Wendy's names Gunther Plosch to serve as CFO
Staff writer ▼ | April 21, 2016
Dublin, Oh., USA - April 21, 2016, Dublin, Oh., USA - The Wendy's Company announced that Gunther Plosch will join the company on May 2, 2016 and will serve as chief financial officer following a transition period during the month of May.Article continues below
Mr. Plosch joins Wendy's from the Kellogg Company, where he has spent the last 16 years in Finance roles of increasing responsibility, including his most recent assignment as Vice President of Global Business Services and, previously, Vice President and Chief Financial Officer for the Kellogg North America business.
Mr. Plosch began his career with The Procter & Gamble Company in Austria, where he spent nine years in various divisions, ultimately serving as Associate Director of Finance for the Central and European division.
He joined Kellogg in 2000 as the Finance Director in the United Kingdom division, and was subsequently promoted to the U.S. business in 2005, where he led finance teams in Corporate Planning and Morning Foods.
In 2010 he became Chief Financial Officer of Kellogg North America and in 2014 was elevated to Vice President of Global Business Services.
Mr. Plosch graduated with a Marketing and Finance degree from Johannes Kepler University. He also completed service in the Austrian military.
Mr. Plosch's appointment continues the Company's previously announced succession plan for Chief Executive Officer Emil Brolick, who intends to retire from the Company at the time of the Company's Annual Meeting of Stockholders on May 26, 2016.
Mr. Brolick is expected to be succeeded as Chief Executive Officer by current President and Chief Financial Officer Todd Penegor. Mr. Brolick is expected to continue to serve on the Company's Board of Directors following his retirement to ensure continuity of leadership and strategic focus for the Company. ■ LATEST 5 MOVES FROM Ohio
Governor Tim Walz today announced a new grant to support new farmers in Minnesota.
Latest Nestlé Waters to pay €2 million fine to resolve French mineral water case
Container market braces for ILA strike on U.S. East Coast
Sumitomo completes Greenlink interconnector between Ireland and Wales
Siemens to build first U.S. high-speed rail manufacturing facility in New York, creating 300 jobs
U.S.: Flooding threat and extreme heat
European aviation regulator orders Airbus A350-1000 inspections after Cathay Pacific incident
U.S.: Heat, humidity, severe storms
Bulgaria: EPPO seizes assets in investigation into €2.6 million fraud involving water supply
Heat wave continues over southern Plains in U.S.
UK secures $10.5B Amazon investment
Slovak FM: Russian oil supply to Slovakia secured
U.S. oil rigs number fell by 1
Massachusetts and Rhode Island announce largest offshore wind selection in New England history
Jordan, UAE sign $2.3bln railway deal
Trending Now
Netherlands expands export control measure for advanced semiconductor manufacturing equipment
Minnesota Governor announces new funding to expand biofuel availability
Texas to invest record $148 billion in transportation infrastructure
Minister Boissonnault reducing number of temporary foreign workers in Canada
Canada imposes 100 percent tariffs on Chinese EVs
Today We Recommend Highlights
Lidl lays cornerstone for logistics base in Hungary, will create 400+ jobs
Epiphone inspired by Gibson Custom Collection Jimi Hendrix “Love Drops” Flying V available worldwide
Huawei and partners successfully test new wild fire detection solution in Greece
Siemens Mobility to overhaul Europe’s largest light rail system in €180 million digital upgrade
Polish traveltech giant eSky Group acquires Thomas Cook
MainStreaming appoints Ian Franklyn as CRO
APO Group appoints Bas Wijne as CEO
Rikard Lundqvist new CEO of Optronic
Gabriel Millan joins Mars as CFO for petcare business
Applied Materials appoints Florent Ducrot as head of European operations
Kuwait reports $5.2 bln budget deficit in FY 2023-24
Eurozone reports modest Q1 GDP growth, stable annual inflation
Italy sees faster economic growth in Q1
Slovenia's economy expected to grow 0.9 pct in Q1
Italy faces deficit infringement procedure
Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Nebraska takes action to address lab-grown meat sales
Russia secures right to export fish to Mexico
Hong Kong suspends import of poultry meat and products from areas in U.S., France and Poland
Panama opens market to Brazilian pork
New Zealand temporarily suspends all Australian imported tomatoes
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
Generating 'buzz' about new products can influence their success
Hiring 'problem directors' can knock up to 64% off firm's value
SEC charges John Deere with FCPA violations for subsidiary’s role in Thai bribery scheme
AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood
Italy issues $6.4 million fine over Chinese cars badged as Italian
EU Commission fines Mondelēz €337.5 million for cross-border trade restrictions
HSBC pays penalties for alleged breaches of Consumer Data Right rules
Magazine
Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
First mpox vaccines arrive in Africa
WHO declares mpox public health emergency, Sweden and Pakistan confirm first case outside Africa
Kenya confirms its first mpox case as virus spreads in Africa
Brazil reports world's first deaths from Oropouche fever
New Alzheimer's treatment approved by FDA
India to build first phase of its own space station by 2028
Roscosmos chief approves schedule of creating Russian orbital station through 2033
Potentially habitable 'exo-Venus' with Earth-like temperature discovered
Rare species of wild bees discovered in Berlin
SLAC completes construction of largest digital camera ever built for astronomy