Joe Park Promoted to Yum! Brands Chief Digital & Technology Officer

Yum! Brands, Inc. (NYSE: YUM) today announced the promotion of Joe Park to Chief Digital & Technology Officer, reporting to Chris Turner, Yum! Brands Chief Financial Officer, effective March 1, 2024. Park, who most recently served as Chief Digital & Technology Officer for Pizza Hut Global, succeeds Clay Johnson, who will continue with Yum! Brands as a Senior Advisor. As CDTO, Park will join the Yum! Brands Global Leadership Team and oversee the Company’s global technology strategy, partnering with the KFC, Pizza Hut, Taco Bell and the Habit...

How Yum! Brands is Making its Supply Chain More Sustainable

The KFC, Pizza Hut, Taco Bell and The Habit Burger Grill parent company is investing in partnerships with dairy, beef and poultry suppliers to reduce carbon emissions and develop more resilient agricultural practices.

The effects of climate change can have a major impact on the global food system. That’s why Yum! Brands aims to be part of the solution and is working with suppliers to cut greenhouse gas (GHG) emissions.

“We rely on healthy agriculture systems to support sustainable crop yields and livestock productivity,” said Yum! Chief Sustainability Officer...

 Yum! Brands Reports Second-Quarter Results

Yum! Brands, Inc. (NYSE: YUM) today reported results for the second-quarter ended June 30, 2023. Worldwide system sales excluding foreign currency translation grew 13%, with 9% same-store sales growth and 6% unit growth. Second-quarter GAAP operating profit grew 4%. Second-quarter core operating profit grew 12%. Second-quarter GAAP EPS was $1.46 and second-quarter EPS excluding Special Items was $1.41. Second-quarter EPS includes a favorable $0.09 mark-to-market impact from unrealized investment gains and a negative $0.05 impact from foreign currency translation...

Yum! Brands Appoints Former Walmart CFO Brett Biggs and Boeing CIO Susan Doniz to Board

Yum! Brands, Inc., today announced the appointments of Brett Biggs, former Executive Vice President and Chief Financial Officer of Walmart Inc., and Susan Doniz, Chief Information Officer and Senior Vice President of Information Technology & Data Analytics of The Boeing Company, to its Board of Directors, effective August 10, 2023.

“Brett and Susan bring deep leadership experience and proven track records driving performance and innovation for well-known customer-oriented and technology-centric companies, making them outstanding additions to the Yum! Brands Board,” said Brian Cornell...

Yum! Brands Annual Citizenship & Sustainability Report Showcases Progress 

Today, Yum! Brands, Inc. released its annual Global Citizenship & Sustainability Report, highlighting the Company’s progress on key issues that include less carbon, better packaging and more equality. The Company has a long history of strategic investment when it comes to the socially responsible growth, risk management and sustainable stewardship of its three priority pillars of People, Food and Planet, what Yum! calls its Recipe for Good Growth. Yum!’s Recipe for Good Growth strategy is grounded in the idea that its business will only endure if its brands are inclusive, sustainable and...

Sean Tresvant Promoted to Taco Bell Division CEO, Effective January 1, 2024

Yum! Brands, Inc., today announced the promotion of Sean Tresvant to Taco Bell Division Chief Executive Officer, reporting to Yum! Brands Chief Executive Officer David Gibbs, effective January 1, 2024. Tresvant, who currently serves as Global Chief Brand and Strategy Officer of Taco Bell, will succeed Mark King, who has announced his decision to retire at the end of 2023. As CEO, Tresvant will assume global responsibility for driving Taco Bell’s growth strategies, franchise operations and overall performance.

“Sean is a visionary business leader and best...

Taco Bell, Cargill and the National Fish and Wildlife Foundation Partner to Restore Habitats 

With bold ambitions to operate 10,000 restaurants in the coming years, Taco Bell acknowledges its responsibility to balance global expansion with intentional impact. In pursuit of parent company Yum! Brands' broader climate efforts to reduce greenhouse gas emissions by nearly 50% by 2030, Taco Bell is taking bigger steps to improve the environmental effects of its supply chain, especially for one of its top-selling ingredients. Taco Bell is now partnering with its long-time supplier Cargill and the National Fish and Wildlife Foundation...