Wendy's (WEN - Get Report) has been firing on all cylinders under CEO Todd Penegor.

Since taking the helm as CEO of Wendy's in May 2016, Penegor has led an aggressive push to remodel restaurants and enhance the burger and frosty chain's food quality. More recently, Wendy's has made a foray into mobile ordering as it gets ready to do battle with McDonald's (MCD - Get Report) to get people fast-food on the go.

TheStreet talked with Penegor about the future of Wendy's, and how changes in food consumption may alter its business over time. 

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