Core Points - Jack in the Box Inc. has appointed Mark King and Alan Smolinisky as new independent directors to its Board of Directors, expanding the board to 10 members [1][2][3] - The appointments are part of a cooperation agreement with stockholder GreenWood Investors, LLC, which includes provisions for voting and a Capital Allocation Committee chaired by Mr. Smolinisky [2][3] - The company aims to enhance its performance and stockholder value through a simplified, asset-light business model, leveraging the expertise of the new directors [3][4] Company Overview - Jack in the Box operates approximately 2,160 restaurants across 22 states and is one of the largest hamburger chains in the U.S. [6] - The company also operates Del Taco, the second largest Mexican-American QSR chain in the U.S. with over 550 restaurants across 18 states [6] Directors' Background - Mark King has over 40 years of experience in the restaurant and retail industries, including leadership roles at Taco Bell and adidas North America [3][4] - Alan Smolinisky is a transformative investor with nearly three decades of experience in commercial real estate, finance, and capital markets, and is known for his role in co-owning the Los Angeles Dodgers [4] Strategic Intent - The cooperation agreement with GreenWood is aimed at improving the company's performance, reducing debt, and driving sustainable same-store sales [3][4] - The board's focus will be on building momentum in the business and enhancing stockholder value through strategic insights from the new directors [3][4]

Core Points - Empire State Realty Trust, Inc. (ESRT) has signed a lease with SORA for a 14,430 square foot high-end restaurant at One Grand Central Place, enhancing its retail portfolio [1][3] - SORA is a Japanese omakase-style restaurant featuring five high-end dining concepts curated by top chefs from Japan and a cocktail experience directly from Tokyo [2][3] - The addition of SORA aligns with ESRT's strategy to meet the expectations of top-tier tenants and enhance the culinary offerings in the Grand Central District [3] Company Overview - Empire State Realty Trust, Inc. is a New York City-focused REIT that owns and operates a portfolio of modernized office, retail, and multifamily assets, including the iconic Empire State Building [5] - As of June 30, 2025, ESRT's portfolio includes approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 743 residential units [5]