leadership
confidence high
sentiment neutral
materiality 0.70
Wendy's names Steve Cirulis CFO/CSO, succeeding Ken Cook effective June 23
Wendy's Co
- Cirulis to receive $675k base salary, 90% target bonus, $1.65M LTIP annual target.
- Cook terminated without cause; receives 24 months salary continuation for interim CEO service.
- Cirulis previously Potbelly CFO/CSO, partnered with CEO Wright on 500% share price gain.
- Cook served as CFO since 2024 and interim CEO 2025-2026; will advise through July.