06:53 AM EST, 12/12/2024 (MT Newswires) -- A&W Food Services of Canada ( AWFDF ) , with shares near a 52-week low as of last close, overnight Wednesday said Patti Parente was planning to step down from her role as Vice President, Development of the company on March 28, 2025.

Parente who has worked with A&W for 25 years, will stay in her role as the company implements succession plans.

AW rose $0.40 or 1.1% to $37.29 yesterday, from near a 52 week low of $36.50.