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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 also opened Taco Bell and Pizza Hut restaurants in newer Target stores. Yum! Brands opened its 40,000th store in Calangute, Goa, India in October 2013. [33] In 2013, its KFC subsidiary opened a fast casual version, KFC eleven, test location in Louisville on Bardstown Road. The sole KFC Eleven was closed in April 2015. [34]
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.
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.
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 ...
*Stock Advisor returns as of November 4, 2024. As a reminder, several of Yum! Brands business units report on a period calendar basis, including all U.S. and Canada brands, KFC U.K. and KFC Australia.
[5] [3] Cornell has been on the board of directors of Yum! Brands since September 2015. [6] He is the chairman of the Retail Industry Leaders Association, and a board member since 2015. [7] [8] In August 2014, Cornell replaced Gregg Steinhafel as the chairman and CEO of Target. [4] During his tenure, Cornell shut down the loss-incurring Target ...
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 ...