Today, Yum! Brands announced that its Board of Directors has unanimously elected Chris Turner as the new CEO, effective October 1. Turner will succeed current CEO David Gibbs, who will retire after 37 years with the company.
Turner has been Yum! Brands’ Chief Financial Officer since 2019, and in 2024, he took on the additional role of Chief Franchise Officer.
Accepting his position, Turner told investors, “I’m deeply honored to step into the role of CEO at Yum! Brands and incredibly grateful for the opportunity to lead this global company with such iconic brands… I’m excited to build on all that we’ve accomplished together alongside our talented teams and in partnership with our franchisees around the world, as we innovate, grow our brands and continue delivering exceptional experiences for our consumers.”
Departing CEO Gibbs stated, “I’m incredibly proud of what we’ve accomplished together and am confident that the best is yet to come. During my time partnering with Chris, he’s demonstrated deep knowledge of our business, strong values, and a clear commitment to our growth. I can’t think of a better person to guide Yum! into its next chapter, and I look forward to supporting a smooth and successful transition.”
Yum! Brands currently operates 61,000 KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill restaurants across more than 155 countries.
By CEO NA Editorial Staff