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Wendy’s CEO Brolick to Resign, Succeeded by CFO

Wendy's new CEO Todd Penegor. Photo:Wendy's webpage

DUBLIN—This morning Wendy's Company (NASDAQ:WEN) announced that its 67-year old chief executive officer and president Emil Brolick will officially retire in May 2016, a few months shy of his fifth-year anniversary as CEO.

Why Taco Bell’s Ronald McDonald Ads Are Off

Photo from Taco Bell commercial

A professor of marketing at the University of Southern California asks – Has Taco Bell lost its mind when it comes to its Ronald McDonald commercials? (See commercial below.)

Franchisees Eye Food Trucks

Restaurant chains are rolling out more food trucks, and many franchisees like what they see.

Jack in the Box Gets $100M in 3rd Party Financing Facility for Franchisees

In its 2011 Quarter 1 earnings call today, Jack in the Box (NASDAQ: JACK) announced an agreement with a third party financing source, to provide up to $100 million in franchisee financing.

Jack in the Box Closes 40 Company Units

Jack in the Box noted this morning that they are closing 40 company units in the Southeast and in Texas.

EEOC Lawsuit Stops Jack Sale

Four Jack in the Box restaurants owned by troubled franchisee Abe Alizedeh will likely close around April 15 because of its past problems with sexual harassment.