BNET Industries
Last Fiscal Year Sales:$1.2B
- Public
- US
Dow Jones Description
Triarc Companies, Inc. is a holding company and, through its subsidiaries, the franchisor of the Arby's® restaurant system and the owner and operator of over 1,000 Arby's restaurants located in the United States. With approximately 3,700 restaurants primarily in the United States, Arby's is the largest restaurant chain specializing in the roast beef sandwich segment of the quick service restaurant ("QSR") industry in the United States. According to Nation's Restaurant News, Arby's is the 12th largest QSR chain overall.
Executive Vice President
Brian SchorrNumber of Employees 70,000
Contact Information
1155 Perimeter Center West
Suite 1200
Atlanta, Georgia 30338
(678) 514-4100
Peer Companies
NAICS Code Limited-Service Restaurants: 722211
Recent Events
-
Wendy's/Arby's swings to a profit
News & Analysis
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manufacturing and triarc companies inc. - All News and Analysis
Snapple Beverage Group, Inc. Files Registration Statement for an Initial Public Offering
Business Editors NEW YORK--BUSINESS WIRE--June 27, 2000 Triarc Companies, Inc. (NYSE: TRY) announced today that its subsidiary Snapple Beverage Group, Inc., has filed with the Securities and Exchange Commission SEC a registration statement for an initial public offering IPO of its common stock. Snapple Beverage Group will own...
Triarc Announces Proposed Initial Public Offering of Its Beverage Business; Snapple Beverage Group, Inc. to be Led by Mike Weinstein and the Triarc Beverage Group Management Team
Business Editors NEW YORK--BUSINESS WIRE--June 22, 2000 Triarc Companies, Inc. (NYSE: TRY) announced today that its Board of Directors has approved a plan for the Triarc Beverage Group to offer for sale, shares of its common stock, through an initial public offering IPO. The new beverage company, which...
Triarc Holds 1999 Annual Meeting
NEW YORK--BUSINESS WIRE--Sept. 23, 1999-- Triarc Companies, Inc. (NYSE: TRY) announced today that at the Company's annual meeting, stockholders re-elected Triarc's (9) nine directors, approved the Company's 1999 Executive Bonus Plan and ratified the selection of Deloitte & Touche LLP as the Company's independent certified public accountants. Stockholders also...
Triarc Completes Sale of National Propane
NEW YORK--BUSINESS WIRE--July 19, 1999-- Triarc Companies, Inc. (NYSE:TRY) announced today that it has completed the sale of its interest in National Propane Partners, L.P. (NYSE:NPL) to Columbia Propane Corporation, an indirect subsidiary of Columbia Energy Group (NYSE:CG). Through a merger with Columbia Propane, all common units of...
Triarc Announces $30 Million Stock Repurchase Program
NEW YORK--BUSINESS WIRE--April 29, 1999-- Triarc Companies, Inc. (NYSE: TRY) announced today that its management has been authorized, when and if market conditions warrant and to the extent legally permissible, to purchase over the next twelve months, up to $30 million worth of Triarc Class A Common Stock. ...
Triarc Announces $30 Million Stock Repurchase Program
NEW YORK--BUSINESS WIRE--April 29, 1999-- Triarc Companies, Inc. (NYSE: TRY) announced today that its management has been authorized, when and if market conditions warrant and to the extent legally permissible, to purchase over the next twelve months, up to $30 million worth of Triarc Class A Common Stock. ...
