8-K filed December 15, 2023, 6:59 PM ET ticker YUMC CIK 0001673358

leadership confidence high sentiment neutral materiality 0.60

Yum China: CCO Johnson Huang to retire June 2024; CLO Joseph Chan resigns Feb 2024; successors named

Yum China Holdings, Inc.

Johnson Huang steps down as Chief Customer Officer Dec 31, 2023; will retire June 30, 2024 after 17 years.
Maggie Chen, GM KFC Marketing since 2021, appointed Chief Customer Officer effective Jan 1, 2024.
Joseph Chan resigns as Chief Legal Officer; last day Feb 29, 2024; effective Dec 31, 2023.
Pingping Liu, current Corporate Secretary and Senior Legal Director, appointed Chief Legal Officer effective Jan 1, 2024.
Both outgoing officers will serve as advisors during transition periods with base salary and bonus eligibility.

item 5.02 item 9.01

Executive movements

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Departed

Joseph Chan

Chief Legal Officer

YUMC · Yum China Holdings, Inc.

Effective: 2023-12-31
Successor: Pingping Liu
Filed: December 15, 2023, 6:59 PM ET

To facilitate a smooth transition, Mr. Chan will step down as Chief Legal Officer, effective December 31, 2023.

Appointed

Maggie Chen

Chief Customer Officer

YUMC · Yum China Holdings, Inc.

Effective: 2024-01-01
Filed: December 15, 2023, 6:59 PM ET

Ms. Maggie Chen has been appointed as the Company's Chief Customer Officer, effective January 1, 2024.

Departed

Johnson Huang

Chief Customer Officer

YUMC · Yum China Holdings, Inc.

Effective: 2023-12-31
Successor: Maggie Chen
Filed: December 15, 2023, 6:59 PM ET

To facilitate a smooth transition, Mr. Huang will step down as Chief Customer Officer, effective December 31, 2023.

Appointed

Pingping Liu

Chief Legal Officer

YUMC · Yum China Holdings, Inc.

Effective: 2024-01-01
Filed: December 15, 2023, 6:59 PM ET

The Board has appointed Ms. Pingping Liu as the Company's Chief Legal Officer, effective January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Chan departed as Chief Legal Officer at Yum China Holdings, Inc..

Action: stepped down
Role: Chief Legal Officer

Exact text from the filing

To facilitate a smooth transition, Mr. Chan will step down as Chief Legal Officer, effective December 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Maggie Chen was appointed as Chief Customer Officer at Yum China Holdings, Inc..

Action: appointed
Role: Chief Customer Officer

Exact text from the filing

Ms. Maggie Chen has been appointed as the Company's Chief Customer Officer, effective January 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Johnson Huang departed as Chief Customer Officer at Yum China Holdings, Inc..

Action: stepped down
Role: Chief Customer Officer

Exact text from the filing

To facilitate a smooth transition, Mr. Huang will step down as Chief Customer Officer, effective December 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Pingping Liu was appointed as Chief Legal Officer at Yum China Holdings, Inc..

Action: appointed
Role: Chief Legal Officer

Exact text from the filing

The Board has appointed Ms. Pingping Liu as the Company's Chief Legal Officer, effective January 1, 2024.

View on SEC.gov

Yum China Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-070573

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