Yum! Brands CEO Set to Retire in 2026

Yum! Brands has announced that David Gibbs, the company’s current Chief Executive Officer, will retire after nearly four decades of service. Gibbs, who became CEO in January 2020, has informed the Board of Directors of his intention to retire in the first quarter of 2026.

In preparation for this transition, the Board has formed a succession planning committee tasked with identifying and appointing Gibbs’ successor. Gibbs will remain with the company throughout the search process and until his retirement.

Under Gibbs' leadership, Yum! Brands saw remarkable growth...

Pizza Hut US Delivers Exceptional Big Game Results

Last week, 127.7 million pro football fans watched the sport’s final matchup, and Pizza Hut U.S. was ready to feed them. In fact, the brand claimed its highest sales per restaurant in its 67-year history during this year’s Big Game, proving that the most iconic Sunday in sports remains Pizza Hut’s busiest day of the year. It took a collective effort from the brand’s Digital & Technology, marketing and operations teams to ensure that football fans received piping hot Pizza Hut® pizzas to fuel their game-watching experience...

Scott Mezvinsky Promoted to KFC Division CEO, Effective March 1, 2025

Yum! Brands, Inc. today announced the promotion of Scott Mezvinsky, 49, to KFC Division Chief Executive Officer, reporting to Yum! Brands Chief Executive Officer David Gibbs, effective March 1, 2025. Mezvinsky, a 20-year veteran of the Company who currently serves as President of Taco Bell North America and International, will succeed Sabir Sami, who is stepping down as KFC CEO at the end of February 2025. Mezvinsky will assume global responsibility for driving the brand strategy and performance of KFC...

Burger King, KFC Owners Miss Results Estimates as Fast-Food Spending Wanes

Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.

Consumers are relying on cheaper, home-cooked meals instead of eating out as fast-food prices have risen over the past year, hurting traffic across the industry.

As a result, restaurant operators have turned to aggressive promotions in an attempt to attract value-seeking customers. Burger...

Yum! Brands to Expand Voice AI Technology to Hundreds of Taco Bell U.S. Drive-Thru Locations in 2024

Yum! Brands, Inc. announced today the expansion of Voice AI technology across Taco Bell drive-thru locations in the U.S., targeting hundreds of stores by the end of 2024. The Company aspires to implement Voice AI technology in drive-thrus at its brands globally in the future.

The rollout of Voice AI technology in Taco Bell, currently in more than 100 Taco Bell U.S. drive-thrus across 13 states, is designed to enhance...