the Box (JACK) disclose in this 8-K?
Jack in the Box reported that Carl Mount stepped down as Senior Vice President and Chief Supply Chain Officer. He left the Executive Leadership Team effective July 2, 2026, and will transition into an advisory role for the company through October 1, 2026.
When did Carl Mount cease being an executive officer of Jack in the Box (JACK)?
Carl Mount ceased serving as an executive officer of Jack in the Box on July 2, 2026. On that date, he stepped out of his Executive Leadership Team role while beginning a transition into an advisory role scheduled to continue through October 1, 2026.
What role will Carl Mount have at Jack in the Box (JACK) after leaving his executive position?
After leaving his Executive Leadership Team position, Carl Mount will serve in an advisory role at Jack in the Box. This advisory role runs through October 1, 2026, providing continuity during the leadership transition in the company’s supply chain function.
Is Carl Mount eligible for severance benefits from Jack in the Box (JACK)?
Carl Mount will be eligible to receive severance benefits under the Jack in the Box Inc. Severance Plan for Executive Officers. This eligibility is conditioned on his execution and non-revocation of a customary release of claims in favor of the company.
Did Jack in the Box (JACK) report any disagreements with Carl Mount?
Jack in the Box explicitly stated there were no disagreements with Carl Mount. The company noted there were no issues between him and the company regarding operations, policies, or practices in connection with his departure from the executive role.
What SEC item does this Jack in the Box (JACK) filing relate to?
The disclosure falls under Item 5.02, covering departures of directors or certain officers, elections of directors, appointments of officers, and compensatory arrangements. It specifically addresses Carl Mount’s departure from his executive role and related severance eligibility.