Wendy's Brings Back Company Alum to Oversee Turnaround -- Market Talk

Dow Jones05-20 21:37

0937 ET - Wendy's is bringing back a company alum to oversee its turnaround plan as it appoints Robert Wright, a former Wendy's chief operating officer, as its new CEO, effective Thursday. Wright, who is also joining the board, comes back to the restaurant chain from Potbelly, where he oversaw a roughly $566 million sale of the sandwich chain to convenience-store operator RaceTrac last year. "I am focused on elevating the customer experience, advancing operational excellence, and strengthening the franchisee financial model to deliver sustainable, profitable growth," Wright says. "I believe the best days for Wendy's are ahead."(elias.schisgall@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 09:37 ET (13:37 GMT)

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