More Wendy's DD

Hey yall, I posted DD on WSB that I suggest you check out. I would do a follow up post there but trying to get a Wendy's post through is like applying for graduate school. [https://www.reddit.com/r/wallstreetbets/comments/1uhruvn/wendys\_a\_deep\_value\_turnaround/](https://www.reddit.com/r/wallstreetbets/comments/1uhruvn/wendys_a_deep_value_turnaround/) In that post I talked about how the new CEO/CFO, Bob Wright and Steve Cirulis are an amazing combo, but I wanted to add some context to the former CEO/CFO combo. It will show just how mismanaged Wendy's has been for the past 2+ years. **Here are the resumes of the former CEO and CFO:** * Kirk Tanner, Former CEO * 0 YoE in Restaurants * 32 YoE at Pepsi * Ken Cook, Former CFO * 0 YoE in Restaurants * 20 YoE at UPS **Now, here are the resumes of the new CEO and CFO:** * Bob Wright, CEO * 30+ YoE in Fast Food * 14 YoE at WENDY'S, including 5.5 years as COO * 5 YoE at Potbelly's where he executed a successful turnaround and delivered a 10 bagger for shareholders in 5 years * Steve Cirulis, CFO * 12+ YoE in Fast Food * 5 YoE at McDonald's as Global VP of Corporate Strategy * 1.5 YoE at Panera as Senior VP of Strategy (Back in 2018 when Panera was still good) * 5 YoE at Potbelly's where he executed a successful turnaround and delivered a 10 bagger for shareholders in 5 years They literally had two guys who've never worked in a restaurant and didn't know each other running Wendy's. Now they have two guys who have worked side by side for 5+ years on a successful fast food turnaround, one of which has 14 years of experience at Wendy's in its prime including running the entire operations side of the business for over 5 years. Bob and Steve literally just did this at Potbelly's, and now they're even better set up to do it at Wendy's. It's fucking nuts how beautiful of a setup this is.