Yum brands logo
Dado Ruvic | Reuters
Yum! Marks Tuesday, Chris Turner, financial director and franchise, Chris Turner, in force, in force on October 1.
He will replace David Gibbs, who announced his retirement earlier this year. Gibbs has managed Yum since 2020 and will remain as an advisor until 2026.
Turner joined Fast Food Company in 2019. Before that, he held senior positions at Pepsico And spent more than a decade in McKinsey.
“I am deeply honored to participate in the role of CEO at Yum! Brands and incredibly grateful for the opportunity to lead this global business with such emblematic brands,” Turner said in a statement. “I am delighted to build on everything we have accomplished together alongside our talented teams and in partnership with our franchisees around the world.”
Under Gibbs, Yum has expanded the numerical control and the extensive value menus. Turner is expected to continue this strategy as consumer expenses change.
Yum operates KFC, Taco Bell, Pizza Hut and Habit Burger in more than 150 countries.
The company’s shares have increased by around 5% so far this year.