Yum! brands announces leadership transition plans; david gibbs to retire in 2026

Louisville, ky.--(business wire)--yum! brands, inc. (nyse: yum) today announced that david gibbs, chief executive officer, has informed the board of directors of his intention to retire from the company in the next year. the board has established a succession planning committee and will work deliberately to identify and appoint the best candidate to lead the company's next chapter. gibbs will continue leading the company throughout the search process until his retirement, expected in the first.
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