YUM! Promotes David Gibbs to President and Chief Operating Officer

David Gibbs will now be the new YUM! Brands, Inc. Chief Operating Officer, reporting to Chief Executive Officer, Greg Creed. Gibbs has been with YUM! for 29 years and has served as president and Chief Financial Officer for the last two years. Gibbs’ new position will see him operate the leadership of global KFC Division as well as the US and international businesses of Pizza Hut and Taco Bell. For the time being, Gibbs will continue in his role as CFO until the company finds a successor.

CEO Greg Creed said, “I’m happy to announce our promotion of David Gibbs to president and Chief Operating Officer. David is an extraordinarily talented commercial leader with a strong track record of results and deep experience in all three of YUM’s global brands.”

Gibbs added, “I’m grateful for the opportunity to lead YUM! Brands in an expanded capacity, and look forward to partnering with Greg, our global leadership team, and our franchisees.”