– USA, OH – The Wendy’s Company (Nasdaq: WEN) today announced the election of Wendy Arlin to its Board as an Independent Director, effective immediately, increasing the size of the Board to 13 members.
Concurrently, the company also announced that Joe Levato will retire from the Board at the 2024 AGM.
About Wendy C. Arlin
Wendy Arlin brings more than three decades of experience in corporate finance, financial reporting, oversight, and accounting, with deep expertise in the consumer industry. From August 2021 through July 2023, Ms. Arlin served as EVP and CFO of Bath & Body Works, Inc., a home fragrance, body care soaps, and sanitizer products retailer. Before her role as CFO of BBWI and before the spin-off of BBWI, Ms. Arlin served as SVP of Finance and Corporate Controller of L Brands, Inc., where she led the corporate finance, financial reporting, accounting, and financial shared services functions from 2005 to 2021. Ms. Arlin is a certified public accountant, and before joining L Brands, she spent 12 years at KPMG LLP in the audit practice and ultimately held the position of partner in charge of the central Ohio consumer and industrial/information, communications, and entertainment business practices. Ms. Arlin also serves as a director of WK Kellogg Co. where she is Chair of the Audit Committee.
Wendy Arlin said, “I’m thrilled to join the Wendy’s Board at such an exciting time. The brand is positioned to unlock accelerated global growth, and I look forward to working alongside the Board and management team to drive progress across the Company’s strategic growth pillars.”
About Wendy’s
Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is our Recipe,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never-frozen beef*, freshly prepared salads, and other signature items like chili, baked potatoes, and the Frosty dessert. The Wendy’s Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption and its signature Wendy’s Wonderful Kids program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy’s and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.
SOURCE: https://www.wendys.com/
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