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8-K - FORM 8-K - Wendy's Co | form8-k_012810wag.htm |
Wendy’s/Arby’s
Group Announces Leadership Change at Arby’s
Roland
Smith Will Lead Arby’s Brand as Interim President
ATLANTA,
January 28, 2010 – Wendy’s/Arby’s Group, Inc. (NYSE: WEN), the third largest
quick-service restaurant company in the United States, announced that Tom
Garrett, President and Chief Executive Officer of Arby’s Restaurant Group, Inc.
(“Arby’s”), is leaving the Company.
Roland
Smith, 55, President and CEO of Wendy’s/Arby’s Group, will assume the interim
role as President of Arby’s, effective immediately, and lead the turnaround of
the Arby’s® brand. A search is currently under way for a permanent
president of Arby’s.
Smith
stated, "Tom made enormous contributions to the Arby’s brand over the past 29
years. He is a man of honor and integrity, who has worked
relentlessly to build the brand. We are beginning discussions with Tom about
becoming an Arby’s franchisee and hope that he continues to be involved with the
brand.”
Garrett,
48, was appointed President and CEO of Arby’s in September 2008, following the
formation of Wendy’s/Arby’s Group. Previously, Garrett was President
and Chief Operating Officer of Arby’s and held many leadership and operations
positions with the Arby’s brand.
About Wendy's/Arby's Group,
Inc.
Wendy’s/Arby’s
Group, Inc is the third largest quick-service restaurant company in the U.S. and
includes Wendy’s International, Inc., the franchisor of the
Wendy’s® restaurant system, and Arby’s Restaurant Group, Inc., the
franchisor of the Arby’s restaurant system. The combined restaurant
systems include more than 10,000 restaurants in the U.S. and 23 countries and
territories worldwide. To learn more about Wendy’s/Arby’s Group, please visit
the Company's web site at www.wendysarbys.com.
Investor
Contacts:
John
Barker at 678-514-6900 or john.barker@wendysarbys.com
Kay
Sharpton at 678-514-5292 or kay.sharpton@wendysarbys.com
Media
Contacts:
Bob Bertini at 678-514-6902 or
bob.bertini@wendysarbys.com