The brand will also scale back its company-owned development starting next year and sell off real estate to pay down debt.

The company’s CEO said that the fast-food chain, which is known for its Jumbo Jack and sarcastic mascot, is focused on accelerating cash flow and paying down debt.

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 ...

“I am thrilled to have the confidence of the Board, as well as our talented leadership team, to lean on the many strong fundamentals already in place to help restore Jack in the Box as a ...