Posted 29 June, 2023
YUM BRANDS INC appointed new CEO
CEO Change detected for ticker NYSE:YUM in a 8-K filed on 29 June, 2023.
On June 27, 2023, Mr. Mark King, Chief Executive Officer of the Taco Bell Division ("Taco Bell") of Yum! Brands, Inc. (the "Company"), informed the Company that he plans to retire as Chief Executive Officer of Taco Bell on December 31, 2023.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of YUM BRANDS INC
Leisure/Arts/Hospitality • Restaurants
Yum! Brands, Inc. is a service restaurant company, which engages in the development, operation, franchise, and licenses of a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, Taco Bell Division, and Habit Burger Grill Division. The company was founded in 1997 and is headquartered in Louisville, KY.Market Cap
$39.0B
View Company Details
$39.0B
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 27, 2023, Mr. Mark King, Chief Executive Officer of the Taco Bell Division ("Taco Bell") of Yum! Brands, Inc. (the "Company"), informed the Company that he plans to retire as Chief Executive Officer of Taco Bell on December 31, 2023. Sean Tresvant, currently the Taco Bell Global Chief Brand and Strategy Officer, will become Chief Executive Officer of Taco Bell on January 1, 2024.
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