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Yum! Brands Completes Separation of Yum China Business

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LOUISVILLE, Ky. — Yum! Brands, Inc. has completed the separation of Yum China Holdings, Inc. (“Yum China”) from Yum! Brands. “We’ve established two powerful, independent...

David Novak of Yum Brands to Retire in May

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LOUISVILLE, Ky. — David Novak, executive chairman of Yum Brands, Inc. announced plans to retire in May following the company’s annual shareholder meeting. “I feel...

Yum Brands CFO Resigns

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LOUISVILLE, Ky. — Patrick Grismer will resign as CFO, Yum Brands, Inc., effective Feb. 19, 2016. “Grismer has added tremendous value as CFO of our...

Brian Cornell Appointed to Yum Brands Board of Directors

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LOUISVILLE, Ky. — Yum Brands, Inc. has appointed Brian Cornell to its Board of Directors, effective immediately. “We are thrilled to welcome Brian to the Yum...

Yum Brands Reports Mixed First Quarter Results

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LOUISVILLE, Ky. — Yum Brands Inc. announced mixed first-quarter results, as overall sales rose at Taco Bell and KFC, but its China market showed...

Taco Bell Announces New Menu Items

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LOUISVILLE, Ky. — Kentucky-based Yum Brands has announced two new menu offerings at its Taco Bell brand: Biscuit Tacos and Fritos Tacos. Taco Bell added...

Greg Creed, Elane B. Stock Appointed to Yum Brands Board

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  LOUISVILLE, Ky. — Yum Brands, Inc. has announced that Greg Creed, who will become CEO of the company on Jan. 1, has been appointed...

David Gibbs Named Pizza Hut CEO

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LOUISVILLE, Ky. — Yum Brands, Inc. — parent company of KFC, Taco Bell and Pizza Hut — announced earlier this week that David Gibbs...

Yum, McDonald’s Ordered to Share Supplier Info

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SHANGHAI — Select restaurants in China are being forced to become more transparent about their supplier relationships after a recent food-safety scare. All involved restaurants have been ordered to post supplier information on their Chinese websites.

Yum Cuts Ties with Shanghai Meat Supplier

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SHANGHAI, China — Yum Brands has ended its relationship with meat supplier OSI Group LLC after factory workers at Shanghai Husi Food Co. Ltd. were reportedly found selling expired meat. After an investigation, McDonald’s has decided to stick around.