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.
                --------------------------------------------------
              (Exact name of registrant as specified in its charter)


   DELAWARE                         1-2207               38-0471180
   -----------------                --------------       --------------
   (State or Other                  (Commission          (I.R.S. Employer
   Jurisdiction of                   File Number)         Identification No.)
   Incorporation)

   280 Park Avenue
   New York, NY                                          10017
   ----------------------------------------------------------------------------
  (Address of principal executive offices)               (Zip Code)

       Registrant's telephone number, including area code: (212) 451-3000

                                       N/A
   ----------------------------------------------------------------------------
          (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
                                            -----------------------------
                                            Stuart I. Rosen
                                            Senior Vice President
                                                and Secretary



 Dated: April 27, 2007