Reported about 5 hours ago
Wendy's CEO Kirk Tanner is set to leave the fast-food chain after just over a year to take on the CEO position at Hershey starting August 18. This transition occurs as Wendy's faces challenges with declining sales, with the company's stock down nearly 31% this year. Tanner's appointment at Hershey comes as the chocolate maker prepares for changes following the retirement of longtime CEO Michele Buck. Wendy's has appointed CFO Ken Cook as interim CEO while searching for a permanent replacement.
Source: YAHOO