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Wendys Co (WEN.O)

WEN.O on Nasdaq

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Summary

Name Age Since Current Position

Nelson Peltz

73 2007 Non-Executive Chairman of the Board

Todd Penegor

50 2016 President, Chief Executive Officer

Peter May

73 2007 Non-Executive Vice Chairman of the Board

Gunther Plosch

48 2016 Chief Financial Officer

Robert Wright

48 2014 Chief Operating Officer, Executive Vice President

Scott Kriss

47 2014 Senior Vice President – Chief Accounting and Tax Officer

Kurt Kane

44 2015 Chief Concept and Marketing Officer

Liliana Esposito

41 2014 Chief Communications Officer

Scott Weisberg

52 2012 Chief People Officer

Emil Brolick

68 2016 Director

Matthew Peltz

33 2015 Director

Janet Hill

68 2008 Independent Director

Dennis Kass

65 2015 Independent Director

Joseph Levato

75 1996 Independent Director

Michelle Mathews-Spradlin

49 2015 Independent Director

Peter Rothschild

60 2010 Independent Director

David Poplar

VP Investor Relations

Biographies

Name Description

Nelson Peltz

Mr. Nelson Peltz serves as Non-Executive Chairman of the Board of The Wendy's Co. Mr. Peltz has been a director of the Company since April 1993 and has served as non-executive Chairman since June 2007. He served as Chairman and Chief Executive Officer of the Company and as a director or manager and an officer of certain of the Company’s subsidiaries from April 1993 through June 2007. Additionally, Mr. Peltz has been Chief Executive Officer and a founding partner of Trian Fund Management, L.P. (“Trian Partners”), a management company for various investment funds and accounts, since November 2005. From its formation in January 1989 to April 1993, Mr. Peltz was Chairman and Chief Executive Officer of Trian Group, Limited Partnership (“Trian Group”), which provided investment banking and management services for entities controlled by Mr. Peltz and Peter W. May. From 1983 to December 1988, Mr. Peltz was Chairman and Chief Executive Officer and a director of Triangle Industries, Inc. (“Triangle Industries”), which, through wholly-owned subsidiaries, was, at that time, a manufacturer of packaging products, copper electrical wire and cable and steel conduit and currency and coin handling products. Mr. Peltz has also served as a director of Legg Mason, Inc. since October 2009, as a director of H. J. Heinz Company since September 2006, and as a director of Trian Acquisition I Corp. since October 2007.

Todd Penegor

Mr. Todd A. Penegor is President, Chief Executive Officer of the Company., May 26, 2016. He joined the Company in June 2013 and has served as Executive Vice President, Chief Financial Officer and International of the Company since December 2014. Mr. Penegor previously served as Senior Vice President and Chief Financial Officer of the Company from September 2013 to December 2014. Prior to joining the Company, Mr. Penegor worked at Kellogg Company, a global leader in food products, from 2000 to 2013, where he held several key leadership positions, including Vice President of Kellogg Company and President of U.S. Snacks from 2009 to June 2013, Vice President and Chief Financial Officer of Kellogg Europe from 2007 to 2009, and Vice President and Chief Financial Officer of Kellogg USA and Kellogg Snacks from 2002 to 2007. Prior to joining Kellogg Company, Mr. Penegor worked for 12 years at Ford Motor Company in various positions, including strategy, mergers and acquisitions, the controller’s office and treasury.

Peter May

Mr. Peter W. May serves as Non-Executive Vice Chairman of the Board of The Wendy's Co. He has been a director of the Company since April 1993 and has served as non-executive Vice Chairman since June 2007. He served as the President and Chief Operating Officer of the Company and as a director or manager and an officer of certain of the Company’s subsidiaries from April 1993 through June 2007. Additionally, Mr. May has been President and a founding partner of Trian Partners since November 2005. From its formation in January 1989 to April 1993, Mr. May was President and Chief Operating Officer of Trian Group. From 1983 to December 1988, he was President and Chief Operating Officer and a director of Triangle Industries. Mr. May has also served as a director of Tiffany & Co. since May 2008, and as a director of Trian Acquisition I Corp. since October 2007. Mr. May previously served as a director of Deerfield Capital Corp. (“Deerfield Capital”), predecessor to CIFC Corp., from December 2007 to June 2010.

Gunther Plosch

Mr. Gunther Plosch is Chief Financial Officer of the Company. He joins the Company from the Kellogg Company, where he has spent the last 16 years in finance roles of increasing responsibility, including his most recent assignment as Vice President of Global Business Services and, previously, Vice President and Chief Financial Officer for the $9.5 billion Kellogg North America business. Mr. Plosch began his career with The Procter & Gamble Company in Austria, where he spent nine years in various divisions, ultimately serving as Associate Director of Finance for the Central and European division. He joined Kellogg in 2000 as the Finance Director in the United Kingdom division, and was subsequently promoted to the U.S. business in 2005, where he led finance teams in Corporate Planning and Morning Foods. In 2010 he became Chief Financial Officer of Kellogg North America, and in 2014 was elevated to Vice President of Global Business Services.

Robert Wright

Mr. Robert D. Wright is Chief Operating Officer, Executive Vice President of The Wendy's Co. He joined the Company in December 2013. Prior to joining the Company, Mr. Wright served as President, Chief Operating Officer and Interim Chief Executive Officer of Charley’s Grilled Subs from December 2010 to December 2013. In this general management role, he led all company and franchise operations, marketing, supply chain, training, human resources and business analysis for the Charley’s system, which has more than 500 restaurants in 47 states and U.S. territories and 20 countries. Prior to that, Mr. Wright served as Executive Vice President of Company and Franchise Operations for Checkers Drive-In Restaurants Inc. from January 2008 to August 2010, where he was responsible for more than 800 restaurants operating as Checkers and Rally’s. Previously, Mr. Wright worked for 10 years at Wendy’s International, Inc., where he held a number of positions of increasing responsibility, scope and complexity, including Franchise Area Director from 1998 to 2000, Director of Area Operations from 2000 to 2005, President of Café Express, LLC from 2005 to 2006, and Vice President of Operations and Training Integration from 2006 to 2008. Mr. Wright started his career with Domino’s Pizza Inc., where he held a number of roles supporting both company and franchise operations over an 11-year period. He earned a bachelor’s degree in Business Management from LeTourneau University in Longview, Texas, where he was an honors graduate.

Scott Kriss

Mr. Scott A. Kriss has been appointed as Senior Vice President – Chief Accounting and Tax Officer of The Wendy's Company. Mr. Kriss has been Senior Vice President – Tax for the Company since June 2012. In this position, Mr. Kriss has been responsible for controlling, administering and managing all aspects of the Company’s tax function. Prior to joining the Company, Mr. Kriss served as Tax Director – Americas for Bacardi-Martini, Inc. from December 2010 to May 2012. In this capacity, Mr. Kriss was responsible for all aspects of Bacardi’s tax function in the Americas. Mr. Kriss has extensive experience as a tax executive in the retail industry. He served as Vice President – Tax at Tween Brands, Inc. from 2008 to 2010. In addition, he was a member of the Tween Brands Administrative Committee, which provided overall responsibility for the management and operation of that company’s qualified and non-qualified investment plans. Prior to Tween Brands, Mr. Kriss was employed by Limited Brands (now known as L Brands) from 1994 to 2008. Throughout his 14 year tenure at Limited Brands, he held various leadership positions, last serving as Vice President – Tax from 2005 to 2008. Mr. Kriss began his career in tax with Arthur Andersen from 1991 to 1994. Mr. Kriss is a certified public accountant and a member of the American Institute of CPAs, Ohio Society of CPAs and Tax Executives Institute.

Kurt Kane

Mr. Kurt A. Kane is Chief Concept and Marketing Officer of the company since October 2015. He joined the Company in May 2015. Mr. Kane served as our Chief Concept Officer from May 2015 to October 2015. Prior to joining the Company, Mr. Kane worked at Yum! Brands, Inc. for seven years, where he held several key leadership positions for the Pizza Hut brand, including Global Chief Marketing and Food Innovation Officer from January 2014 to March 2015, Chief Marketing Officer of Pizza Hut U.S. from February 2011 to December 2013 and Vice President of Brand Marketing and Communications of Pizza Hut U.S. from 2008 to 2010. Prior to joining Yum! Brands, Mr. Kane worked at Frito-Lay, Inc. from 2005 to 2008, where he served as Marketing Director for New Products and Multipack Business and as Senior Brand Manager for the Doritos brand. Prior to that, he worked at Molson Coors Brewing Company from 2001 to 2005, where he was a Brand Manager and Brand Director for the Molson portfolio. Mr. Kane began his career as an Air Defense Artillery platoon officer in the 4th Infantry Division of the U.S. Army. Following his military service, he began his business career at The Procter & Gamble Company, where he worked as an Assistant Brand Manager for the Sunny Delight brand from 1998 to 2001. Mr. Kane also serves as a trustee of the Dave Thomas Foundation for Adoption.

Liliana Esposito

Ms. Liliana Esposito is Chief Communications Officer of the Company. Most recently, Esposito worked for Dean Foods, the nation’s largest processor and distributor of dairy products, as Vice President, Corporate Communications and Public Affairs. As a member of Dean’s® executive leadership team, she was responsible for aligning communications with business needs and successfully executing engagement strategies for key internal and external audiences. She also played a key role in Dean’s re-structuring into three distinct businesses, served as president of the company's philanthropic foundation and spearheaded communications on critical topics such as environmental sustainability, animal welfare and nutrition. Prior to Dean Foods, Esposito held a number of roles of increasing scale and complexity that included Mercury Public Affairs, where she was Senior Vice President and led campaigns for leading corporate and non-profit clients. She also worked as a Public Affairs Manager for Mars Inc. and, earlier in her career, as a Senior Associate with Burson-Marsteller. Esposito holds a J.D. from Seton Hall University and a B.A. from The University of Virginia.

Scott Weisberg

Mr. Scott A. Weisberg serves as Chief People Officer of The Wendy's Co. Prior to joining the Company, Mr. Weisberg served as Senior Vice President and Chief Human Resources Officer of MEMC Electronic Materials, Inc, from 2010 to 2011. Prior to that, he worked for 15 years at General Mills, Inc., where he held several key leadership positions, including Vice President, Human Resources for the U.S. Retail Organization from 1995 to 2010. Prior to joining General Mills, Inc., Mr. Weisberg held human resources and training positions with Nabisco, Inc. from 1993 to 1995 and with PepsiCo from 1987 to 1993.

Emil Brolick

Mr. Emil J. Brolick is Director of the Company., effective May 26, 2016. He is no longer President, Chief Executive Officer, Director of The Wendy's Co. Prior to joining the Company, Mr. Brolick served as Chief Operating Officer of Yum! Brands, Inc. (“Yum! Brands”) and as President of two of Yum! Brand’s U.S. operating segments, Long John Silver’s and A&W All American Food Restaurants, from June 2008 to September 2011. From December 2006 to June 2008, Mr. Brolick served as President of U.S. Brand Building for Yum! Brands. Prior to that, Mr. Brolick served as President and Chief Concept Officer of Taco Bell Corp. (“Taco Bell”), a position he held from July 2000 to November 2006. Prior to joining Taco Bell in July 2000, Mr. Brolick worked at Wendy’s International Inc. (“Wendy’s International”) for 12 years, lastly serving as Senior Vice President of New Product Marketing, Research and Strategic Planning. Mr. Brolick also serves as a trustee of the Dave Thomas Foundation for Adoption.

Matthew Peltz

Mr. Matthew H. Peltz is Director of the Company. Peltz is a Partner and has been a member of the Investment Team of Trian Fund Management, L.P. since January 2008. As a senior member of the Investment Team, he sources new investment ideas, leads due diligence on potential investments and focuses on portfolio construction, risk management and corporate governance matters. Prior to joining Trian, Peltz was with Goldman Sachs & Co. from May 2006 to January 2008, where he worked as an investment banking analyst, and subsequently joined Liberty Harbor, an affiliated multi-strategy hedge fund. He is a member of the Andover Development Board at Phillips Academy and previously served as a director of ARG Holding Corporation, the parent company of the Arby’s® restaurant brand, from September 2012 to December 2015.

Janet Hill

Ms. Janet Hill serves as an Independent Director of The Wendy's Co. Ms. Hill has been a director of the Company since September 2008. She served as a director of Wendy’s International from 1994 until its merger with a subsidiary of the Company in September 2008. Ms. Hill is a principal in Hill Family Advisors, where she oversees her family’s assets and investments. She also serves as an officer of Hill Ventures. From 1981 until her retirement in 2010, Ms. Hill was Vice President of Alexander & Associates, Inc., a corporate consulting firm in Washington, D.C. which she owned and managed, where she provided corporate planning, advice and analysis to directors, executives and managers in the areas of human resource planning, corporate responsibility, corporate communications and government consultation. Ms. Hill also serves as a director of Dean Foods Company, Sprint Nextel Corporation and Carlyle Group Management L.L.C., the general partner of The Carlyle Group L.P. She also serves on the board of trustees at Duke University, the board of the Knight Commission on Intercollegiate Athletics and the board of directors of the Military Bowl.

