Yum! Brands Management

Management criteria checks 2/4

Yum! Brands' CEO is David Gibbs, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is $21.24M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth €31.54M. The average tenure of the management team and the board of directors is 3.6 years and 6.6 years respectively.

Key information

David Gibbs

Chief executive officer

US$21.2m

Total compensation

CEO salary percentage	6.1%
CEO tenure	4.3yrs
CEO ownership	0.08%
Management average tenure	3.6yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Gibbs's remuneration changed compared to Yum! Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$21m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$17m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$28m	US$1m	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$15m	US$303k	US$904m
Sep 30 2020	n/a	n/a	US$1b
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$1b
Dec 31 2019	US$17m	US$985k	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$1b
Dec 31 2018	US$7m	US$891k	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$8m	US$834k	US$1b

Compensation vs Market: David's total compensation ($USD21.24M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.

CEO

David Gibbs (60 yo)

4.3yrs

Tenure

US$21,238,955

Compensation

Mr. David W. Gibbs is Chief Executive Officer of YUM! Brands, Inc. since January 1, 2020 and has been its Director since November 1, 2019. Mr. Gibbs served as Chief Operating Officer at YUM!Brands, Inc. s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Gibbs	CEO & Director	4.3yrs	US$21.24m	0.085% $ 31.5m
Christopher Turner	Chief Financial Officer	4.7yrs	US$5.74m	0.016% $ 5.9m
Tracy Skeans	COO & Chief People Officer	8.3yrs	US$6.10m	0.0045% $ 1.7m
Aaron Powell	Chief Executive Officer of Pizza Hut Division	2.6yrs	US$5.21m	0.0044% $ 1.6m
Sabir Sami	Chief Executive Officer of KFC Division	2.3yrs	US$5.37m	0.0032% $ 1.2m
Joe Park	Chief Digital & Technology Officer	less than a year	no data	no data
Jodi Dyer	Vice President of Investor Relations	no data	no data	no data
Scott Catlett	Chief Legal & Franchise Officer and Corporate Secretary	5.8yrs	no data	0.015% $ 5.4m
Ken Muench	Chief Marketing Officer	2.3yrs	no data	no data
Gavin Felder	Chief Strategy Officer	no data	no data	no data
James Fripp	Chief Equity	3.6yrs	no data	no data
Tarun Lal	President of KFC U.S.	no data	no data	no data

3.6yrs

Average Tenure

49yo

Average Age

Experienced Management: TGR's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Gibbs	CEO & Director	5.3yrs	US$21.24m	0.085% $ 31.5m
Thomas Nelson	Independent Director	18.3yrs	US$280.00k	0.0071% $ 2.6m
Paget Alves	Independent Director	7.4yrs	US$315.00k	0.0022% $ 835.2k
Christopher Connor	Independent Director	6.9yrs	US$300.00k	no data
Mirian Graddick-Weir	Independent Director	12.3yrs	US$300.00k	0.00044% $ 164.1k
Brian Cornell	Independent Non-Executive Chairman	8.6yrs	US$452.13k	0.00016% $ 59.7k
P. Skala	Independent Director	8.3yrs	US$280.00k	0.0057% $ 2.1m
Tanya Domier	Independent Director	6.3yrs	US$280.00k	0.0018% $ 656.2k
Keith Barr	Independent Director	4.3yrs	US$290.00k	no data
Annie Young-Scrivner	Independent Director	4.3yrs	US$280.00k	0.0022% $ 838.9k
Susan Doniz	Independent Director	less than a year	US$71.67k	no data
M. Biggs	Independent Director	less than a year	US$71.67k	no data

6.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: TGR's board of directors are considered experienced (6.6 years average tenure).

Yum! Brands Management

Management criteria checks 2/4

Key information

Recent management updates

Yum! Brands, Inc., Annual General Meeting, May 16, 2024

Yum! Brands, Inc. Promotes Joe Park Its Chief Digital & Technology Officer Effective March 1, 2024

Insider recently sold €1.1m worth of stock

Yum! Brands, Inc. Announces Board Appointments

Yum! Brands, Inc. Appoints Brett Biggs and Susan Doniz to Its Board of Directors, Effective from August 10, 2023

Taco Bell Announces Executive Changes

Recent updates

Yum! Brands, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$5.68 (vs US$4.63 in FY 2022)

Upcoming dividend of US$0.67 per share at 2.0% yield

Full year 2023 earnings released: EPS: US$5.68 (vs US$4.63 in FY 2022)

Third quarter dividend of US$0.67 announced

Yum! Brands, Inc. Announces Increase in Quarterly Dividend, Payable on March 8, 2024

