leadership
confidence high
sentiment neutral
materiality 0.35
Yum! Brands appoints incoming CEO Chris Turner to Board, amends bylaws
YUM BRANDS INC
- David Gibbs resigns as director effective Oct 1, 2025; no disagreement with Company.
- Chris Turner appointed director effective Oct 1, 2025, same day he becomes CEO.
- Bylaws amended: shareholder notice rules for director nominations, eliminate Vice Chair, clarify Chair role, add Chief Legal Officer.
- Gibbs will remain as executive advisor to Yum! through 2026.
item 5.02item 5.03