Wendy's appoints Robert D. Wright as President and CEO effective May 21

Wendy's Co

Robert D. Wright appointed President and CEO effective May 21, 2026; also joins Board of Directors.
Wright previously served as CEO of Potbelly Corp and held prior senior roles at Wendy's including EVP, COO.
Compensation: base salary $1M, target bonus 175% of salary, LTIP awards: PSUs ($3.1M), RSUs ($900K), options ($1.5M).
Ken Cook, who served as interim CEO, will continue as CFO.
Wright eligible for retirement-based vesting after 6 years as CEO.

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Role change (interim)

Kenneth Cook

Interim Chief Executive Officer

WEN · Wendy's Co

Effective: 2026-05-21
Successor: Robert D. Wright
Filed: May 20, 2026 12:36 UTC

Kenneth Cook will cease to be the Interim Chief Executive Officer of the Company as of the Effective Date.

Appointed

Robert D. Wright

President and Chief Executive Officer

WEN · Wendy's Co

Effective: 2026-05-21
Filed: May 20, 2026 12:36 UTC

On May 17, 2026, the Board of Directors (the “Board”) of The Wendy’s Company (the “Company”) appointed Robert D. Wright as President and Chief Executive Officer of the Company, effective May 21, 2026

Appointed

Robert D. Wright

Director

WEN · Wendy's Co

Effective: 2026-05-21
Filed: May 20, 2026 12:36 UTC

The Board also elected Mr. Wright to serve as a director of the Company, as of the Effective Date.

Source: SEC EDGAR

accession 0001193125-26-231809

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