Yum! Brands Inc. Appoints Greg Creed and Elane B. Stock to Board

November 21, 2014 // Franchising.com // LOUISVILLE, KY - Yum! Brands, Inc. (NYSE: YUM) announced that Greg Creed, 57, who will become Chief Executive Officer of the Company on January, 1, 2015, was formally appointed as a Director of the Board. Additionally, the Company appointed Elane B. Stock, 50, to its Board of Directors. Stock is the Group President of Kimberly-Clark International, comprising its operations in Asia-Pacific, Latin America, Middle East, Europe and Africa. The appointments are effective immediately.

"I'm very pleased the Board today appointed Greg Creed as a Director of our Company, furthering our seamless leadership transition," said David Novak, Chairman and CEO, Yum! Brands. "Greg walks the talk of our culture, is a visionary business leader and will make an outstanding Director and CEO of YUM Brands."

Creed currently serves as Chief Executive Officer of Taco Bell and is a 20-year veteran with the Company. As previously reported, he will become CEO on January 1, 2015, at which time Novak becomes Executive Chairman of the Board.

"Elane Stock also will make an outstanding addition to the Yum! Brands Board of Directors. Elane leads a global business portfolio for one of the world's leading consumer products companies, with a successful career in packaged goods and strategic consulting. As we continue to build dynamic, vibrant brands through superior marketing, breakthrough innovation and compelling value, Elane's specific expertise will complement our efforts to distinguish our brands around the world," said Novak.

Prior to joining Kimberly Clark as Chief Strategy Officer, and later as President, Kimberly-Clark Professional, Stock previously served in management positions at Georgia Pacific, McKinsey & Company and the American Cancer Society.

About Yum! Brands, Inc.

Yum! Brands, Inc., based in Louisville, Kentucky, has over 40,000 restaurants in more than 125 countries and territories. Yum! is ranked #216 on the Fortune 500 List with revenues of over $13 billion. In 2014 Yum! was named among the top 100 Corporate Citizens by Corporate Responsibility Magazine and one of the Aon Hewitt Top Companies for Leaders in North America. The Company's restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opens over five new restaurants per day on average, making it a leader in international retail development.

SOURCE Yum! Brands, Inc.

 

###

Social Reach:

Viewer Response:

comments powered by Disqus

Yum! Brands »

Yum! Brands is the worldwide leader in multibranding, which offers consumers more choice and convenience at one restaurant location from a combination of KFC, Taco Bell, Pizza Hut, A&W or Long John Silver's brands.

Browse:

  1. Business Overview
  2. Franchise News

Franchise News Room »


News By Industry »


Featured Opportunities

Scooter's Coffee
The success of the Scooter's Coffee franchise is based upon a commitment to quality products, fast and accurate service, and always delivering...
El Pollo Loco
The secret to El Pollo Loco is great-tasting food. Our menu has a broad and deep consumer acceptance across a wide span of demographic and...
Midas
Midas, a recognized brand throughout the world and highly renowned name in complete car care, is proud to be one of North America's original...
Kitchen Solvers
As a Kitchen Solvers franchisee you will not need any prior remodeling or installation experience.
Club Pilates
Are you looking for an opportunity to explore other paths in your life? Are you trying to change things up or find something that offers you more...
A Franchise Update Media Group Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved. Site Hosting Provided By: wishVPS on FUMG3

In Loving Memory Of Timothy Gardner (1987-2014)