The executive has been with the chain since 2016
Andrew Martin, Jack in the Box’s senior vice president and chief information officer, is leaving the company, according to a filing by the San Diego-based quick service chain with the Securities & Exchange Commission.
The filing said Martin would receive the company’s usual severance benefits and an additional $16,325, which is the prorated value of stock that would have vested in November and December of this year.
His departure is effective May 7.
According to Martin’s LinkedIn page, he joined Jack in the Box as CIO in November of 2016.
It is unclear whether Martin’s departure is part of the broader executive restructuring that has been underway since Darin Harris joined the company as CEO last spring.
Pandemic takeout orders fuel strong financial results for Jack in the Box sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.
Jack in the Box not only managed to come out of another quarter with earnings that beat analysts estimates, but also grew its companywide quarter-year over quarter-year same-store sales 7.5% during the first quarter of this year, which ended Jan. 17.