Wendy’s COO Steve Farrar to retire

The Wendy’s Co. said Friday that chief operating officer Steve Farrar will retire, effective April 20.

The company does not plan to replace him, but John Peters, the company’s senior vice president of North American operations, will assume Farrar’s responsibilities for operations and business activities for company-owned and franchised restaurants in the United States and Canada.

Farrar, 62, rejoined The Wendy’s Co. in 2008. He previously had b

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