---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-035932"
form_type: "8-K"
ticker: "YUMC"
cik: "0001673358"
company_name: "Yum China Holdings, Inc."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T01:40:25.057466+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Yum China appoints Adrian Ding as CFO, effective March 6, 2025

## Summary
- Appointed Adrian Ding as CFO effective March 6, 2025; he had been Acting CFO since October 2024.
- Annual base salary increased to RMB4,320,470 (~US$600,065); bonus target raised to 90% of base.
- One-time RSU grant of US$400,000 vesting over three years; no additional 2025 LTI award.
- Ding previously served as Chief Investment Officer; led KFC JV stake acquisitions and HKEX listing.
- Previous roles include Alibaba, UBS (Director), Morgan Stanley, Citi; MBA from Columbia.

## SEC filing metadata
- accession: 0000950170-25-035932
- form_type: 8-K
- ticker: YUMC
- cik: 0001673358
- company_name: Yum China Holdings, Inc.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673358/000095017025035932/0000950170-25-035932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673358/000095017025035932/yumc-20250306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-035932
- JSON: https://secwatch.observer/filing/0000950170-25-035932.json
- Plain text: https://secwatch.observer/filing/0000950170-25-035932.txt

## Key facts
- Executive change
  Adrian Ding was appointed as Chief Financial Officer at Yum China Holdings, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 6, 2025, the Board of Directors (the “Board”) of Yum China Holdings, Inc. (the “Company”) appointed Adrian Ding, the Company’s Acting Chief Financial Officer and Chief Investment Officer, to the position of Chief Financial Officer, effective March 6, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673358/000095017025035932/0000950170-25-035932-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.