YUM! Brands COO/CPO Tracy Skeans to transition Nov 1, 2026, retire March 1, 2028

YUM BRANDS INC

Tracy Skeans will step down as COO and Chief People & Culture Officer effective Nov 1, 2026.
She will serve as Senior Advisor from Nov 1, 2026 until retirement on March 1, 2028.
Skeans will receive base salary and bonus eligibility through retirement, excluding 2028 bonus.
She will receive a $500,000 lump sum payment upon retirement in exchange for waiver/release.
No additional equity awards will be granted; existing equity continues to vest through retirement.

item 5.02

Executive movements

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Role change

Tracy Skeans

Chief Operating Officer and Chief People & Culture Officer

YUM · YUM BRANDS INC

Effective: 2026-11-01
Filed: June 2, 2026, 4:33 PM ET

On June 2, 2026, YUM! Brands, Inc. (the “Company”) announced that Tracy Skeans will transition from her roles as Chief Operating Officer and Chief People & Culture Officer effective on November 1, 2026 (the “Transition Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Tracy Skeans changed role as Chief Operating Officer and Chief People & Culture Officer at YUM BRANDS INC.

Action: transition
Role: Chief Operating Officer and Chief People & Culture Officer

Exact text from the filing

On June 2, 2026, YUM! Brands, Inc. (the “Company”) announced that Tracy Skeans will transition from her roles as Chief Operating Officer and Chief People & Culture Officer effective on November 1, 2026 (the “Transition Date”).

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Source: SEC EDGAR

accession 0001041061-26-000136

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