Tracy Skeans changed role as Chief Operating Officer and Chief People & Culture Officer at YUM BRANDS INC.
“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”).”
Shareholder Votes
YUM BRANDS INC shareholders rejected Shareholder proposal regarding reducing ownership threshold for shareholders to call a special meeting at the 2026-05-14 meeting.
“4. The shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting was not approved based upon the following votes:”
Shareholder Votes
YUM BRANDS INC shareholders approved Advisory vote to approve executive compensation of named executive officers at the 2026-05-14 meeting.
“3. The proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers was approved based upon the following votes:”
Shareholder Votes
YUM BRANDS INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for 2026 at the 2026-05-14 meeting.
“2. The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026 was approved based upon the following votes:”
Shareholder Votes
YUM BRANDS INC shareholders approved Election of Directors at the 2026-05-14 meeting.
“1. The election of the following directors, who will serve until their respective successors are elected and qualified or until their earlier death or resignation:”
Earnings Releases
YUM BRANDS INC reported first quarter ended March 31, 2026 results: EPS GAAP EPS was $1.55.
“Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2026. First-quarter GAAP EPS was $1.55 and first-quarter EPS excluding Special Items was $1.50, a 15% increase year-over-year.”
Governance Changes
YUM BRANDS INC: Amended and restated bylaws to modify special meeting request mechanics, adjournment provisions, advance notice deadlines for director nominations and other business, director eligibility interview requirement, special board meeting calling authority, and notice period (effective 2025-11-21).
“On November 21, 2025, the Board of Directors (the “Board”) of Yum! Brands, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (the “Amended Bylaws”), effective as of such date.”
Governance Changes
YUM BRANDS INC: Amended and restated bylaws to address Rule 14a-19 shareholder notice requirements, eliminate Vice Chair position, clarify Chair role, and add Chief Legal Officer role (effective 2025-08-22).
“On August 22, 2025, the Board of Directors of the Company amended and restated the Company’s Amended and Restated Bylaws (the “Amended Bylaws”).”
David Gibbs departed as Chief Executive Officer at YUM BRANDS INC.
“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.”
Christopher Turner was elected as Chief Executive Officer at YUM BRANDS INC.
“elected Christopher Turner, currently Chief Financial and Franchise Officer of the Company, as Chief Executive Officer of the Company, effective October 1, 2025”
David Gibbs departed as Chief Executive Officer at YUM BRANDS INC.
“On March 26, 2025, David Gibbs, the Company’s Chief Executive Officer, informed the Board of Directors of his intention to retire in 2026.”
Scott Mezvinsky was appointed as Chief Executive Officer of KFC at YUM BRANDS INC.
“Scott Mezvinsky, currently the President of Taco Bell North America and International of the Taco Bell Division of the Company will become Chief Executive Officer of KFC on March 1, 2025.”
Sabir Sami departed as Chief Executive Officer of the KFC Division at YUM BRANDS INC.
“Mr. Sabir Sami, Chief Executive Officer of the KFC Division (“KFC”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to resign as Chief Executive Officer of KFC on March 1, 2025.”
Earnings Releases
YUM BRANDS INC reported first quarter ended March 31, 2024 results: EPS $1.10.
“Yum! Brands, Inc. (NYSE: YUM) today reported results for the first quarter ended March 31, 2024.”
Debt Financings
YUM BRANDS INC amended credit facility of $500 million term loan A and a $1.5 billion revolving credit facility with JPMorgan Chase Bank, N.A., as Collateral Agent, Swing Line Lender, an L/C Issuer and Administrative Agent at Adjusted Term SOFR or the base rate, as determined by the Borrowers, plus a spre maturing April 26, 2029.
“thereto, pursuant to which the Company refinanced its existing approximately $713 million term loan A facility and $1.25 billion revolving facility through the issuance of a $500 million term loan A (the “Term A Loan”) and a $1.5 billion revolving credit facility (the “Revolving Facility”). The Term A Loan and the Revolving Facility will mature on the earliest of”
Material Agreements
YUM BRANDS INC amended Refinancing Amendment No. 7 with JPMorgan Chase Bank, N.A., as Collateral Agent, Swing Line Lender, an L/C Issuer and Administrative Agent, and the Lenders (effective 2024-04-26).
“On April 26, 2024, Pizza Hut Holdings, LLC, KFC Holding Co. and Taco Bell of America, LLC (collectively, the “Borrowers”), each a wholly owned subsidiary of YUM! Brands, Inc. (“YUM” or the “Company”), entered into a Refinancing Amendment No. 7 (the “Amendment”) to the Credit Agreement, dated as of June 16, 2016”
Earnings Releases
YUM BRANDS INC reported financial results for the fourth quarter and year ended December 31, 2023.
“On February 7, 2024, Yum! Brands, Inc. issued a press release announcing financial results for the quarter and year ended December 31, 2023.”
Earnings Releases
YUM BRANDS INC reported the third quarter ended September 30, 2023 results: EPS $1.46.
“Third-quarter GAAP EPS was $1.46 and third-quarter EPS excluding Special Items was $1.44. Third-quarter EPS includes a favorable $0.05 mark-to-market impact from the remeasurement of the Company's investment in Devyani International Ltd.”
Earnings Releases
YUM BRANDS INC reported second-quarter ended June 30, 2023 results: EPS Second-quarter GAAP EPS was $1.46.
“Second-quarter GAAP EPS was $1.46 and second-quarter EPS excluding Special Items was $1.41.”
Susan Doniz was appointed as Director at YUM BRANDS INC.
“On July 18, 2023, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Brett Biggs and Susan Doniz as directors.”
Brett Biggs was appointed as Director at YUM BRANDS INC.
