Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
The Wendy's Company announced on Monday, Feb. 26, that it has appointed a new chief information officer. The home of Baconator selected Matt Spessard as the successor of Kevin Vasconi in the CIO role.
The fast-food chain said Spessard, its former global chief technology officer, will now report directly to the company's CEO. According to Nation's Restaurant News, the newly-appointed information chief will also be serving as part of Wendy's senior leadership team.
New Responsibilities for the New Role
Before his appointment, Spessard has served as Wendy's senior vice president and global CTO since August 2022. On the other hand, Vasconi is leaving his CIO role after four years.
As Vasconi's successor, Spessard will have new tasks on hand. He will assume responsibility for all of the brand's technology efforts worldwide. These responsibilities will include data management and analytics, restaurant technology, data management and analytics, information security, enterprise technology, and software architecture.
Spessard's Background
Matt Spessard joined the company in May 2020, and his first job was as vice president for restaurant technology. His role was expanded in September of the same year, and he became VP for digital and restaurant technology.
Before joining The Wendy's Company, he spent six years with Inspire Brands, which owns Arby's, Baskin-Robbins, Mister Donuts, Buffalo Wild Wings, Dunkin' Donuts, Sonic Drive-In, and Jimmy John's. He held various leadership roles for the company's Sonic Drive-In chain, such as VP and head of technology.
"Driving the growth of the digital business and harnessing technology in restaurants to improve the customer and crew experience are important pieces of our plan to accelerate sales and profitable growth across the global System," Kirk Tanner, The Wendy's Company president and chief executive officer, said in a press release. "Matt's extensive experience in overseeing global technology initiatives at Wendy's positions him as the ideal leader to build growth on our already successful foundation."
Photo by: Wendy's Press Release
