
Wendy's has named Steve Cirulis as its new Chief Financial Officer and Chief Strategy Officer, effective June 23, 2026, succeeding Ken Cook who will stay on as an advisor until July. Cirulis brings nearly 30 years of experience from major brands like Potbelly, Panera Bread, and McDonald's, and previously worked with Wendy's CEO Bob Wright on a successful turnaround at Potbelly. His appointment is expected to drive financial discipline, growth, and franchisee profitability as Wendy's continues its brand turnaround. The company expressed gratitude to Ken Cook for his leadership during a critical period and looks forward to Cirulis' impact on future growth and shareholder value.