Yum! Brands, Inc.

Yum! Brands, Inc.

Sector: Eating Places Region: KY, United States

: | New York Stock Exchange: YUM | Frankfurt Stock Exchange: TGR

Yum! Brands, Inc., (NYSE: YUM), based in Louisville, Kentucky, is one of the world’s largest restaurant companies with over 41,000 restaurants in more than 120 countries and territories. Yum! Brands is ranked #216 on the FORTUNE 500 list with revenues of more than $13 billion and in 2014 was named among the 100 Best Corporate Citizens by Corporate Responsibility Magazine and one of the Aon Hewitt Top Companies for Leaders in North America. Our restaurant brands – KFC®, Pizza Hut® and Taco Bell® – are the global leaders of the chicken, pizza and Mexican-style food categories.

Since our spin-off from PepsiCo in 1997, Yum! Brands has become a truly global company going from approximately 20 percent of profits coming from outside the U.S. to almost 70 percent in 2014. We’re a leader in international retail development, opening on average over five new restaurants per day outside the U.S. in 2014.

Yum! Brands has a portfolio of brands with leadership positions in China and other emerging markets, with a long runway for growth. We’re proud to be the worldwide leader in emerging markets with more than 14,000 restaurants, nearly twice as many as the nearest competition. With only 2 restaurants per million people in the top 10 emerging markets, compared to 58 restaurants per million in the U.S., we are on the ground floor of global growth.

We’re proud to be the worldwide leader in emerging markets with more than 14,000 restaurants, nearly twice as many as the nearest competition. With only 2 restaurants per million people in the top 10 emerging markets, compared to 57 restaurants per million in the U.S., we are on the ground floor of global growth.

With our announcement to combine our Yum! Restaurants International and U.S. individual divisions for KFC, Pizza Hut and Taco Bell, effective January 1, 2014, we are well positioned to more aggressively accelerate growth in the years ahead. Yum! Restaurants China and Yum! Restaurants India remain separate divisions given their strategic importance and enormous growth potential. We remain focused on the three keys to driving shareholder value: new-unit development, same-store sales growth and generating high returns on invested capital.

Importantly, we’re extremely proud of our 1.5 million associates around the globe and the unique culture we’ve built, one that’s filled with energy, opportunity, and fun. We believe in our people, trust in their positive intentions, encourage ideas from everyone, and have actively developed a workforce that is diverse in style and background. Yum! Brands is a place where anyone can, and does, make a difference.

Latest Media

Warning! Third-party cookies must be enabled to view SlideShare presentations. ×

Having trouble?

Analyst Meeting Presentation

December 2014

Yum! Brands, Inc. video

Analyst Meeting Presentation


David C. Novak, Executive Chairman
David C. Novak became Executive Chairman of Yum! Brands on January 1, 2015. Novak leads Yum!’s Board of Directors and supports the Company’s CEO, on corporate strategy, innovative business and brand building ideas along with leadership development. During his tenure as CEO since 1999, Yum! Brands doubled in size to 41,000 restaurants and established itself as a global powerhouse going from approximately 20 percent of its profits coming from outside the United States in 1997 to nearly 70 percent in 2013, while remaining an industry leader in return on invested capital. In so doing, Yum! Brands’ stock has risen almost sixteen percent annually and its market capitalization has grown to over $34 billion from just over $4 billion. Prior to leading Yum! Brands, Novak was President at both KFC and Pizza Hut, and held senior management positions at Pepsi-Cola Company, including Chief Operating Officer, and Executive Vice President of Marketing and Sales.

Novak is on the board of directors of the Yum! Brands Foundation and World Food Program USA. Additionally, he is a member of The Business Council and The American Society for Corporate Executives, while also devoting considerable personal support to the United Nations World Food Programme and Dare to Care Food Bank hunger relief. In the spring, he will receive the prestigious 2015 Horatio Alger Award for his commitment to philanthropy and higher education and become a lifetime member of the Horatio Alger Association of Distinguished Americans. He is a recipient of the 2012 UN World Food Program Leadership Award for Yum! Brands World Hunger Relief effort that raises awareness, volunteerism and funds to address this global problem. He is also the recipient of the national 2008 Woodrow Wilson Award for Corporate Citizenship.
Greg Creed, Chief Executive Officer
Greg Creed became Chief Executive Officer of Yum! Brands on January 1, 2015 and a Director of the Board in November 2014. He reports to the Company’s Executive Chairman, David Novak. Creed leads the Company’s overarching strategies, structure, people development and culture that will drive sales and profitability at all of its businesses worldwide. All YUM functional leaders and divisions report to Creed, a 20-year veteran with the Company. Creed has more than 30 years of extensive experience in marketing and operations with leading packaged goods and restaurant brands. Previously, Creed was head of Taco Bell, the nation's leading Mexican-style quick service restaurant chain that serves more than 36 million customers each week in nearly 6,000 restaurants in the U.S. He was appointed Chief Executive Officer of Taco Bell in early 2011 after serving as President and Chief Concept Officer and was responsible for driving overall brand strategy and performance of the business in the U.S. and internationally. He has held various roles with the Company including Chief Marketing Officer at Taco Bell where he spearheaded the “Think Outside the Bun” campaign and new product introductions that generated strong sales and profit growth for five consecutive years, as well as Chief Operating Officer for Yum! where he created a people-focused leadership approach for global operations and led the strategic development for Taco Bell International.
Sam Su, Vice Chairman, Yum! Brands, Inc.
Jing-Shyh “Sam” Su became Chairman and CEO of Yum! Restaurants China in May 2010, maintaining his position as Vice Chairman of the Board at Yum! Brands, reporting directly to the Company’s CEO. Su had previously served as President of the China Division since 1997. Yum! Brands is focused on building leading brands in China in every significant category. Yum! is the leading retail developer in China with more than 6,700 restaurants in over 1,000 cities. KFC is the number one foreign brand in China with more than 4,800 restaurants in over 1,000 cities. Pizza Hut is the number one Western casual dining brand in China with more than 1,300 restaurants in over 350 cities and over 250 Pizza Hut Home Service units. Yum! opened more than 700 new units in China in 2014 and expects to open 700 new units in 2015.
Jonathan Blum, Senior Vice President, Chief Public Affairs and Global Nutrition Officer
Jonathan Blum is Senior Vice President, Chief Public Affairs and Global Nutrition Officer for Yum! Brands, Inc. He reports to the CEO and serves on the Company’s Disclosure and Compliance Oversight Committees and is Vice Chairman of the Yum! Foundation. His global portfolio includes public policy issues management, internal and external communications, corporate social responsibility, community diversity, nutrition, government affairs, community relations and philanthropy. Jonathan was Vice President of Public Affairs for Taco Bell Corp. before PepsiCo spun-off its restaurant companies in 1997.
Anne Byerlein, Chief People Officer
Anne Byerlein is Chief People Officer for Yum! Brands Inc. and reports to the CEO. She is responsible for global Human Resources, which include field and Restaurant Support Center recruiting, staffing, compensation, benefits, people development and training. Also falling under her umbrella are employee relations, diversity and inclusion, safety, security, facilities and aviation for all Yum! divisions. Prior to assuming her current role in late 2002, Byerlein was Chief People Officer for KFC and Vice President of Human Resources for Yum!, roles she held concurrent with one another. Previously, she was Vice President of Corporate Human Resources for PepsiCo, a position she held prior to the creation of Tricon Global Restaurants, Inc., (later changed to Yum! Brands, Inc.) in 1997.
Christian L. Campbell, Senior Vice President, General Counsel, Secretary and Chief Franchise Policy Officer
Chris Campbell is Senior Vice President, General Counsel, Secretary and Chief Franchise Policy Officer for Yum! Brands, Inc. and reports to the CEO. In this role, Campbell oversees all legal activities of the company and he is responsible for the oversight of the company's purchasing as a Director of the Company's purchasing cooperative with its franchisees, and for the administration and coordination of franchise policies. Campbell joined Yum! Brands, Inc. from Owens Corning, where he held the titles Senior Vice President and General Counsel. He holds a Bachelor and Masters degree in economics from Northwestern University (1972), and a law degree from Harvard Law School (1975). In addition, he completed the Advanced Management Program at Harvard Business School in 1992. He also serves on numerous professional boards.
Roger Eaton, Chief Operations Officer
Roger Eaton became President of the KFC division on January 1, 2014, while continuing to serve as Chief Operations Officer of Yum!, a position he has held since late 2011. Eaton oversees KFC’s business in the Middle East, Thailand, Asia FBU (Franchise Business Unit), Latin America and Caribbean and Canada. He dually reports to Yum! Brands’ CEO and KFC’s CEO. Eaton has also served as Chief Executive Officer of KFC U.S. after serving as President of KFC Corporation. He is an international restaurant industry veteran and has been with Yum! Brands for 20 years. Prior to his roles at KFC U.S., Eaton was Chief Operating and Development Officer for Yum! Brands. He has also served as Senior Vice President/Managing Director of Yum! Restaurants International South Pacific (SOPAC). Earlier in his career, he was Regional Operations Director of KFC SOPAC, General Manager of KFC New Zealand and Finance Director of KFC SOPAC. Under his leadership, SOPAC had 27 consecutive quarters of profitable same store sales growth, as well as consistent above target new restaurant builds.
Larry Gathof, Vice President and Treasurer
Larry Gathof is Vice President and Treasurer for Yum! Brands, Inc. In this role, Larry leads the Treasury function including risk management and mergers and acquisitions. Prior to assuming his current responsibilities, Larry was Vice President of Corporate Planning and Mergers and Acquisitions. Larry has 17 years of finance experience with Yum! including roles in strategic planning, investor relations and shared services. Prior to joining Yum!, Larry held various finance roles with a Global consumers goods company with a primary focus in international planning and control.
Patrick Grismer, Chief Financial Officer
Pat Grismer was appointed Chief Financial Officer for Yum! Brands in May 2012 after serving as Chief Planning & Control Officer. He reports directly to the CEO. Previously, he served in a series of domestic and international finance positions, including CFO at Yum! Restaurants International (YRI), Corporate Vice President of Strategy and Investor Relations, Chief Financial Officer of Pizza Hut (UK), Vice President of Planning at YRI, and Senior Director of Finance at Taco Bell. Prior to joining Yum! Brands, Grismer spent ten years at The Walt Disney Company in a series of finance executive positions and was also a senior consultant at Price Waterhouse. He earned a B.S. in Business Administration from the University of Southern California, an MBA in Finance and Marketing from Northwestern University’s Kellogg Graduate School of Management and CPA certification in the State of California.
David Russell, Vice President, Finance and Corporate Controller
David Russell was appointed Vice President, Finance and Corporate Controller of Yum! Brands, Inc. in December 2011. He has been Vice President, Corporate Controller since February 2011. David has over 20 years of finance and accounting experience. He has been with the Company for the past 16 years serving in various finance and accounting roles. Prior to his current role, David served as Vice President, Financial Planning and Controller-Designate. Previous positions at Yum! include Vice-President, Financial Planning, Vice-President and Assistant Controller and Senior Director, Finance.

News & Analysis