Burger King's Whopper-Size Woes
With the abrupt departure of its latest CEO, optimistic talk of a quick turnaround is fading fast
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By Brian Grow
Burger King seems to be gagging on sales and management turmoil. On July 2, the Miami-based fast-food chain announced that CEO Bradley Blum had abruptly resigned after just 18 months on the job -- making him the ninth Burger King chief in the last 15 years to say sayonara. Now, analysts are speculating that Wendy's (WEN ) is poised to overtake Burger King in the burger business, underscoring the depth of the company's Whopper-size problems -- and how hard a job its new owners face in fixing them.