Yum! Brands (YUM), the parent company of KFC, has announced
Chris Turner, the current CFO, as the next CEO, effective October 1, 2025. The decision continues the trend of promoting from within, following the CFO-to-CEO pathway. This development is part of the brand's
transition plans, with the current CEO, David Gibbs, planning to retire in 2026. In other news,
Yum! Brands is exploring relocation for some employees and designation of headquarters to sites in Texas and California. The brand is also tapping into AI technology and collaboration with NVIDIA to expedite efficiency and innovation in its restaurants. Yum's focus on technology is evident in its unveiling of 'Byte by Yum!™,' an AI-driven platform designed to improve customer experiences worldwide. Furthermore, despite recent revenue reports indicating mixed brand performance and Pizza Hut's same-store sales fall,
Yum! Brands remains optimistic about its growth potential, attributing success to strong institutional backing and robust Taco Bell sales.
Yum! Brands YUM News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 21 Jun 2025 05:47:54 GMT -
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