Triarc Subsidiary Completes Bond Redemption
NEW YORK--BUSINESS WIRE--March 31, 1999--Triarc Companies, Inc. (NYSE: TRY) announced today that its subsidiary, RC/Arby's Corporation, redeemed its $275 million principal amount 9 3/4% senior secured notes due 2000 on March 30, 1999. The notes were redeemed at a price of 102.786% of the principal amount, plus accrued and unpaid...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian Schorr | Executive Vice President |
| Anne A. Tarbell | Senior Vice President |
| Daniel T. Collins | Senior Vice President & Treasurer |
| Greg Essner | Senior Vice President |
| Stuart I. Rosen | Senior Vice President |
| Alexander L. Lemond | Vice President, Corp Development |
| Chad Fauser | Vice President, Corp Development |
| David I. Mosse | Vice President & Assistant General Counsel |
| Eduardo Santos | Vice President, Corporate Development |
| John R. Bender | Vice President, Corporate Security |
| Robert Crowe | Vice President, Taxes |
| Amy Alarcon | Director, Product Development |
| Curtis S. Gimson | Associate General Counsel |
| Clive Chajet | Director |
| David E. Schwab | Director |
| Gregory H. Sachs | Director |
| Hugh L. Carey | Director |
| Jack G. Wasserman | Director |
| Joseph A. Levato | Director |
| Russell V. Umphenour, JR. | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward P. Garden | Vice Chairman |
| Gerald Tsai Jr. | Board of Directors |
| Peter W. May | Board of Directors |
| Raymond S. Troubh | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Executive Vice President | Current |
| Triarc Companies, Inc. | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Arby's Restaurant Group, Inc. | Senior Vice President, Treasury | Current |
| Triarc Companies, Inc. | Senior Vice President & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Senior Vice President | Current |
| Triarc Companies, Inc. | Treasurer | Current |
| Frontline Capital Group, Inc. | Corporate Controller | Former |
| Triarc Companies, Inc. | Controller | Former |
| Triarc Companies, Inc. | Assistant Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Senior Vice President | Current |
| Triarc Companies, Inc. | Secretary | Current |
| Triarc Companies, Inc. | Associate General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President, Corp Development | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President, Corp Development | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President & Assistant General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President, Corporate Development | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President, Corporate Security | Current |
| Triarc Companies, Inc. | Corporate Director of Security | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice President, Taxes | Current |
| Triarc Companies, Inc. | Director of Taxes Compliance & Audits | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Director, Product Development | Current |
| Arby's Restaurant Group, Inc. | Director, Product Development | Current |
| Triarc Companies, Inc. | Director, Product Development | Former |
| Arby's Canada, Inc. | Director, Product Development | Former |
Curtis S. Gimson became a member of our board of directors in April 2005. Mr. Gimson has been Senior Vice President & General Counsel of Arby's, LLC since 1997. In 1984, he joined Triangle Industries, Inc., a public company controlled by Nelson Peltz and Peter May, in 1984, and has worked in various capacities for companies controlled by Messrs. Peltz and May for the past 20 years, including as Associate General Counsel of Triangle 1984-89, Senior Vice President & General Counsel, Trian Group, L.P., 1989-93, Senior Vice President & Associate General Counsel of Triarc Companies, Inc., 1993-94, Senior Vice President & General Counsel, Royal Crown Cola Co., 1994-97, and Senior Vice President & General Counsel of Arby's since 1997. Mr. Gimson earned his B.A. degree at Princeton University and his J.D. degree at Cornell Law School.
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Associate General Counsel | Current |
| BabyUniverse, Inc. | Director | Current |
| BabyUniverse, Inc. | Member | Former |
| Cornell University Law School | J.D. Degree | Former |
| Princeton University | B.A. Degree | Former |
Mr. Chajet has been a director of the Company since June 1994. He has been Chairman of Chajet Consultancy, L.L.C., a consulting firm specializing in identity and image management, since January 1997. Prior to that time, Mr. Chajet was Chairman of Lippincott & Margulies Inc., also a consulting firm specializing in identity and image management, from 1983 to January 1997.
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Bard College | Chair of the Executive Committee | Current |
| Triarc Companies, Inc. | Director | Current |
| Bard College | Board of Directors | Former |
Mr. Garden has been a director of the Company since December 2004. He served as Vice Chairman from December 2004 through June 2007 and Executive Vice President from August 2003 until December 2004. Additionally, Mr. Garden has been Vice Chairman and a founding partner of Trian Partners since November 2005. Mr. Garden has also been President, Chief Executive Officer and a Director of Trian Acquisition I Corp. since its inception in October 2007. From 1999 to 2003, Mr. Garden was a managing director of Credit Suisse First Boston, where he served as a senior investment banker in the Financial Sponsors Group. From 1994 to 1999, he was a managing director at BT Alex Brown where he was a senior member of the Financial Sponsors Group and, prior to that, co-head of Equity Capital Markets. Mr. Garden has served as a director of Chemtura Corporation since January 2007. Mr. Garden is the son-in- law of Nelson Peltz.
