Yum China Holdings Management

Management criteria checks 1/4

Yum China Holdings' CEO is Joey Wat, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is $20.34M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth MX$526.77M. The average tenure of the management team and the board of directors is 0.8 years and 7.3 years respectively.

Key information

Joey Wat

Chief executive officer

US$20.3m

Total compensation

CEO salary percentage	7.0%
CEO tenure	6.7yrs
CEO ownership	0.1%
Management average tenure	less than a year
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joey Wat's remuneration changed compared to Yum China Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$893m
Jun 30 2024	n/a	n/a	US$840m
Mar 31 2024	n/a	n/a	US$825m
Dec 31 2023	US$20m	US$1m	US$827m
Sep 30 2023	n/a	n/a	US$783m
Jun 30 2023	n/a	n/a	US$745m
Mar 31 2023	n/a	n/a	US$631m
Dec 31 2022	US$16m	US$1m	US$442m
Sep 30 2022	n/a	n/a	US$864m
Jun 30 2022	n/a	n/a	US$762m
Mar 31 2022	n/a	n/a	US$860m
Dec 31 2021	US$17m	US$1m	US$990m
Sep 30 2021	n/a	n/a	US$666m
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$952m
Dec 31 2020	US$21m	US$1m	US$784m
Sep 30 2020	n/a	n/a	US$723m
Jun 30 2020	n/a	n/a	US$507m
Mar 31 2020	n/a	n/a	US$553m
Dec 31 2019	US$12m	US$1m	US$713m
Sep 30 2019	n/a	n/a	US$697m
Jun 30 2019	n/a	n/a	US$677m
Mar 31 2019	n/a	n/a	US$642m
Dec 31 2018	US$10m	US$1m	US$708m
Sep 30 2018	n/a	n/a	US$527m
Jun 30 2018	n/a	n/a	US$500m
Mar 31 2018	n/a	n/a	US$482m
Dec 31 2017	US$8m	US$740k	US$398m

Compensation vs Market: Joey's total compensation ($USD20.34M) is above average for companies of similar size in the MX market ($USD5.71M).

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

CEO

Joey Wat (53 yo)

6.7yrs

Tenure

US$20,335,792

Compensation

Ms. Joey Wat has been the Chief Executive Officer of Yum China Holdings, Inc. since March 1, 2018 and served as its President and Chief Operating Officer since February 7, 2017 until February 2018. Ms. Wat...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joey Wat	CEO & Executive Director	6.7yrs	US$20.34m	0.14% MX$ 526.8m
Ka Wai Yeung	Senior Advisor	less than a year	US$4.82m	0.021% MX$ 75.3m
Adrian Ding	Acting Chief Financial Officer	less than a year	no data	no data
Xueling Lu	Controller & Principal Accounting Officer	6.8yrs	no data	0.0058% MX$ 21.4m
Leila Zhang	Chief Technology Officer	6.7yrs	no data	0.013% MX$ 47.5m
Pingping Liu	Chief Legal Officer	less than a year	no data	0.0032% MX$ 11.9m
Jerry Ding	Chief People Officer	less than a year	no data	0.00039% MX$ 1.4m
Duoduo Huang	Chief Supply Chain Officer	3yrs	no data	0.0029% MX$ 10.7m
Chen Maggie	Chief Customer Officer	less than a year	no data	no data
Hui Huang	Joint Company Secretary	less than a year	no data	no data
Ling Zhang	Joint Company Secretary	less than a year	no data	no data
Michelle Shen	Director of Investor Relations	no data	no data	no data

0.8yrs

Average Tenure

51yo

Average Age

Experienced Management: YUMC *'s management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Joey Wat	CEO & Executive Director	7.3yrs	US$20.34m	0.14% MX$ 526.8m
Peter A. Bassi	Independent Non-Executive Director	8.1yrs	US$385.00k	0.015% MX$ 53.8m
Edouard Ettedgui	Independent Non-Executive Director	8.1yrs	US$348.00k	0.013% MX$ 49.4m
Rong Lu	Independent Non-Executive Director	8.1yrs	US$350.00k	0.015% MX$ 56.2m
Robert Aiken	Director	less than a year	no data	0.0032% MX$ 11.6m
Zuliu Hu	Independent Non-Executive Chairman	8yrs	US$560.00k	0.018% MX$ 67.0m
Mikel Durham	Independent Director	less than a year	no data	0.0012% MX$ 4.3m
Zili Shao	Independent Non-Executive Director	8.1yrs	US$352.50k	0.013% MX$ 45.8m
Min Zhang	Independent Non-Executive Director	3.5yrs	US$355.00k	0.0030% MX$ 11.0m
Yang Wang	Independent Non-Executive Director	7.3yrs	US$327.50k	0.013% MX$ 47.9m
David L. Hoffmann	Independent Director	1.3yrs	US$304.79k	0.0039% MX$ 14.3m
Xiaojing Zhu	Independent Director	1.5yrs	US$315.00k	0.0027% MX$ 9.8m

7.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: YUMC *'s board of directors are considered experienced (7.3 years average tenure).

