In addition, Wendy’s is conducting a search for a new CFO.

Brolick has served in his role since September 2011, and previously spent 1988 to 2000 with the company in various leadership roles.

Penegor joined Wendy’s in June 2013 and has served as executive vice president and has served in his current role since December 2014. His background includes working with Ford Motor Company and Kellogg.