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Fast food giant Yum! Brands (YUM) will have a new CEO later this year, when CFO Chris Turner will take over the top job from the retiring David Gibbs.
Yum! Brands named Chief Financial and Franchise Officer Chris Turner as its next CEO, effective October 1. He will replace David Gibbs, who announced his retirement earlier this year.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced that its Board of Directors has unanimously elected Chris Turner, 50, as Chief Executive Officer, effective October 1, 2025. Turner, who currently serves as Chief Financial & Franchise Officer for Yum! Brands, will succeed current Chief Executive Officer David Gibbs, who, in March 2025, informed the Board of Directors of his intention to retire in the next year after 37 years with the Company and a successful te.
Taco Bell and KFC International remain Yum! Brands, Inc.'s primary growth engines, with strong same-store sales and international expansion driving operating profit. Despite new scalable concepts like Live Más Café and Saucy by KFC showing promise, Pizza Hut continues to underperform and drag on overall results. Valuation remains stretched, with the stock trading at a premium P/E and EV/EBIT multiple, offering little upside from current levels.
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The IRS has assessed $4 billion in taxes, penalties, and interest on Yum! Brands. The issue stems from a tax-deferred reorganization in 2014.
Plus – New Mountain Dew® Sweet Lightning® Peaches & Cream "Dirty" Soda Speeds into Summer LOUISVILLE, Ky. , June 5, 2025 /PRNewswire/ -- KFC® is kicking off summer with a full-throttle menu, bringing back its iconic meal deal, Fill Ups, in partnership with F1® THE MOVIE—making KFC drive-thrus the most desired pit stop of summer.
Goldman Sachs has upgraded its rating for Yum! Brands (YUM), the global fast-food giant behind iconic names like KFC, Taco Bell, and Pizza Hut, from “Neutral” to “Buy.
Yum (YUM) reported earnings 30 days ago. What's next for the stock?