secwatch.observer — SEC 8-K summary
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Issuer:     Yum China Holdings, Inc. (YUMC)
CIK:        0001673358
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001564590-21-055040
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yum China names Howard Huang as Chief Supply Chain Officer; Danny Tan to depart Feb 2022
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- Howard Huang appointed Chief Supply Chain Officer effective Nov 9, 2021; previously VP Pizza Hut Regional Operations.
- Danny Tan to resign as Chief Supply Chain Officer, last employment day Feb 10, 2022; will serve as Senior Advisor during transition.
- Tan receives HK$2,260,415 non-compete payment, RMB10,000 release, HK$375,000 long-service, and 2021 bonus eligibility.
- Tan bound by 1-year non-compete, 2-year non-solicitation, non-disparagement, and non-disclosure covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673358/000156459021055040/0001564590-21-055040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673358/000156459021055040/yumc-8k_20211103.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-055040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer