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Trian Steps Back as Bob Wright Takes Over Wendy’s Turnaround

Wendy’s logoWendy’s
Sig2.70Sen-2.60Env0.00Soc0.00Gov+0.40

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.

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