The CEO of Wendy's donated about $400,000 to President Trump's re-election campaign.
Wendy's faced backlash across Twitter after rumors surfaced that the fast food chain's CEO, Todd Penegor, donated to U.S. President Donald Trump's re-election campaign, prompting the hashtag #WendysIsOverParty to begin trending in early June 2020. This information spread on social media, including from the Twitter account of Ryan Fournier, a founder of Students for Trump: The truth is, the campaign donor was a CEO named James Bodenstedt of Muy! Companies. Bodenstedt's connection to Wendy's is known: His company owns hundreds of Wendy's, Taco Bell, and Pizza Hut franchises across the country. In May, a Business Insider report revealed that Bodenstedt donated hundreds of thousands of dollars to Trump's campaign. According to Federal Election Commission (FEC) filings, since 2018, Bodenstedt has donated around $440,000 to Trump's campaign, including a March 12, 2020, donation of $200,000 to the Trump Victory PAC (political action committee). In May 2020, Bodenstedt also joined a roundtable discussion with Trump and restaurant-industry leaders to talk about the field's recovery from the COVID-19 coronavirus pandemic. In response to the backlash, Wendy's - known for its snarky approach to social media - responded to the backlash with a tweet: While this tweet is accurate, CNN found that Wendy's CEO Todd Penegor donated around $6,000 to the Wendy's PAC. The PAC hasn't donated to any presidential campaigns, but has donated to more Republican than Democrat congressional candidates. After the outrage on social media grew, Wendy's also announced that they will donate $500,000 toward supporting 'social justice, the youth and education in the Black community.' In a series of tweets, they said: We're about putting our money where our mouth is. So here's our money and here's our mouth. We are committed to donating $500k to support social justice, the youth and education in the Black community starting with the Thurgood Marshall College Fund and we'll have receipts. - Wendy's (@Wendys) June 3, 2020 Our employees and customers have spoken loud and clear. We know we have a lot more to do than a donation. We're committed to doing the work and we hear you. - Wendy's (@Wendys) June 3, 2020 In the coming days, we'll be using our Twitter account to amplify Black voices. Because what's the point of this big platform if we don't use it for what matters during times like these? - Wendy's (@Wendys) June 3, 2020 Because Wendy's CEO did not donate to Trump's re-election campaign, and the donation came instead from the CEO of a company that operates Wendy's franchises, we rate this claim as 'False.'
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