Exhibit 24
                                POWER OF ATTORNEY

     Know all by these  presents,  that the undersigned  hereby  constitutes and
appoints  each of Brian L.  Schorr  and Stuart I.  Rosen,  signing  singly,  the
undersigned's true and lawful attorney-in-fact to:

     (1)  complete  and  execute  for and on behalf of the  undersigned,  in the
          undersigned's  capacity  as (i) an officer,  (ii) a  director,  and/or
          (iii) a 10%  shareholder of Triarc  Companies,  Inc. (the  "Company"),
          Forms 3, 4, and 5 in accordance  with Section 16(a) of the  Securities
          Exchange Act of 1934 and the rules thereunder; and

     (2)  do and perform  any and all acts for and on behalf of the  undersigned
          which may be  necessary  or desirable to complete and execute any such
          Form 3, 4 or 5,  complete  and execute  any  amendment  or  amendments
          thereto,  and timely file such form with the United States  Securities
          and Exchange Commission and any stock exchange or similar authority.

     The undersigned hereby grants to each such  attorney-in-fact full power and
authority  to do and perform any and every act and thing  whatsoever  requisite,
necessary,  or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally  present,  with full power of substitution or revocation,
hereby  ratifying  and  confirming  all  that  such  attorney-in-fact,  or  such
attorney-in-fact's  substitute or substitutes,  shall lawfully do or cause to be
done by virtue of this  power of  attorney  and the  rights  and  powers  herein
granted. The undersigned acknowledges that the foregoing  attorneys-in-fact,  in
serving in such  capacity at the request of the  undersigned,  are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the  Securities  Exchange  Act of 1934  ("Section  16").  The
undersigned  hereby agrees on behalf of the  undersigned  and the  undersigned's
heirs,  executors,  legal  representatives and assigns to indemnify,  defend and
hold each of the foregoing  attorneys-in-fact  harmless from and against any and
all  claims  that may  arise  against  such  attorney-in-fact  by  reason of any
violation by the undersigned of the undersigned's responsibilities under Section
16 or any other  claim  relating  to any action  taken by such  attorney-in-fact
pursuant to this Power of Attorney.

     This Power of  Attorney  shall  remain in full  force and effect  until the
undersigned is no longer  required to file Forms 3, 4, and 5 with respect to the
undersigned's  holdings of and transactions in securities issued by the Company,
unless earlier revoked by the  undersigned in a signed writing  delivered to the
foregoing attorneys-in-fact.

     IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 25th day of May, 2006.

                                                    /s/Roland Smith
                                                    ----------------------
                                                    Name: Roland Smith