Yum! Brands CEO David Gibbs to Retire in 2026

By Tamara Parker • Monday, March 31 09:59 • Permanent Link

Yum! Brands, Inc. (NYSE: YUM) has announced the retirement of David Gibbs, the Chief Executive Officer, in the next year, with his retirement expected in the first quarter of 2026. During his tenure, digital sales surpassed $30 billion in 2024, with over 50% of sales through digital channels. The pace of annual net new unit development tripled, leading to more than 61,000 restaurant units worldwide. Yum! Brands operates a system of over 61,000 restaurants in more than 155 countries and territories under its concepts – KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill. In 2024, the company was named to the Dow Jones Sustainability Index North America, Newsweek’s list of America’s Most Responsible Companies, USA Today’s America’s Climate Leaders, and 3BL’s list of 100 Best Corporate Citizens. In 2025, the Company was recognized among TIME magazine’s list of Best Companies for Future Leaders. As a result of these announcements, the company's shares have moved -0.3% on the market, and are now trading at a price of $155.37. For the full picture, make sure to review Yum! Brands's 8-K report.

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