Trian Steps Back as Bob Wright Takes Over Wendy’s Turnaround
Trian paused its involvement in Wendy’s turnaround, leaving CEO Bob Wright in May 2026 to steer the franchise chain. He took over amid weaker performance, with US same-restaurant sales down 7% and traffic off 12.5% in Q2, plus 289 closures in six months. Wright set priorities on food quality and value, branding, operations, digital frequency, and investing in restaurants.