NEW YORK As expected, activist investor Nelson Peltz has resigned as chairman of Arby's parent Triarc Cos. and surrendered his chief executive's title to Roland Smith, chief executive of the holding company's lone remaining business, Arby's Restaurant Group Inc. Simultaneously, longtime Peltz lieutenant Peter May stepped down as president and chief operating officer of Triarc. Both resignations are in accordance with contracts signed in April 2007 and filed with the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com