Wendy's

Leadership

Wendy's names Pete Suerken president of its U.S. market

Abigail Pringle, a 23-year veteran of the fast-food chain, will leave the company “to pursue other opportunities.” The change comes shortly after the unexpected departure of CEO Kirk Tanner.

Financing

Wendy's faces more upheaval that it doesn't deserve

The Bottom Line: The fast-food chain early last year decided to replace a successful CEO with a restaurant industry outsider. That outsider has now left, leaving the company with more uncertainty.

Tanner is leaving to take a job with The Hershey Company just 18 months after joining the fast-food chain. Wendy’s named Ken Cook interim CEO.

Burger King and Wendy’s have unveiled summertime promotions designed to boost lagging early-year sales, while McDonald’s is opening later. The companies are using loyalty programs, limited-time offers and more marketing to win back price-conscious consumers.

The Bottom Line: Wendy’s is implementing a system collecting profitability data from its operators. It remains surprising that more restaurant franchises don’t do this.

The fast-food burger chain enjoyed sales growth thanks to its Thin Mint Frosty in February. But consumer confidence ultimately hurt traffic in March. The company has plans to change that.

The fast-food chain, which is setting aggressive unit-growth standards, plans to double its pace of new company restaurants.

The fast-food chain said it plans to invest in key markets around the globe to speed development over the next three years.

The fast-food chain, which has voice-activated drive-thru ordering in more than 100 restaurants, plans to expand it to 500 by the end of this year. Here’s what the company thinks about it.

The burger chain was thriving early last quarter, thanks to a Spongebob Squarepants promotion. But same-store sales have declined so far this year amid “industry headwinds.”

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