Wendy’s Eyes Expansion With New CEO


The Wendy’s Company announced the appointment of Kirk Tanner, former CEO of PepsiCo Inc.’s North American Beverages Division, as its new president and CEO, effective February 5. Tanner, with more than 30 years of experience in the food and beverage industry, also joins Wendy’s board.

He succeeds Todd Penegor, who is stepping down after leading Wendy’s for more than a decade. Nelson Peltz, chairman of the Wendy’s board, praised Tanner’s operational leadership and customer-focused approach, expressing confidence in his ability to drive the brand’s growth and expansion.

Related: Considering franchise ownership? Get started now and take this quiz to find your personalized list of franchises that match your lifestyle, interests and budget.

“We are thrilled to welcome an executive of Kirk’s caliber to the Wendy’s team,” said Peltz, in a statement. “Kirk is a proven operational leader whose customer-centric mindset and broad experience positioning and growing some of the most well-known global brands make him the ideal candidate to lead Wendy’s into its next phase of growth and expansion.”

The fast-food chain, founded in 1969, operates more than 7,000 restaurants globally and is set to report its full-year 2023 earnings on February 15. Read More: CNBC



Source link: https://www.entrepreneur.com/franchises/wendys-eyes-expansion-with-new-ceo/468589

Sponsors

spot_img

Latest

30+ Easy No-Bake Desserts – A Beautiful Mess

What’s the first thing that comes to mind when someone mentions no-bake desserts? We think of classic no-bake cookies almost every time. However,...

“Novak Djokovic record holder in Grand Slams,” said a top insider

The well-known tennis journalist of the Sky Sport broadcaster Stefano Meloccaro gave an interview for the Italy Tennis Players twitch and youtube...

Tron Founder Justin Sun’s $815M TUSD Mint Raises Eyebrows

Justin Sun has recently stirred controversy with his crypto maneuvers, leaving many intrigued. Sun‘s claims of...

Facebook now has 2 billion users

Almost 20 years in, Facebook is still growing. The social network now has 2 billion daily active users, Meta reported alongside its fourth-quarter...

With Berhalter in limbo, US men begin camp under Hudson

CARSON, Calif. (AP) — Anthony Hudson's first practice in charge of the U.S. men's national team would have been a career milestone for...