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In 2021, Gibbs's total compensation from Yum! Brands was $27.6 million, representing a CEO-to-median worker pay ratio of 2,108-to-1 for the company. [7] In 2023, Gibbs's total compensation at Yum! Brands was $21.2 million, or 1,205 times the median employee pay at Yum! Brands for that year. [8]
Yum! Brands, Inc. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as Yum!
Novak is the co-founder, retired chairman and CEO of Yum! Brands, Inc. (CEO from 1999 to January 1, 2016). [5] [6] During Novak's tenure at Yum!Brands, the company doubled the number of restaurants to 41,000, market capitalization grew to almost $32 billion from just under $4 billion and it was an industry leader in return on invested capital.
Louisville-based Yum! Brands has named Scott Mezvinsky as its new KFC CEO, effective March 1. Mezvinsky, 49, a 20-year veteran of the company, who currently serves as President of Taco Bell North ...
Yum! Brands (NYSE: YUM) Q3 2024 Earnings Call Nov 05, 2024, 7:45 a.m ... working with the franchisee to either address some challenges in the business or to get it into the hands of another owner ...
It’s how I succeeded as COO, which launched me on to my eventual role as CEO of Yum Brands. It’s how I helped grow Yum’s market cap from $8 billion to $32 billion during my 17-year tenure.
Sam Su is chairman and CEO of Yum!'s Chinese operations and Tony Lowings is the president and CEO of KFC, replacing Roger Eaton who retired in 2018. [14] David Gibbs is president, CFO and COO of Yum! Brands, Inc. [13] On March 7, 2019, KFC announced a new executive position "Chief Communications Officer" and Staci Rawls will fill that position ...
YUM! Brands — the parent company of Taco Bell, KFC, and Pizza Hut — doesn't plan to hike prices "as much" this year as last. With inflation pinching consumers, CEO David Gibbs said price hikes ...