Highest-materiality recent filing
Wendy's names Steve Cirulis CFO/CSO, succeeding Ken Cook effective June 23
Cirulis to receive $675k base salary, 90% target bonus, $1.65M LTIP annual target.
Wendy's names Aaron M. Kale as new Chief Accounting Officer; Thuerk resigns
Suzanne M. Thuerk, Chief Accounting Officer, resigns effective June 7, 2026 to pursue outside opportunity.
Wendy's shareholders approve 21M share increase to 2020 Omnibus Award Plan
All 8 director nominees elected, including Arthur B. Winkleblack and Peter W. May.
Wendy's appoints Robert D. Wright as President and CEO effective May 21
Robert D. Wright appointed President and CEO effective May 21, 2026; also joins Board of Directors.
Wendy's Q1 net income down 42% to $22.7M; U.S. same-restaurant sales -7.8%
Reported diluted EPS $0.12, adjusted EPS $0.12; net income fell to $22.7M from $39.2M a year ago.
Wendy's responds to Trian amended 13D; reaffirms Project Fresh turnaround
Trian Fund Management filed an amended Schedule 13D on February 18, 2026.
Wendy's Q4 global systemwide sales fall 8.3%; net income drops to $26.5M
Global systemwide sales $3.4B (-8.3% Q4); full year $14.0B (-3.5%).
Wendy's updates CEO search: Board evaluating internal and external candidates
Board continues CEO search with global executive search firm; evaluating strong slate of internal and external candidates.
Wendy's issues $450M 5.422% notes; refinances near-term debt and amends indenture
Issued $450M Series 2025-1 5.422% Fixed Rate Senior Secured Notes, Class A-2, due 2055 (anticipated 2032).
Wendy's enters $450M securitization, issues 5.422% Series 2025-1 Notes due 2032
Master Issuer (Wendy's Funding, LLC) to issue $450M Series 2025-1 5.422% Fixed Rate Senior Secured Notes, Class A-2.
Wendy's subsidiaries to issue $400M in new securitized notes; proceeds to repay existing debt
New $400M fixed rate senior secured notes (Series 2025-1 Class A-2) to be issued.
Wendy's Q3 revenue $549.5M, net income $44.3M; U.S. same-store sales down 4.7%
Adjusted revenue $442.5M (-0.2% YoY); adjusted EPS $0.24 (-4.0% YoY); reported EPS $0.23.
Wendy's launches Project Fresh strategic plan; cuts Build to Suit capital by ~$20M in 2025
Reduces 2025 Build to Suit capital by ~$20M, with a larger anticipated reduction in 2026, to reallocate resources to drive AUV growth.
Wendy's Q2 2025: global systemwide sales down 1.8%, adjusted EPS $0.29 (+7.4%)
Global systemwide sales fell 1.8% to $3.66B; US same-restaurant sales dropped 3.6%, International up 1.8%.
Wendy's sets interim CEO Ken Cook's salary at $825k, $2M equity award
Annual base salary of $825,000 for interim CEO role.
Wendy's grants $2.22M in retention awards to exec team excluding interim CEO Cook
Retention awards approved July 24, 2025, effective August 12, 2025, for executive leadership excluding Ken Cook.
Wendy's names Pete Suerken President U.S.; Abigail Pringle to depart Aug 15, 2025
Pete Suerken appointed President U.S., effective July 22, 2025; previously CEO of QSCC purchasing co-op.
CEO Kirk Tanner resigns to lead Hershey; CFO Ken Cook named interim CEO
Kirk Tanner resigns as President and CEO effective July 18, 2025; will become CEO of The Hershey Company (NYSE: HSY).
Wendy's 2025 annual meeting: all director nominees elected, all three shareholder proposals rejected
All 10 director nominees elected; Kristin A. Dolan received lowest support (137.5M for vs 10.3M against).
Wendy's Q1: global same-restaurant sales -2.1%, adj EPS $0.20, cuts FY outlook
Global systemwide sales $3.4B (-1.1% YoY); same-restaurant sales -2.1% (U.S. -2.8%, Intl +2.3%).
Wendy's Q4 2024 adjusted EPS $0.25 (+19%); updates capital allocation policy
Q4 systemwide sales $3.7B (+5.4%); same-restaurant sales +4.3%.
Wendy's appoints Ken Cook as CFO replacing Gunther Plosch, effective Dec 2
Ken Cook joins from UPS, where he was Head of FP&A and previously CFO of $60B U.S. Domestic segment.
Wendy's reports Q3 2024 results; no specific financial figures provided in excerpt
CEO highlights sales growth, digital/loyalty platform strength, and breakfast/late-night daypart growth.
Wendy's appoints John Min as Chief Legal Officer and Mary Greenlee as SVP U.S. Operations
John Min named Chief Legal Officer and Secretary, effective Sept 16, reporting to CEO Kirk Tanner.
Wendy's Chairman Nelson Peltz resigns board; Arthur Winkleblack named Chairman
Nelson Peltz resigned from Wendy's Board effective Sept 6, 2024 to focus on Trian Fund Management and other board commitments.
Wendy's reports Q2 2024 results; detailed financials not included in excerpt
Press release dated August 1, 2024, covers quarter ended June 30, 2024.
Wendy's names Pringle President U.S., Wunsch President International effective June 17
Appoints Abigail Pringle President, U.S., overseeing 6,000+ Company-operated and franchised restaurants.
Global same-restaurant sales growth accelerated 120 bps on a two-year basis vs prior quarter.
CEO Kirk Tanner: 2023 marked 13th straight year of global same-restaurant sales growth.
