The Wendy's Company announced that on January 9, 2023, Leigh A. Burnside, the company's Senior Vice President, Chief Accounting Officer and Chief Financial Officer U.S., provided notice to the Company of her intention to resign from the Company to become the chief financial officer at another restaurant company. In connection with the this, Suzanne M. Thuerk, currently Vice President – Accounting, has been appointed as the Company's Chief Accounting Officer effective January 20, 2023. Ms. Burnside will remain with the Company through this date to support the transition to Ms. Thuerk.

Ms. Thuerk has served in her current position as Vice President – Accounting since June 2022. In this position, she leads the Company's operational, technical and financial reporting accounting functions. Ms. Thuerk has been with the Company since March 2014 and previously held roles of increasing responsibility across the Corporate Accounting, Financial Reporting and Corporate Planning and Analysis functions.

She previously served as Senior Director – Corporate Accounting and Financial Reporting until she was appointed to her current position. Prior to joining the Company, Ms. Thuerk held various positions in financial planning and analysis, accounting, and internal audit roles at Bath & Body Works Inc. and L Brands Inc. and previously worked in public accounting with PricewaterhouseCoopers LLP. She is a certified public accountant and is 41 years of age.

In addition, on January 12, 2023, in connection with a redesign of the organizational structure of the Company to better support execution of the Company's long-term growth strategy, the Company determined that the role of President, U.S. and Chief Commercial Officer was being eliminated and, as a result, Kurt A. Kane will depart the organization.