Consumer >> CEO Interviews >> October 6, 1999

Robert J. Nugent – Jack In The Box Inc (jbx)

ROBERT J. NUGENT is President and Chief Executive Officer of Jack In The Box, Inc. (formerly Foodmaker, Inc.), the operator and franchisor of Jack In The Box restaurants, one of the nation's largest hamburger fast- food restaurant chains. He is also a member of the Board of Directors of Foodmaker, Inc. Mr. Nugent joined Foodmaker in 1979 as division Vice President of Operations. In 1982, he became corporate Vice President of Restaurant Operations, a position he held until 1985. During this time, Mr. Nugent monitored operations at all Jack in the Box restaurants and launched comprehensive quality improvements throughout the chain. In 1985, he was promoted to the position of Executive Vice President of Operations and Marketing, which he held until 1988. During that period, Mr. Nugent initiated a new pricing strategy to increase returns from the chain's premium menu products. He also oversaw development of a successful two-tiered marketing strategy which reserved TV and radio advertising for premium menu offerings and relied on point-of-purchase promotions for less expensive items. Both of these initiatives increased company sales and contributed to a rapid expansion of Jack in the Box units. From 1986-92, under Mr. Nugent's leadership, Jack in the Box restaurants grew by 35 percent, increasing from 850 to 1,150 units. Over the same period, per store average sales increased by 36 percent. Mr. Nugent was honored as San Diego's 1998 Entrepreneur of the Year for innovation, excellence and success in financial performance and personal commitment to Foodmaker. The award was founded and produced by financial/business consulting firm Ernst & Young LLP to recognize outstanding owners of fast-growing companies. In the same year, 'Nation's Restaurant News' awarded Mr. Nugent with their Golden Chain award, one of the most prestigious honors in the foodservice industry. Mr. Nugent was also named 1998's Executive Of The Year by 'Restaurants and Institutions' magazine. Both awards recognize Nugent for returning Foodmaker to profitability after a 1993 food-borne illness outbreak. In 1988, Mr. Nugent became a member of the Board of Directors of Foodmaker, Inc. Later that year, he was named President and Chief Operating Officer of the company's Jack in the Box division, a position he held until his appointment as President and Chief Executive Officer of Foodmaker in 1996. Prior to joining Foodmaker, Mr. Nugent was Vice President of Operations for Ponderosa Restaurants in Dayton, Ohio. A native of Dayton, he attended the Graduate School of Business at the University of Dayton after earning a Bachelor's degree in Business Administration with a specialization in Finance from the University of Cincinnati. Active in the San Diego community, Mr. Nugent is a member of the Board of the San Diego County chapter YMCA and a past President of the Board of the Museum of Contemporary Art in San Diego. Profile
TWST: Let's start out by your telling us a bit about Jack In The Box, an

overview of the company the history, products, services, customers,

those kinds of things please.

Mr. Nugent: Jack In