---
schema_version: "secwatch.filing_event.v1"
accession: "0001041061-25-000041"
form_type: "8-K"
ticker: "YUM"
cik: "0001041061"
company_name: "YUM BRANDS INC"
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T04:06:02.259926+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Yum! Brands names Chris Turner as CEO effective Oct 1, 2025; David Gibbs becomes adviser

## Summary
- Chris Turner, current CFO and Chief Franchise Officer, elected CEO, succeeding David Gibbs.
- David Gibbs, CEO since Jan 2020, will serve as non-executive adviser through end of 2026.
- Turner's compensation: $1.1M base salary, 200% target bonus, $1.5M initial equity award for 2025.
- Turner previously led PepsiCo's Walmart business and was a McKinsey & Co. partner.
- Under Gibbs, digital sales surpassed $30B in 2024; net new unit development tripled to ~61,000 restaurants.

## SEC filing metadata
- accession: 0001041061-25-000041
- form_type: 8-K
- ticker: YUM
- cik: 0001041061
- company_name: YUM BRANDS INC
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041061/000104106125000041/0001041061-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041061/000104106125000041/yum-20250613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041061-25-000041
- JSON: https://secwatch.observer/filing/0001041061-25-000041.json
- Plain text: https://secwatch.observer/filing/0001041061-25-000041.txt

## Key facts
- Executive change
  Christopher Turner was elected as Chief Executive Officer at YUM BRANDS INC.
  - Action: elected
  - Role: Chief Executive Officer
  source text: elected Christopher Turner, currently Chief Financial and Franchise Officer of the Company, as Chief Executive Officer of the Company, effective October 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041061/000104106125000041/0001041061-25-000041-index.htm
- Executive change
  David Gibbs departed as Chief Executive Officer at YUM BRANDS INC.
  - Action: retire
  - Role: Chief Executive Officer
  source text: David Gibbs, who, in March 2025, informed the Board of Directors of his intention to retire in the next year after 37 years with the Company and a successful tenure as CEO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041061/000104106125000041/0001041061-25-000041-index.htm

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