“On July 18, 2023, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Brett Biggs and Susan Doniz as directors.”
Sean Tresvant was appointed as Chief Executive Officer of Taco Bell at YUM BRANDS INC.
“Sean Tresvant, currently the Taco Bell Global Chief Brand and Strategy Officer, will become Chief Executive Officer of Taco Bell on January 1, 2024.”
Mark King departed as Chief Executive Officer of Taco Bell at YUM BRANDS INC.
“On June 27, 2023, Mr. Mark King, Chief Executive Officer of the Taco Bell Division (“Taco Bell”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to retire as Chief Executive Officer of Taco Bell on December 31, 2023.”
Shareholder Votes
YUM BRANDS INC shareholders rejected Shareholder proposal regarding issuance of a report on paid sick leave at the 2023-05-18 meeting.
“9. The shareholder proposal regarding issuance of a report on paid sick leave was not approved based upon the following votes: Votes for approval 42,870,349 Votes against 166,289,559 Abstentions 2,603,980 Broker non-votes 28,262,539”
Shareholder Votes
YUM BRANDS INC shareholders rejected Shareholder proposal regarding issuance of an annual report on lobbying at the 2023-05-18 meeting.
“6. The shareholder proposal regarding issuance of an annual report on lobbying was not approved based upon the following votes: Votes for approval 87,724,549 Votes against 121,680,687 Abstentions 2,358,652 Broker non-votes 28,262,539”
Shareholder Votes
YUM BRANDS INC shareholders rejected Shareholder proposal regarding issuance of a report on efforts to reduce plastics use at the 2023-05-18 meeting.
“5. The shareholder proposal regarding issuance of a report on efforts to reduce plastics use was not approved based upon the following votes: Votes for approval 77,184,024 Votes against 132,157,592 Abstentions 2,422,272 Broker non-votes 28,262,539”
Shareholder Votes
YUM BRANDS INC shareholders approved Hold non-binding advisory votes on executive compensation every year at the 2023-05-18 meeting.
“The proposal to hold non-binding advisory votes on executive compensation every year was approved, it having received the greatest number of votes cast for one of the three options based upon the following votes: One year 208,467,822 Two years 363,145 Three years 2,455,185 Abstentions 477,736 There were no broker non-votes for this item.”
Shareholder Votes
YUM BRANDS INC shareholders approved Approve, by non-binding advisory vote, the executive compensation of the named executive officers at the 2023-05-18 meeting.
“3. The proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers was approved based upon the following votes: Votes for approval 184,470,528 Votes against 25,271,984 Abstentions 2,021,376 Broker non-votes 28,262,539”
Shareholder Votes
YUM BRANDS INC shareholders approved Ratify appointment of KPMG LLP as independent auditor for 2023 at the 2023-05-18 meeting.
“2. The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2023 was approved based upon the following votes: Votes for approval 230,968,595 Votes against 8,668,165 Abstentions 389,667 There were no broker non-votes for this item.”
Shareholder Votes
YUM BRANDS INC shareholders approved Election of directors at the 2023-05-18 meeting.
“1. The election of the following directors, who will serve until their respective successors are elected and qualified or until their earlier death or resignation: Director For Against Abstain Broker non-votes Paget L. Alves 208,191,299 3,221,531 351,058 28,262,539 Keith Barr 208,889,754 2,543,508 330,626 28,262,539 Christopher M. Connor 204,963,425 6,451,295 349,168 28,262,539 Brian C. Cornell 198,757,041 12,681,991 324,856 28,262,539 Tanya L. Domier 209,095,262 2,363,372 305,254 28,262,539 David W. Gibbs 209,147,083 2,102,645 514,160 28,262,539 Mirian M. Graddick-Weir 186,774,697 24,621,508 367,683 28,262,539 Thomas C. Nelson 202,849,228 8,583,525 331,135 28,262,539 P. Justin Skala 209,016,102 2,407,904 339,882 28,262,539 Annie Young-Scrivner 209,057,893 2,397,479 308,516 28,262,539”
Earnings Releases
YUM BRANDS INC reported first-quarter ending March 31, 2023 results: EPS GAAP EPS was $1.05 and first-quarter EPS excluding Special Items was $1.06.
“Yum! Brands, Inc. (NYSE: YUM) today reported results for the first-quarter ending March 31, 2023.”
Earnings Releases
YUM BRANDS INC reported fourth-quarter and year ended December 31, 2022 results: EPS Fourth-quarter GAAP EPS was $1.29.
“Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth-quarter and year ended December 31, 2022. Fourth-quarter GAAP EPS was $1.29, an increase of 17%.”
Elane B. Stock resigned as Director at YUM BRANDS INC.
“On December 22, 2022, Elane B. Stock submitted her resignation as a director of Yum! Brands, Inc. (the "Company"), which resignation was effective on that date.”
Earnings Releases
YUM BRANDS INC reported third quarter ended September 30, 2022 results: EPS $1.14.
“Third quarter GAAP EPS was $1.14 and third quarter EPS excluding Special Items was $1.09. Our year-over-year EPS excluding Special Items results reflect a $0.23 negative impact from a higher current year tax rate, lower investment gains and the removal of Russia-based profits.”
Sabir Sami was appointed as Chief Executive Officer of the KFC Division at YUM BRANDS INC.
“Sabir Sami, currently KFC Division Chief Operating Officer and Managing Director of KFC Asia, will become Chief Executive Officer of the KFC Division on January 1, 2022.”
Tony Lowings resigned as Chief Executive Officer of the KFC Division at YUM BRANDS INC.
“Mr. Tony Lowings, Chief Executive Officer of the KFC Division (“KFC”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to resign as Chief Executive Officer of KFC on December 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.