Wendy’s CEO Resignation and Interim Leadership Change

An update from Wendy’s ( (WEN) ) is now available.

On July 1, 2025, Kirk Tanner announced his resignation as President and CEO of Wendy’s to join The Hershey Company, effective July 18, 2025. Ken Cook, the current CFO, will serve as Interim CEO while continuing his CFO role. The Board has initiated a search for a permanent CEO. Additionally, Bradley G. Peltz was elected to the Board, replacing Matthew H. Peltz, who resigned to focus on other commitments. These leadership changes are part of Wendy’s strategic plan to continue its growth and enhance its market position.

The most recent analyst rating on (WEN) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Wendy’s stock, see the WEN Stock Forecast page.

Spark’s Take on WEN Stock

According to Spark, TipRanks’ AI Analyst, WEN is a Neutral.

Wendy’s overall stock score is driven by stable financial performance and a fair valuation, but is tempered by technical analysis indicating potential bearish momentum and a cautious earnings outlook. The company’s high leverage and challenges in the U.S. market are significant risks, while international growth and strategic initiatives provide some optimism.

To see Spark’s full report on WEN stock, click here.

More about Wendy’s

The Wendy’s Company operates in the quick service restaurant industry, offering a menu that includes made-to-order square hamburgers, spicy chicken sandwiches, nuggets, and desserts like the Frosty. Founded in 1969, Wendy’s is committed to delivering fresh, famous food and has a global presence with over 7,000 restaurants worldwide.

Average Trading Volume: 5,832,531

Technical Sentiment Signal: Sell

Current Market Cap: $2.17B

See more data about WEN stock on TipRanks’ Stock Analysis page.