It's unlikely, though, that Yum would be willing to let him go without a fight, so with that scenario murky at best, we asked industry executives for their picks:
Interim CEO Kerrii Anderson could ultimately win the permanent job if she can quickly cut costs to satisfy Wendy's influential board members.
Bets are also on those with multiple careers in package goods. "Dave Burwick would be perfect," said one industry executive of the president of Pepsi-QTG Canada.
Paul Clayton, the former Burger King executive now president of Jamba Juice.
Brad Blum, former Burger King executive and now a consultant to Ruby Tuesday.
Jon Luther, perhaps one of the most under-the-radar candidates, has been bolstering the Dunkin' Donuts brand for its recent buyout and eventual flip to the public market.