Pizza Hut to Close 500 Stores Over Next 24 Months

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…

Yum! Brands Names President and Chief Operating Officer

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…

Yum! Brands Appoints Non-Executive Chairman

Louisville, Ky. — Brian C. Cornell, chairman and CEO of Target Corporation, has been appointed by the Yum! Brands board to serve as non-executive chairman of the board. Cornell has served on the Yum! Brands board since 2015. He will…