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Vice Chairman | Current |
| Triarc Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Deerfield & Co | Chief Executive Officer | Current |
| Deerfield & Co | Chairman | Current |
| Triarc Companies, Inc. | Director | Current |
| Harris Trust & Savings Bank | Vice President | Former |
| Harris Trust & Savings Bank | Trading Manager | Former |
| Deerfield Triarc Capital Corp. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Harris Beach and Co | Partner | Current |
| Harris Beach and Co | Board of Directors | Current |
| Wendy's/Arby's Group, Inc. | Board of Directors | Current |
| Triarc Companies, Inc. | Director | Current |
| W.R. Grace & Company | Executive Vice President | Former |
| W.R. Grace & Company | Director, Government Relations Division | Former |
| W.R. Grace & Company | Team Member | Former |
Mr. Wasserman is a member of the Board of Directors and Audit Committee of API and its indirect subsidiaries, American Entertainment Properties Corp. and American Casino & Properties Finance Corp, which are indirect subsidiaries of AREP. Mr. Wasserman is also a member of the Board of Directors and Compensation Committee of Cadus. Mr. Carl C. Icahn indirectly controls AREP and is the largest single shareholder of Cadus. We have not conducted any business with Cadus. Mr. Wasserman has informed us that, additionally, he is serving as a member of the audit committee of AREP and reported receiving $116,000 during 2006 in director and committee fees from AREP.
| Organization | Position | Status |
|---|---|---|
| National Energy Group, Inc. | Chairman | Current |
| Wendy's/Arby's Group, Inc. | Board of Directors | Current |
| Icahn Enterprises L.P. | Board of Directors | Current |
| Cadus Corp | Director | Current |
| Triarc Companies, Inc. | Director | Current |
| American Casino & Entertainment Properties, LLC | Director | Former |
Mr. Levato has been a director of the Company since June 1996. Mr. Levato served as Executive Vice President and Chief Financial Officer of the Company and certain of its subsidiaries from April 1993 to August 1996. He was Senior Vice President and Chief Financial Officer of Trian from January 1992 to April 1993. From 1984 to December 1988, he served as Senior Vice President and Chief Financial Officer of Triangle.
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Director | Current |
| Triarc Companies, Inc. | Chief Financial Officer | Former |
| Triarc Companies, Inc. | Executive Vice President | Former |
Mr. May has been a director of the Company since April 1993 and has served as non-executive Vice Chairman since June 2007. He served as the President and Chief Operating Officer of the Company and also as a director or manager and officer of certain of the Company’s subsidiaries from April 1993 through June 2007. Additionally, Mr. May has been President and a founding partner of Trian Partners since November 2005. Mr. May has also been Vice Chairman and a Director of Trian Acquisition I Corp. since its inception in October 2007. From its formation in January 1989 to April 1993, Mr. May was President and Chief Operating Officer of Trian Group. He was President and Chief Operating Officer and a director of Triangle from 1983 until December 1988. Mr. May has also served as a director of Tiffany & Co. since May 2008 and of Deerfield Capital Corp. since December 2007.
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Board of Directors | Current |
| Triarc Companies, Inc. | President & COO | Former |
| Organization | Position | Status |
|---|---|---|
| Portland General Electric Co. | Board of Directors | Current |
| Triarc Companies, Inc. | Board of Directors | Current |
| Diamond Offshore Drilling, Inc. | Director | Current |
| Gentiva Health Services, Inc. | Board of Directors | Current |
| Gen American Investors Company, Inc. | Board of Directors | Current |
| Home Health Care Affiliates, Inc. | Board of Directors | Current |
| Wendy's/Arby's Group, Inc. | Board of Directors | Current |
| Lazard Ltd. | General Partner | Former |
| Portland General Electric Co. | Trustee | Former |
| Lazard Ltd. | Associate | Former |
| The American Stock Exchange LLC | Former | |
| Sun-Times Media Group Inc. | Board of Directors | Former |
| Olsten Corporation | Director | Former |
| Bowdoin College | Former | |
| Yale Law School | Former |
| Organization | Position | Status |
|---|---|---|
| Triarc Companies, Inc. | Director | Current |
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