Jack in the Box Inc. (NASDAQ: JACK) said Monday that its president and chief operating officer, Paul Schultz, will retire from his position on Jan. 31, 2010, after 36 years at the company.
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Schultz has been COO since 2005 after beginning his career with the company in 1973 as a Jack in the Box crew member in Covina, CA.
There has been no replacement selected yet.
Shares in Jack in the Box stock went up 41 cents to $20.48 in afternoon trading.
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