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.

 

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

The Juicy Crab
There is a difference in doing business with The Juicy Crab. We are passionate about providing a unique dining experience in the food industry.
ZIPS Dry Cleaners
ZIPS, since 1996, began as eight dry cleaners in the Baltimore-Washington, D.C., metro area and has grown to more than 40 stores. Find out more.
Scissors and Scotch
Scissors & Scotch provides a badass grooming experience for men, and a kickass investment opportunity for you. We’re looking to expand...
RetroFitness
Retro Fitness is well positioned for today's economy and to dominate the low cost segment by offering a high quality and value add product in...
Shakeaway
ShakeAway is a unique global company with stores popping up all over the world! Get involved in this fun, fast growing and profitable franchise now...
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.