
Organization
Wendy's scored High Risk because it has adopted governance and philanthropic practices that emphasize identity-based criteria over merit, along with advocacy and funding activities seen as politically one-sided. These combined factors across cancellations, discriminatory philanthropy, employment protection, and corporate weaponization measures suggest the company prioritizes activism over neutral, shareholder-focused business practices.
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Wendy's is an American international fast food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. Its headquarters moved to Dublin, Ohio, on January 29, 2006. As of December 31, 2018, Wendy's was the world's third-largest hamburger fast-food chain with 6,711 locations, following Burger King and McDonald's. On April 24, 2008, the company announced a merger with Triarc Companies Inc., a publicly traded company and the parent company of Arby's. The merger was completed on September 29, 2008. Wendy's headquarters remained in Dublin. Following the merger, Triarc became known as Wendy's/Arby's Group, and later as the Wendy's Company following the sale of Arby's to Roark Capital Group.
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