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International Business Times UK
International Business Times UK
Vinay Patel

Retired CEO That Led Wendy's To #2 Spot In US Fastfood Industry Returns To Take Lead Of Papa John's Pizza

Wendy's turnaround expert Todd Penegor exits retirement to tackle Papa John's challenges. (Credit: Twitter / Restaurant Business @RB_magazine)

Todd Penegor, the former Wendy's CEO credited with leading the company to significant success, has emerged from retirement to assume the CEO position of another famous brand.

According to the 2024 Franchise 500 Ranking, Penegor propelled Wendy's from a mid-tier player to the #2 fast-food restaurant and a top-20 franchise. After stepping down earlier this year, Penegor's retirement proved short-lived.

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