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QSR - With CEO Now Looking To Exit Jack In The Box Would Be Logical Fit For Buyout By Restaurant Brands
Restaurant Brands International Inc.
On December 11, 2019, we learned directly from the company that current Jack in the Box (JACK) Chairman and CEO Lenny Comma is looking to leave his post after nearly 20 years. While no timetable is set, a search process for his successor is underway.
It is widely understood that an upcoming vacancy in the CEO position can lead to M&A approaches by possible suitors, as a deal can quickly bring to a close a global search for new management. While it seems a deal is less likely than normal in this