The company continues to deliver quality earnings growth above our stated goals,

The economic and competitive conditions we faced in Argentina were just too difficult to overcome, despite the efforts of our management team and a dedicated crew at the stores, ... We adjusted our pricing strategy and increased customer service programs. However, it is clear there are not sufficient prospects for operational or financial improvement on the horizon.

Although Dave was widely popular, he was never very comfortable as a celebrity. He kept reminding us he was simply a hamburger cook.

Dave was our patriarch, a great, big lovable man,

All of our company employees and franchisees are focused on improving Wendy's performance, and I will be taking an active day-to-day role in managing the business, ... We will reinvigorate sales growth with a fanatical approach to execution in the areas of restaurant operations, marketing and R&D.

Baja Fresh is an excellent addition to our company and a great fit for our long-term growth strategy,

We welcome these new directors to our board and look forward to working with them to enhance long-term shareholder value.

We thank Tom for his dedicated service to Wendy's and wish him all the best in the future,

While we believe there is significant growth remaining in the Wendy's business, our initiatives are focused on improving returns and cash flow,

This tragic event has deeply saddened members of the Wendy's family nationwide, ... We are doing everything we can to help the victims' families and our employees cope with this horrible tragedy.