Yum! Brands, Inc. has appointed Chris Turner as a Director of the Board, effective October 1, 2025, as he prepares to take on the role of Chief Executive Officer. Turner, who currently serves as Yum! Brands' Chief Financial Officer and Chief Franchise Officer, will succeed David Gibbs, who has been the CEO since 2019 and will retire after 36 years with the company. Gibbs will no longer be a Director of the Board as of October 1, 2025 but will remain as an executive advisor to the company through 2026.
Yum! Brands, Inc. and its subsidiaries oversee a vast system of over 61,000 restaurants across more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill. In 2024, Yum! Brands was recognized for its sustainability efforts and responsible corporate citizenship. 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, Yum! Brands was also acknowledged among TIME magazine’s list of Best Companies for Future Leaders.
Moreover, the company's brands * KFC, Taco Bell, and Pizza Hut * achieved significant recognition in the franchising industry. They led Entrepreneur's Top Global Franchises 2024 list and were ranked in the first 25 of Entrepreneur’s 2025 Franchise 500, with Taco Bell securing the No. 1 spot in North America for the fifth consecutive year.
As Yum! Brands prepares for a leadership transition, it remains a dominant force in the global restaurant industry, with a strong focus on sustainability and responsible corporate practices. The market has reacted to these announcements by moving the company's shares -0.6% to a price of $144.455. For the full picture, make sure to review YUM BRANDS INC's 8-K report.
