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$WEN's current CFO Todd Penegor will succeed CEO Brolick and will transition his CFO duties to Gunther Plosch during May. Penegor will retain his position as $WEN's President. Brolick is expected to continue to serve on company's BoD after his retirement to ensure continuity of leadership and strategic focus for the company.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.