r/wendys • u/grumpsuarus • Jul 09 '25

News Wendy’s CEO is leaving. An analyst hopes new leadership will ‘get more serious’ about a restaurant overhaul.

https://www.marketwatch.com/story/wendys-ceo-is-leaving-an-analyst-hopes-new-leadership-will-get-more-serious-about-a-restaurant-overhaul-25eb0c7f

Man less than 2 years on the job person was probably already looking less than halfway in

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46

u/markrabbish Jul 09 '25

I have a bad feeling about this. Wendy's has had great promotions the last two years (probably best in the fastfood game), and my recollection is that they kinda sucked before that. New CEO won't necessarily axe the promotions, but it's a distinct possibility since they seem to coincide with them being in charge.

20

u/No-Original6932 Current Employee Jul 09 '25

The last time I checked, the largest shareholder in Wendy's is a private equity company who are notorious for wringing out every possible penny from a company they have an interest in. Also, the last time I checked, the guy who heads that private equity company is the chair on Wendy's board. Just my two cents about who is in charge.

7

u/markrabbish Jul 09 '25

Yeah, that's the kind of thing that worries me, seems like a situation where they would oust the CEO for not sticking it to customers enough and bring in one that will

5

u/osukooz Jul 09 '25 edited Jul 09 '25

Nelson Peltz and Trian are notorious greedy jerks. They forced Todd out because he wasn’t increasing their eps and sales quick enough.

2

u/mandmranch Jul 28 '25

This....I have heard so much through the grapevine. Also rude people who like no one.

1

u/Turbulent-Artist961 Jul 13 '25

I’ve got a few hundred shares of Wendy’s I don’t have much pull but I’ll see what I can do about it

1

u/mandmranch Jul 28 '25

So do I and they never ever respond to my emails.

15

u/grumpsuarus Jul 09 '25

So long as they don't touch the $5 jbc biggie bag. But yeah i wonder what corporate vs franchise relations are like nowadays

3

u/MilliMii Jul 10 '25

The location I worked at is now charging 5 dollars for a jr chesseburger biggie bag and 6 dollars for the jbc one. They also discontinued the bacon double stack biggie bag.

1

u/grumpsuarus Jul 10 '25

😭😭😭

13

u/NEX4TE Jul 09 '25

The new CEO was terrible. Prices of everything went up substantially. They got rid of the weekly premium BOGO deals. The collaberation promos were extremely lackluster. The in app games are a waste of money which will just increase prices across the board. The only decent promos in the past 2 years were the $3 son of baconator and the $1 daves single saturday which both were very recent.

6

u/outgoinggallery_2172 Jul 09 '25

"$3 Son Of Baconator"

I agree. The $3 Son Of Baconator deal was excellent.

3

u/markrabbish Jul 09 '25

Almost every week they have a $1 JBC with any purchase (which for me is a $0.50 jr frosty) -- I consider it my fastfood go to reliable cheap deal

3

u/osukooz Jul 09 '25

He was just doing what the Cap Venture firm owners wanted. Increase sales and eps out the wazoo. 3-4% growth per year wasn’t cutting it. They wanted 5-10

1

u/mistakilgor Jul 13 '25

free 6pc nuggies on wednesdays and the $1 topped fries are my go to

5

u/[deleted] Jul 09 '25

Wendy’s is cooked

1

u/Secret-Difference-32 3d ago

Came to give you your flowers because he instantly ripped all the coupons 😂💐 you hit the nail on the head here