Yum! Brands, Inc. Promotes Joe Park Its Chief Digital & Technology Officer Effective March 1, 2024

Yum! Brands, Inc. to Report Q4, 2024 Results on Feb 05, 2025

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on December 8, 2023

Insider recently sold €1.1m worth of stock

Yum! Brands, Inc. Announces Board Appointments

Second quarter 2023 earnings released: EPS: US$1.49 (vs US$0.78 in 2Q 2022)

Yum! Brands, Inc. Appoints Brett Biggs and Susan Doniz to Its Board of Directors, Effective from August 10, 2023

Taco Bell Announces Executive Changes

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on June 9, 2023

First quarter 2023 earnings released: EPS: US$1.07 (vs US$1.38 in 1Q 2022)

COO & Chief People Officer recently sold €482k worth of stock

Upcoming dividend of US$0.60 per share at 1.8% yield

Full year 2022 earnings released: EPS: US$4.63 (vs US$5.30 in FY 2021)

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on March 10, 2023

Insufficient new directors

Yum! Brands, Inc. Announces Resignation of Elane B. Stock as Director

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on December 9, 2022

Third quarter 2022 earnings released: EPS: US$1.16 (vs US$1.78 in 3Q 2021)

Smart Service Ltd. entered into a share and purchase agreement to acquire Russian KFC Business from Yum! Brands, Inc. (NYSE:YUM).

Yum! Brands, Inc. (NYSE:YUM) announces an Equity Buyback for $2,000 million worth of its shares.

Yum! Brands, Inc. Declares Dividend for Common Stock, Payable on September 9, 2022

Yum! Brands, Inc. Appoints Allyson Park as Chief Corporate Affairs Officer, Effective August 15, 2022

Second quarter 2022 earnings released: EPS: US$0.78 (vs US$1.31 in 2Q 2021)

Pizza Hut Introduces New Oven-Baked Pastas to Menus Nationwide

An undisclosed local operator agreed to acquire Russian KFC Business from Yum! Brands, Inc..

Yum! Brands, Inc. Announces Quarterly Dividend, Payable on June 10, 2022

First quarter 2022 earnings released: EPS: US$1.38 (vs US$1.08 in 1Q 2021)

Yum! Brands, Inc., Annual General Meeting, May 19, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Yum! Brands, Inc. to Report Q1, 2022 Results on May 04, 2022

Yum! Brands, Inc. Announces Quarterly Dividend, Payable on March 11, 2022

Pizza Hut Launches New Spicy Lover's Pizza

Upcoming dividend of US$0.50 per share

Third quarter 2021 earnings released: EPS US$1.78 (vs US$0.93 in 3Q 2020)

The Yum Brands Inc Offers Chicken Sandwich Taco Available at Limited Locations in Tennessee and North Carolina

Upcoming dividend of US$0.50 per share

Second quarter 2021 earnings released: EPS US$1.31 (vs US$0.68 in 2Q 2020)

Yum! Brands, Inc.(NYSE:YUM) dropped from Russell Top 200 Value Index

Upcoming dividend of US$0.50 per share

Yum! Brands, Inc. (NYSE:YUM) announces an Equity Buyback for $2,000 million worth of its shares.

First quarter 2021 earnings released: EPS US$1.08 (vs US$0.28 in 1Q 2020)

New 90-day high: €91.45

Yum! Brands, Inc. (NYSE:YUM) entered into a definitive agreement to acquire Business Unit of Kvantum, Inc.

Beyond Meat Announces Global Strategic Partnership with Yum! Brands to Offer Signature Plant-Based Menu Items

Full year 2020 earnings released: EPS US$2.99 (vs US$4.23 in FY 2019)

Revenue beats expectations

Full year 2020 earnings released: EPS US$2.99 (vs US$4.23 in FY 2019)

Revenue beats expectations

Yum! Brands, Inc. Announces the Promotion of Tracy Skeans to Chief Operating Officer

Yum! Brands, Inc.(NYSE:YUM) dropped from Russell 1000 Defensive Index

Chief Transformation & People Officer recently sold €425k worth of stock

YUM! Brands, Inc. Announces Board Changes

New 90-day high: €88.18

Third quarter 2020 earnings released: EPS US$0.93

Revenue beats expectations

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €82.59

Yum! Brands, Inc. Announces Board Changes

Yum! Brands, Inc.(NYSE:YUM) dropped from Russell 1000 Growth-Defensive Index

Yum! Brands, Inc.(NYSE:YUM) dropped from Russell 1000 Defensive Index

CEO Compensation Analysis

CEO