UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 24, 2007
TRIARC COMPANIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-2207 38-0471180
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
280 Park Avenue
New York, NY 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 451-3000
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain
Officers.
(b) On April 24, 2007, Gregory H. Sachs, a director of Triarc Companies,
Inc. (the "Company") and the Chairman and Chief Executive Officer of
Deerfield & Company LLC ("Deerfield"), a subsidiary of the Company,
informed the Company that in light of the previously announced pending
sale of Deerfield, Mr. Sachs had decided not to stand for reelection at
the Company's 2007 Annual Meeting of Stockholders. Mr. Sachs will
continue to serve as a director of the Company until the Annual Meeting.
In order to fill the vacancy created by Mr. Sachs' decision not to stand
for re-election, the Board of Directors has nominated Roland C. Smith,
the Chief Executive Officer of Arby's Restaurant Group, Inc., a
subsidiary of the Company, for election at the Annual Meeting, in
addition to nominating for reelection the Company's other eleven
incumbent directors. A proxy statement for the Annual Meeting is
scheduled to be mailed to stockholders of the Company on April 30, 2007.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf by the undersigned
hereunto duly authorized.
TRIARC COMPANIES, INC.
By: /s/STUART I. ROSEN
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Stuart I. Rosen
Senior Vice President
and Secretary
Dated: April 27, 2007