The Wendy's Company (WEN) announced that Kirk Tanner, President and Chief Executive Officer, is leaving to become the President and CEO at The Hershey Company (HSY). He will depart The Wendy's effective July 18, 2025. Wendy's Board has launched a search process to select a permanent CEO. The Board has appointed Ken Cook, Chief Financial Officer, as Interim CEO.
Also, the company announced that Bradley Peltz has been elected to serve as a director of the company and will replace Matthew Peltz, who has resigned from the Board.
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Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.