From CNBC: 2025-06-17 08:39:00

Yum! Brands appoints Chris Turner as next CEO, replacing David Gibbs who announced his retirement. Turner, previously Chief Financial and Franchise Officer, joined Yum in 2019 and held roles at PepsiCo and McKinsey. Gibbs will stay on as advisor through 2026. Turner looks forward to leading the global company with iconic brands.

Under David Gibbs, Yum expanded digital ordering and value menus. Chris Turner is expected to continue this strategy as consumer spending shifts. Yum operates KFC, Taco Bell, Pizza Hut, and Habit Burger in over 150 countries. Company shares are up 5% this year, reflecting confidence in new leadership.



Read more at CNBC: Yum! Brands names CFO Chris Turner as its next CEO