Dublin / OH. (twc) The Wendy’s Company announced that Todd Penegor has been appointed Chief Executive Officer of the Company, in addition to his current role as President, and that Emil Brolick has retired from management duties with the Company. In October 2015, Brolick announced his intention to retire, with Penegor designated as successor for the President and CEO roles. Penegor has served as Chief Financial Officer of the Company since 2013, and has transitioned those responsibilities to Gunther Plosch, who joined the Company earlier this month. Subject to stockholder approval at the Company’s Annual Meeting of Stockholders, Brolick will continue to serve on the Board of Directors, and Penegor will join the Board of Directors.
The Company also announced that Bob Wright, Executive Vice President and Chief Operations Officer, will assume leadership responsibilities for the International division on May 30 in addition to his current responsibilities. Wright has been working closely with the International team and franchisees over the past several months, and brings his wealth of operational and general management experience to the International business as it prepares for future growth and expansion in key markets.
«The transition of CEO duties from Emil Brolick to Todd Penegor has been seamless, as expected», said Nelson Peltz, Chairman of the Board of Directors. «Todd’s strong leadership, operational expertise and great passion for Wendy’s will benefit the brand and all of Wendy’s stakeholders. We are also very grateful for Emil’s many contributions and his efforts to ensure that he retired with an excellent successor in place, and a highly capable senior leadership team».
With the leadership assignments confirmed, Penegor will lead a senior management team that includes: Bob Wright, Executive Vice President, Chief Operations Officer and International; Kurt Kane, Chief Concept and Marketing Officer; Gunther Plosch, Chief Financial Officer; Scott Weisberg, Chief People Officer; Liliana Esposito, Chief Communications Officer; Abigail Pringle, Chief Development Officer; David Trimm, Chief Information Officer; Dana Klein, Interim General Counsel and Assistant Secretary; Scott Kriss, Senior Vice President, Chief Accounting and Tax Officer.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- ADM: Appoints EVP and Chief Financial Officer
- Position change: Chipotle announces new CFO
- Delivery Hero announces interim Chief Financial Officer
- McCormick: Announces Executive VP and CFO
- Cloetta: Confectionery Group appoints country manager
- Fazer Group: announces Chief Procurement Officer
- Little Caesars And Ilitch Announce Key Technology Promotions
- Sweden Won The 52nd UIBC World Championship Of Young Bakers
- CKE Restaurants: Appoints Chief Technology and Growth Officer
- RBI: Announces Election of Directors
- «ezCater»: Names Chief Revenue Officer
- Schwan’s Company: names new Chief Executive Officer
- Post Holdings: Announces Upcoming Leadership Changes
- RBI: Appoints Senior Advisor in Asia-Pacific Region
- KKD: announces Chief Legal Officer
- Nomad Foods: appoints new Chief Financial Officer
- Rohlik Group: announces new Chief Technology Officer
- Ardent Mills: Names new Chief Executive Officer
- Wendy’s: Company announces management optimization
- Kesko: announces changes to the Group’s Management Board