secwatch.observer — SEC 8-K summary
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Issuer:     Wendy's Co (WEN)
CIK:        0000030697
Form:       8-K
Filed at:   2026-06-23T12:35:26+00:00
Accession:  0001193125-26-278576
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wendy's names Steve Cirulis CFO/CSO, succeeding Ken Cook effective June 23
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30697/000119312526278576/0001193125-26-278576-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30697/000119312526278576/d158135d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-278576

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer