This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Qdoba Mexican Grill® Announces Leadership Changes

Qdoba Restaurant Corporation, a wholly owned subsidiary of Jack in the Box Inc. (NASDAQ: JACK) that operates and franchises Qdoba Mexican Grill®, today announced that President and CEO Gary J. Beisler plans to retire from the company. A search is under way to identify a successor to Beisler, who will continue to serve in his current capacities until a successor is named. The company also announced today that Jeffrey C. Wood is joining the company as Qdoba’s Vice President and Chief Development Officer.

Beisler, who joined Qdoba in 1998 as its Chief Operating Officer, has served as its CEO since November 2000 and as President since January 1999.

Linda A. Lang, Chairman and CEO of Jack in the Box Inc., said, “We commend Gary for his vision in helping define the unique attributes that distinguish Qdoba from its competitors and for leveraging those qualities in expanding the brand. We wish him all the best as he prepares for the next chapter in his life and look forward to his continued leadership as we search for an experienced senior executive to help execute Qdoba’s growth strategy.”

“I have thoroughly enjoyed each of the past 14 years and leading this great brand through a period of tremendous growth and success,” Beisler said. “Qdoba had just 13 locations when I started, and today it’s the one of the largest concepts in the fast-casual industry. I want to thank our wonderful employees and franchise community for contributing to our brand’s success and for all of the support that they’ve given me over the years.”

Qdoba, which was founded in Denver in 1995, was acquired by Jack in the Box Inc. in January 2003. The chain has subsequently grown from 85 units in 16 states to more than 600 restaurants in 42 states and the District of Columbia. The company plans to continue expanding through both company and franchise development. Leading that development will be Jeffrey C. Wood, who has joined Qdoba as Vice President and Chief Development Officer.

Stock quotes in this article: JACK 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs