WEN

Wendy's appoints new Presidents for U.S. and International segments

The Wendy's Company has appointed Abigail Pringle as the President, U.S. and E.J. Wunsch as President, International. This move is part of the company's effort to support the growth of its core business segments. With over 6,000 company-operated and franchised restaurants in the U.S., Pringle will now direct all aspects of Wendy's U.S. business, while Wunsch will assume similar accountability for Wendy's international business across 33 countries and U.S. territories.

President and CEO Kirk Tanner expressed confidence that having dedicated presidents for the U.S. and international business segments, alongside global centers of excellence, will help accelerate growth in same-restaurant sales, digital, and new restaurant development. He highlighted the exceptional leadership qualities of both Pringle and Wunsch, emphasizing their roles in driving outsized performance and growth.

Abigail Pringle, who has been leading global development and international business at Wendy's for the past five years, expressed confidence in the potential for sales, profit, and restaurant growth in the U.S. market. E.J. Wunsch sees a significant opportunity for Wendy's on the international stage and is eager to support the company's operations in driving outsized growth and expanding its global footprint.

This strategic appointment reflects Wendy's commitment to driving growth and performance in its U.S. and international business segments, with a focus on sales, profit, and restaurant expansion. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $17.9. For more information, read the company's full 8-K submission here.

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