Dennis Kass

Mr. Dennis M. Kass is Independent Director of the Company. Kass currently is a member of the Board of Directors at Legg Mason, Inc., where he serves as a member of the finance, audit and compensation committees. He previously served as non-executive Chairman of Legg Mason from July 2013 until October 2014. Prior to his chairmanship at Legg Mason, Kass served for nine years as Chairman and Chief Executive Officer of Jennison Associates, LLC, until his retirement in 2012. Before joining Jennison, Kass spent 13 years with JP Morgan’s investment management unit, last serving as Vice Chairman and Chief Fiduciary Officer of JP Morgan Fleming Asset Management. Prior to joining JP Morgan in 1990, he was Vice President of the investment banking division at Goldman Sachs. Kass served in the Reagan administration as the Assistant Secretary of Labor for Pension and Welfare Benefits from 1985 to 1987 and was a Special Assistant to the President for Policy Development in the economic area from 1981 to 1982. He currently serves as an Advisory Partner of Trian Fund Management, L.P., and as a member of the Lockheed Martin Investment Management Company Advisory Board, the Investment Advisory Board of Cleveland Clinic Innovations and the Advisory Board for Finance and the Global Executive Board for the MIT Sloan School of Management.

Joseph Levato

Mr. Joseph A. Levato serves as an Independent Director of The Wendy's Co. Mr. Levato has been a director of the Company since June 1996. Mr. Levato served as Executive Vice President and Chief Financial Officer of the Company and certain of its subsidiaries from April 1993 to August 1996, when he retired from the Company. Prior to that, he was Senior Vice President and Chief Financial Officer of Trian Group from January 1992 to April 1993. From 1984 to December 1988, Mr. Levato served as Senior Vice President and Chief Financial Officer of Triangle Industries.

Michelle Mathews-Spradlin

Ms. Michelle “Mich” Mathews-Spradlin is Independent Director of Company. Prior to her retirement in 2011, Mathews-Spradlin worked at Microsoft Corporation for 18 years, where she served, among other roles, as Chief Marketing Officer and Senior Vice President. In this position, she oversaw the company’s global marketing function and built demand for the technology brands, including Windows, Office, Xbox, Bing and Internet Explorer. She oversaw a multi-billion dollar marketing budget and a department of several thousand people. Mathews-Spradlin grew up in England and attended Brighton University, where she received a Bachelor’s degree in Business Management. After graduation, she spent three years in various capacities at General Motors and then began her career with Microsoft as a communications consultant in the United Kingdom. She later joined Microsoft as a full-time employee in 1993 as head of the corporate public relations function. In addition to her Board seat at Wendy’s, Mathews sits on the Digital Advisory Board of Unilever N.V., and the Boards of Oanda Corporation, True [X] Media and Bitium, Inc. She also serves as Executive-in-Residence at the University of Southern California’s Annenberg School of Journalism and Communications.

Peter Rothschild

Mr. Peter H. Rothschild serves as an Independent Director of The Wendy's Co. Mr. Rothschild has been a director of the Company since May 2010. He served as a director of Wendy’s International from March 2006 until its merger with a subsidiary of the Company in September 2008. Mr. Rothschild has been the Managing Member of Daroth Capital LLC, a financial services company, since its founding in 2001 and the President and CEO of its wholly-owned subsidiary, Daroth Capital Advisors LLC, a securities broker-dealer, since 2002. Prior to founding Daroth Capital, Mr. Rothschild was a Managing Director and Co-Head of the Leveraged Finance and Industrial Finance groups at Wasserstein Perella, the predecessor company to Dresdner Kleinwort Wasserstein, where he served from 1996 to 2001. From 1990 to 1996, Mr. Rothschild was a Senior Managing Director and Head of the Natural Resources Group at Bear, Stearns & Co. Inc. and was one of the founders of the firm’s Leveraged Finance and Financial Buyer Coverage groups. From 1984 to 1990, Mr. Rothschild was a Managing Director and Head of the Industrial Group at Drexel Burnham Lambert. Mr. Rothschild served as a director of Deerfield Capital, predecessor to CIFC Corp., from December 2004 to April 2011, and as the Interim Chairman of Deerfield Capital’s board of directors from April 2007 to April 2011.

David Poplar