Wendy’s picks Steve Cirulis as finance and strategy chief

The Wendy's Company has appointed Steve Cirulis arsenic its caller main fiscal serviceman (CFO) and main strategy serviceman (CSO).

He succeeds Ken Cook, who has overseen the concern relation since 2024. Cook volition enactment connected successful an advisory relation until adjacent period to enactment the transition.

Cirulis volition study to Bob Wright, who was appointed arsenic the company's president and CEO past month.

In his caller role, Cirulis volition beryllium portion of the company's elder enactment team.

Cirulis said: "It is an honour to articulation this iconic marque astatine specified a pivotal clip successful its history.

"I judge determination is simply a tremendous accidental astatine Wendy's to thrust topline growth, franchisee profitability and improved shareholder value, and I americium anxious to get to enactment with our talented employees and franchisees to unlock the imaginable of our full system."

Before his determination to Wendy's, Cirulis held the dual titles of CFO and CSO astatine Potbelly Sandwich Works.

At Potbelly, helium worked alongside Wright, who astatine that clip served arsenic the CEO of the brand.

During their tenure, Potbelly saw its stock terms emergence by "more than 500%", posted double-digit gains successful mean portion volumes, expanded edifice margins and reported stronger returns connected invested capital.

Earlier successful his career, Cirulis held elder concern and strategy posts astatine respective ample edifice and retail operators including Panera Bread, McDonald's and Gap.

His acquisition spans astir 3 decades crossed food, beverage, retail and edifice companies and advisory practices.

Wright said: "Driving coagulated fiscal discipline, topline maturation and enhanced franchisee profitability are indispensable to our aboriginal success.

"I americium assured that Steve volition play a captious relation arsenic we execute the turnaround of Wendy's, driving maturation and generating worth for our franchisees, employees and shareholders.

"With decades of heavy acquisition crossed large-scale retail and edifice brands, Steve brings a wealthiness of expertise crossed a breadth of disciplines that volition payment our strategy from time one."

"Wendy's picks Steve Cirulis arsenic concern and strategy chief" was primitively created and published by Verdict Food Service, a GlobalData owned brand.