Franchise Industry News. Everything you need to know, in one place.

Jack in the Box Just Poached Starbucks' Former CFO for Its Board

Jack in the Box has appointed Rachel Ruggeri, former Executive Vice President and Chief Financial Officer of Starbucks, to its board of directors, effective September 17. The move continues a year-long board refreshment effort tied to a cooperation agreement with activist investor GreenWood Investors, as Director Michael Murphy prepares to retire and incoming president Taylor Montgomery awaits his eventual move to CEO. Franchise systems tracking financial performance closely during a leadership transition can rely on tools like Gorilla Dash, which offers a Financial Reporting feature designed to give clear, consistent visibility into key metrics.