Wendy's appoints Kirk Tanner as President & CEO, succeeding Todd Penegor effective Feb 5, 2024
Kirk Tanner, former PepsiCo Beverages NA CEO, named Wendy's President & CEO effective Feb 5, 2024.
Wendy's elects Wendy Arlin to board; Levato to retire in 2024
Board expanded to 13 members; Wendy C. Arlin elected independent director effective Dec 13, 2023.
Wendy's Q3: digital sales up 30%, 152 new restaurants YTD, lead independent director appointed
Global same-restaurant sales accelerated on a 2-year basis; digital sales grew 30% YoY.
Wendy's Q2 2023: U.S. restaurant margin up 200 bps, 80 global openings YTD
CEO cites strong same-restaurant sales and profit growth; breakfast and late-night dayparts deliver outsized growth.
All 12 director nominees elected, including Nelson Peltz and CEO Todd Penegor.
Wendy's Q1 2023 results cite double-digit sales growth and margin expansion; no dollar figures given
Global same-restaurant sales grew double-digit on a two-year basis for sixth straight quarter.
Wendy's elects Michelle Caruso-Cabrera to board, adding media and international expertise
Board increased from 11 to 12 members; Caruso-Cabrera elected effective March 23, 2023.
Wendy's reports audited Q4 and FY2022 results; breakfast sales accelerate, digital hits record
Audited results for Q4 and FY ended Jan 1, 2023, previously issued as preliminary on Jan 13.
Wendy's raises dividend 100% to $0.25, approves $500M buyback; CFO US resigns, CAO named
Q4/FY2022 prelim results: global same-restaurant sales double-digit two-year stack; margins expanded ~300bps in Q4 vs Q1; 275+ new restaurants opened.
Wendy's to report preliminary Q4 & FY 2022 results on Jan 13; capital allocation update
Results and capital allocation update to be released before market open on Jan 13, 2023.
Wendy's Q3 2022 same-restaurant sales accelerate; digital mix 10%
Global same-restaurant sales accelerated in Q3, marking fourth consecutive quarter of double-digit two-year basis.
Wendy's Q2 2022 earnings release cites double-digit same-restaurant sales growth, margin expansion
Press release reports accelerating double-digit Global same-restaurant sales on two-year basis for third consecutive quarter.
Wendy's reaffirms 2022 outlook, postpones Investor Day from June 9
Global systemwide sales growth reaffirmed at 6-8%; adjusted EBITDA $490-505M; adjusted EPS $0.82-0.86.
Wendy's responds to Trian Fund Management's amended Schedule 13D filing
Trian Fund Management filed an amended Schedule 13D with the SEC on May 24, 2022.
Wendy's shareholders elect all 11 directors, approve say-on-pay, reject gestation stall proposal
All 11 director nominees elected with majority support; Nelson Peltz received 153.6M votes for.
Over 90 new restaurant openings in Q1 2022; on track for 5-6% net unit growth for full year.
Wendy's closes $500M securitization; guides FY2022 adj EPS $0.82-$0.86; boosts buyback to $250M
Issued $100M 4.236% Class A-2-I notes (ant. repayment Mar 2029) and $400M 4.535% Class A-2-II notes (ant. repayment Mar 2032).
Wendy's Co issues $500M in securitized senior secured notes: $100M at 4.236%, $400M at 4.535%
Master Issuer issues $100M Series 2022-1 4.236% Class A-2-I Notes and $400M 4.535% Class A-2-II Notes.
Subsidiaries intend to issue $500M of Series 2022-1 Class A-2 fixed-rate senior secured notes, up to $600M.
CEO Todd Penegor says 2021 was a breakthrough year with double-digit global same-restaurant sales growth on a one- and two-year basis.
Wendy's completes $125M accelerated share repurchase, finalizing $300M buyback authorization
Repurchased 5,624,798 shares for $125M (2.5% of outstanding as of Nov 11, 2021).
On June 4, 2026, Suzanne M. Thuerk, Chief Accounting Officer (principal accounting officer) of The Wendy’s Company (the “Company”), provided notice to the Company of her intention to resign from the Company to pursue an opportunity outside the restaurant space.
on June 7, 2026, Aaron M. Kale, currently Vice President – Tax, was appointed as the Company’s Chief Accounting Officer and Vice President – Tax (principal accounting officer), effective as of June 8, 2026.
Kenneth Cook will cease to be the Interim Chief Executive Officer of the Company as of the Effective Date.
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
The Board also elected Mr. Wright to serve as a director of the Company, as of the Effective Date.
appointed Kenneth Cook as Chief Financial Officer of the Company, effective December 2, 2024
Gunther Plosch will cease to be the Chief Financial Officer of the Company as of the Effective Date.
designated Arthur B. Winkleblack as Chairman of the Board
On September 6, 2024, Nelson Peltz informed The Wendy’s Company (the “Company”) and its Board of Directors (the “Board”) of his resignation from the Board, effective immediately
On May 23, 2024, The Wendy’s Company (the “Company”) issued a press release announcing the appointment of Abigail Pringle to the newly created role of President, U.S. and E.J. Wunsch to the role of President, International, in each case effective June 17, 2024.
On May 23, 2024, The Wendy’s Company (the “Company”) issued a press release announcing the appointment of Abigail Pringle to the newly created role of President, U.S. and E.J. Wunsch to the role of President, International, in each case effective June 17, 2024.
the Board of Directors of the Company (the “Board”) appointed Kirk Tanner as President and Chief Executive Officer of the Company, effective February 5, 2024
Max materiality 0.80 · Median 0.50 · Most common event earnings