Yum! Brands Management

Management criteria checks 2/4

Yum! Brands' CEO is David Gibbs, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $21.24M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth MX$581.33M. The average tenure of the management team and the board of directors is 3.2 years and 7.2 years respectively.

Key information

David Gibbs

Chief executive officer

US$21.2m

Total compensation

CEO salary percentage	6.1%
CEO tenure	4.8yrs
CEO ownership	0.08%
Management average tenure	3.2yrs
Board average tenure	7.2yrs

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
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
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 ($USD21.24M) is above average for companies of similar size in the MX market ($USD5.73M).

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

CEO

David Gibbs (61 yo)

4.8yrs

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	4.8yrs	US$21.24m	0.078% MX$ 581.3m
Christopher Turner	Chief Financial Officer	5.3yrs	US$5.74m	0.016% MX$ 118.8m
Tracy Skeans	COO & Chief People Officer	8.8yrs	US$6.10m	0.0045% MX$ 33.3m
Aaron Powell	Chief Executive Officer of Pizza Hut Division	3.2yrs	US$5.21m	0.0063% MX$ 46.4m
Sabir Sami	Chief Executive Officer of KFC Division	2.8yrs	US$5.37m	0.000020% MX$ 148.5k
Joe Park	Chief Digital & Technology Officer	less than a year	no data	no data
Matthew Morris	Head of Investor Relations	no data	no data	no data
Erika Burkhardt	Chief Legal Officer & Corporate Secretary	less than a year	no data	0.000020% MX$ 148.5k
Ken Muench	Chief Marketing Officer	2.8yrs	no data	no data
James Fripp	Chief Equity	4.2yrs	no data	no data
Nivera Wallani	Global Chief Development Officer-KFC	no data	no data	no data
Tarun Lal	President of KFC U.S.	no data	no data	no data

3.2yrs

Average Tenure

52yo

Average Age

Experienced Management: YUM *'s management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Gibbs	CEO & Director	5.8yrs	US$21.24m	0.078% MX$ 581.3m
Thomas Nelson	Independent Director	18.8yrs	US$280.00k	0.0076% MX$ 56.5m
Paget Alves	Independent Director	8yrs	US$315.00k	no data
Christopher Connor	Independent Director	7.5yrs	US$300.00k	no data
Mirian Graddick-Weir	Independent Director	12.8yrs	US$300.00k	0.00044% MX$ 3.3m
Brian Cornell	Independent Non-Executive Chairman	9.2yrs	US$452.13k	0.00016% MX$ 1.2m
P. Skala	Independent Director	8.8yrs	US$280.00k	0.0057% MX$ 42.4m
Tanya Domier	Independent Director	6.8yrs	US$280.00k	0.0018% MX$ 13.2m
Keith Barr	Independent Director	4.8yrs	US$290.00k	no data
Annie Young-Scrivner	Independent Director	4.8yrs	US$280.00k	0.0023% MX$ 16.8m
Susan Doniz	Independent Director	1.3yrs	US$71.67k	no data
M. Biggs	Independent Director	1.3yrs	US$71.67k	no data

7.2yrs

Average Tenure

61.5yo

Average Age

Experienced Board: YUM *'s board of directors are considered experienced (7.2 years average tenure).

Yum! Brands Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Executive Officer of KFC Division recently sold Mex$24m worth of stock

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 Mex$21m worth of stock

Yum! Brands, Inc. Announces Board Appointments

High number of new directors

Recent updates

Third quarter 2024 earnings released: EPS: US$1.36 (vs US$1.48 in 3Q 2023)

Now 22% overvalued

Second quarter dividend of US$0.67 announced

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on September 6, 2024

Chief Executive Officer of KFC Division recently sold Mex$24m worth of stock

Second quarter 2024 earnings released: EPS: US$1.30 (vs US$1.49 in 2Q 2023)

New minor risk - Dividend sustainability

Now 21% overvalued after recent price rise

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

Yum! Brands, Inc. Declares Quarterly Dividend, Payable on June 7, 2024

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

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

Fourth 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

Upcoming dividend of US$0.60 per share at 1.9% yield

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

Third quarter 2023 earnings released: EPS: US$1.48 (vs US$1.16 in 3Q 2022)

Insider recently sold Mex$21m worth of stock

Yum! Brands, Inc. Announces Board Appointments

High number of new directors

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

Insufficient new directors

Insufficient new directors

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

Insufficient new directors

Insufficient new directors

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

Insufficient new directors

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

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

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

High number of new directors

High number of new directors

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

High number of new directors

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

High number of new directors

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

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

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

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

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

YUM! Brands, Inc. Announces Board Changes

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.93

Third-quarter earnings released: Revenue beats expectations