Wendy’s Appoints New President and CEO

HW - Kirk Tanner, Wendy's

Kirk Tanner Succeeds Todd Penegor

Wendy’s has tapped Kirk Tanner as its new president and CEO. Tanner, who has more than three decades of experience in foodservice, snacks and beverages, also has been elected to Wendy’s Board of Directors. He succeeds Todd Penegor, who leaves the company after more than a decade of service.

“I am honored to have the opportunity to lead this iconic brand at such a pivotal time in the industry. I am energized by the future potential and expansion opportunities for the business. I look forward to working with the talented Wendy’s team and franchisees to drive future growth and success,” Tanner said in a statement. 

Prior to joining Wendy’s, he served as CEO of North American beverages at PepsiCo, where he oversaw a $26 billion business unit and drove operational performance and revenue growth. He also served in PepsiCo’s Global Foodservice division, allowing him to expand the company’s presence through strategic partnerships, new product lines and more. 

Kirk Tanner, Wendy’s
Kirk Tanner is the new president and CEO of Wendy’s.

Wendy’s Board Chairman Nelson Peltz released a statement regarding Tanner’s new position. “We are thrilled to welcome an executive of Kirk’s caliber to Wendy’s team. Kirk is a proven operational leader whose customer-centric mindset and broad experience positioning and growing some of the most well-known global brands make him the ideal candidate to lead Wendy’s into its next phase of growth and expansion.” 

Penegor expressed gratitude for his time at Wendy’s and praised Tanner. “I am grateful to the Wendy’s team for their dedication and am immensely proud of all we have achieved together. I’m confident the company is in highly capable hands with Kirk at the helm. My Wendy’s roots run deep, and while the time is right for me to move on as an executive of this great organization, I will forever be a supporter as a loyal customer.”

About Wendy’s

Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy’s is famous for its made-to-order hamburgers with square, never-frozen beef patties as well as its chili, baked potatoes and Frosty desserts. Wendy’s, which now has more than 7,000 restaurants globally, gives back through its support for the Dave Thomas Foundation for Adoption

Previous ArticleNext Article
Haley Cafarella is a passionate journalist and writer for IFPG. In her role as content and marketing specialist, she creates original articles for FranchiseWire and Franchise Consultant Magazine. Her specialties include educational articles about buying a franchise and franchise consulting. She also reports on franchise professionals who were recently promoted or hired through FranchiseWire’s popular HireWire series.

Haley has contributed to a variety of regional publications, including Quo Vadis, New Brunswick Today, and the Trenton Monitor. She holds a bachelor's degree in journalism from Rutgers University.
Send this to a friend