Yum China Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

Chief People Officer recently sold Mex$1.0m worth of stock

Yum China Holdings, Inc. Announces Change of Composition of Board Committees

Insider recently bought Mex$2.4m worth of stock

Yum China Holdings, Inc. Announces CFO Changes

Yum China Holdings, Inc. Approves the Appointment of Robert B. Aiken as Director

Yum China Holdings, Inc., Annual General Meeting, May 23, 2024

Recent updates

Chief People Officer recently sold Mex$1.0m worth of stock

Third quarter dividend of US$0.16 announced

Third quarter dividend of US$0.16 announced

Third quarter 2024 earnings released: EPS: US$0.77 (vs US$0.59 in 3Q 2023)

Yum China Holdings, Inc. Declares Cash Dividend on its Common Stock, Payable on December 17, 2024

Yum China Holdings, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Investor sentiment improves as stock rises 27%

Yum China Holdings, Inc. Announces Change of Composition of Board Committees

Insider recently bought Mex$2.4m worth of stock

Second quarter dividend of US$0.16 announced

Yum China Holdings, Inc. Announces CFO Changes

Yum China Holdings, Inc. to Report Q2, 2024 Results on Aug 05, 2024

Yum China Holdings, Inc. Approves the Appointment of Robert B. Aiken as Director

First quarter 2024 earnings released: EPS: US$0.72 (vs US$0.69 in 1Q 2023)

Yum China Holdings, Inc. Declares Cash Dividend, Payable on June 18, 2024

Investor sentiment deteriorates as stock falls 15%

Yum China Holdings, Inc., Annual General Meeting, May 23, 2024

Yum China Holdings, Inc. to Report Q1, 2024 Results on Apr 29, 2024

Full year 2023 earnings released: EPS: US$1.99 (vs US$1.05 in FY 2022)

Fourth quarter dividend of US$0.16 announced

Yum China Holdings, Inc. Declares Cash Dividend, Payable on March 26, 2024

Yum China Holdings, Inc. Announces Executive Changes

Yum China Holdings, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Yum China Holdings, Inc. Declares Cash Dividend, Payable on December 19, 2023

Yum China Holdings, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Yum China Holdings, Inc. Declares Quarterly Dividend for the Second Quarter Ended June 30, 2023, Payable on September 18, 2023

Yum China Holdings, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Yum China Holdings, Inc. Announces Executive Appointments

Upcoming dividend of US$0.13 per share at 0.9% yield

Insufficient new directors

Yum China Holdings, Inc. Declares Quarterly Dividend for the Period Ended 31 March 2023, Payable on 20 June 2023

Full year 2022 earnings released: EPS: US$1.05 (vs US$2.35 in FY 2021)

Yum China Holdings, Inc. Declares Cash Dividend Payable on March 28, 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

Yum China Holdings, Inc. to Report Q4, 2022 Results on Feb 07, 2023

Upcoming dividend of US$0.12 per share

Insufficient new directors

Yum China Holdings, Inc. Declares Cash Dividend, Payable on December 20, 2022

Yum China Holdings, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Yum China Holdings, Inc.(NYSE:YUMC) dropped from FTSE All-World Index (USD)

Insufficient new directors

Investor sentiment improved over the past week

Insufficient new directors

Yum China Holdings, Inc. Announces Dividend for the Quarter Ended June 30, 2022, Payable on September 15, 2022

Yum China Holdings, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Investor sentiment improved over the past week

Insufficient new directors

Yum China Holdings, Inc. Announces Executive Appointments

Upcoming dividend of US$0.12 per share

First quarter 2022 earnings released: EPS: US$0.23 (vs US$0.55 in 1Q 2021)

Yum China Holdings, Inc. Declares Cash Dividend Payable on June 21, 2022

Yum China Announces Executive Changes

Investor sentiment deteriorated over the past week

Yum China Holdings, Inc. Declares Cash Dividend Payable on March 29, 2022

Yum China Caters to Local Tastes with Regional Menu Items

Upcoming dividend of US$0.12 per share

Third quarter 2021 earnings released: EPS US$0.25 (vs US$1.13 in 3Q 2020)

Upcoming dividend of US$0.12 per share

Yum China Holdings, Inc. Declares Dividend, Payable on June 18, 2021

Yum China Holdings, Inc. to Report Q1, 2021 Results on Apr 27, 2021

Yum China Holdings, Inc., Annual General Meeting, Mar 29, 2021

Full year 2020 earnings released: EPS US$2.01 (vs US$1.89 in FY 2019)

Revenue beats expectations

Upcoming Dividend of US$0.12 Per Share

Full year 2020 earnings released: EPS US$2.01 (vs US$1.89 in FY 2019)

Revenue beats expectations

Yum China Holdings, Inc.(NYSE:YUMC) dropped from S&P 500 Consumer Discretionary (Sector)