(Reuters) – Fast-food restaurant chain Jack in the Box said on Monday its CEO, Darin Harris, is stepping down but will remain as a consultant through March 14.
Harris, who has been at the helm for nearly five years, has accepted a new position outside of the restaurant industry, the company said.
Jack in the Box’s finance chief Lance Tucker, who joined in January, has been appointed to serve as interim principal executive officer, effective February 24.
The San Diego, California-based company has been grappling with weaker demand as consumers have pulled back spending owing to rising inflationary woes. (This story has been refiled to fix a typo in the headline)
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Alan Barona)
