david gibbs

Yum! Promotes Sean Tresvant to Taco Bell Division CEO

by Katie Lee July 5, 2023

Louisville, Ky. — Yum! Brands, Inc. has promoted Sean Tresvant to Taco Bell division chief executive officer, reporting to Yum! Brands CEO David Gibbs, effective January 1, 2024. Tresvant, who currently serves as global chief brand and strategy officer of Taco Bell, will succeed Mark King, who plans to retire at the end of 2023. As CEO, Tresvant will assume global responsibility for driving Taco Bell’s growth strategies, franchise operations and overall performance. “Sean is a visionary business leader and best-in-class brand builder who is driving transformative R.E.D. (relevant, easy, …

July 5, 2023

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Yum! Brands Highlights Progress on Climate and Sustainable Packaging

by Katie Lee July 28, 2022

Louisville, Ky. — Yum! Brands, Inc. has released its annual Global Citizenship & Sustainability Report, highlighting the company’s strategic investments in socially responsible growth, risk management and stewardship of its people, food and impact on the planet. This includes addressing climate change, advancements in sustainable packaging and creating equity in the communities it serves. “We delivered strong business results in 2021, demonstrating that focus on environmental, social and governance (ESG) issues is not incidental to growth, but an enabler of it,” says David Gibbs, CEO of Yum! Brands. “We continue …

July 28, 2022

News people restaurants

David Graves Promoted to Pizza Hut U.S. President, Effective January 1, 2022

by Katie Lee October 7, 2021

Plano, Texas — Pizza Hut has promoted David Graves to president of Pizza Hut U.S., reporting to Pizza Hut division CEO Aaron Powell, effective January 1, 2022. Graves currently serves as general manager of Pizza Hut U.S. and will succeed the interim president of Pizza Hut U.S., Kevin Hochman. “David has a well-deserved reputation for delivering results, repeatedly demonstrating his expertise in identifying solutions to business challenges that not only enhance the experience for customers, but also benefit restaurant economics, and I couldn’t be more pleased by his promotion,” says …

October 7, 2021

News restaurants

Yum! Brands Implements Next Phase of COVID-19 Response

by Katie Lee March 25, 2020

Louisville, Ky. — Yum! Brands, Inc. has provided an update on the next phase of its response to the COVID-19 pandemic. “Working together, we can limit the spread of COVID-19 while offering convenient, affordable food in a low contact environment,” says David Gibbs, CEO of Yum! Brands. “But our employees — like millions of others — are worried and our franchisees are under stress. We need to support them so they can be there for our customers. As the situation changes rapidly, KFC, Pizza Hut, Taco Bell and The Habit …

March 25, 2020

franchise development News restaurants

Yum! Brands Completes Acquisition of The Habit Restaurants, Inc.

by Katie Lee March 19, 2020

Louisville, Ky. — Yum! Brands, Inc. has acquired The Habit Restaurants, Inc., following the approval by The Habit Burger Grill stockholders. The transaction marks the addition of the first fast-casual concept to Yum! Brands’ portfolio of iconic global restaurant brands. The acquisition of The Habit Burger Grill adds an award-winning fast-casual concept with a loyal fan-base to Yum! Brands, the world’s largest restaurant company in terms of units and parent of KFC, Pizza Hut and Taco Bell. Founded in California in 1969, The Habit Burger Grill offers a flavor-forward variety …

March 19, 2020

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Yum! Brands Makes 2 Key Technology Appointments

by Katie Lee September 20, 2019

Louisville, Ky. — Yum! Brands, Inc. has hired Clay Johnson as the company’s chief digital and technology officer, and has promoted Gavin Felder to chief strategy officer. These newly created positions will partner with the global brand divisions to elevate the customer experience and accelerate global growth. Both Johnson and Felder will report to Yum! CFO Chris Turner. Johnson will join the Yum! Brands Global Leadership Team and oversee the company’s global technology strategy, partnering with the KFC, Pizza Hut and Taco Bell divisions to ensure the company provides a …

September 20, 2019

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Yum! Brands Names New Chief Executive Officer

by Katie Lee August 14, 2019

Louisville, Ky. — Yum! Brands, Inc.’s board of directors has unanimously elected David Gibbs as chief executive officer, effective January 1, 2020, and appointed him to the company’s board, effective November 1, 2019. Gibbs, who currently serves as Yum! Brands’ president and chief operating officer and oversees the global KFC, Pizza Hut and Taco Bell divisions, will succeed Greg Creed, who has decided to retire at the end of 2019 after a successful 25-year career with the company. “I’ve had the privilege of partnering with our franchisees to grow the …

August 14, 2019

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Pizza Hut to Close 500 Stores Over Next 24 Months

by Katie Lee August 13, 2019

Louisville, Ky. — Pizza Hut will close as many as 500 dine-in stores over the next 24 months as part of a broader strategy to bolster its delivery and carryout services, company executives said during the second-quarter earnings call. Food Business News first reported the announcement. Pizza Hut, which is owned by Louisville, Ky.-based YUM! Brands, operates about 7,500 locations across the United States and 18,000 worldwide. In the United States, roughly 6,100 of the company’s locations are dine-in restaurants. The remaining locations are express units, which feature limited menus …

August 13, 2019

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Yum! Brands Appoints CEOs of Taco Bell and Pizza Hut Divisions

by Katie Lee July 26, 2019

Louisville, Ky. — Yum! Brands, Inc. has appointed Taco Bell division and Pizza Hut division chief executive officers, who each will assume global responsibility for driving their respective brand’s growth strategies, franchise operations and performance. Now, each of the company’s three global brand divisions will be led by a CEO. Mark King, former president of adidas Group North America, will join the company as Taco Bell division CEO, reporting to David Gibbs, president, COO and CFO, Yum! Brands. King brings extensive retail experience and an excellent track record driving growth, …

July 26, 2019

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Yum! Brands Names President and Chief Operating Officer

by Katie Lee January 30, 2019

Louisville, Ky. — Yum! Brands, Inc. has promoted David Gibbs to president and chief operating officer, reporting to CEO Greg Creed. Gibbs, a 29-year veteran of the company, has served as president and chief financial officer for the last 2 years.

January 30, 2019