NEW YORK Nelson Peltz plans to step down as chief executive of Arby's parent Triarc Cos. Inc. - with an exit payment of $50 million - as the company prepares to sell its lone remaining non-restaurant business later this year. But Triarc noted that Peltz and longtime lieutenants Peter May and Edward Garden would continue to be involved in Triarc's operations through their Trian Fund Management LLP, the investment concern through which the trio has invested in Wendy's International Inc. and ...
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?