UNITED STATES |
SECURITIES AND EXCHANGE COMMISSION |
Washington, D. C. 20549 |
North Carolina | 13-3951308 | ||
(State or other jurisdiction of | (I.R.S. Employer | ||
incorporation or organization) | Identification No.) | ||
1441 Gardiner Lane, Louisville, Kentucky | 40213 | ||
(Address of principal executive offices) | (Zip Code) | ||
Registrant's telephone number, including area code: (502) 874-8300 | |||
Former name or former address, if changed since last report: N/A |
Section 5 - Corporate Governance and Management | |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On January 5, 2016 YUM! Brands, Inc. (“Yum” or the “Company”) announced that David C. Novak, 63, plans to retire as the Company’s Executive Chairman of the Board of Directors (the “Board”) effective at the Company’s May 20, 2016 Annual Meeting of Shareholders, and to step down from the Company’s Board at that time. The Board plans to appoint a Non-Executive Chairman from among its members and will announce that appointment at the Company’s annual shareholder meeting. Yum issued a press release on January 5, 2016 announcing Mr. Novak’s impending retirement. The full text of the release is attached as Exhibit 99.1 to this Current Report on Form 8-K. |
YUM! BRANDS, INC. | ||||
(Registrant) |
Date: | January 7, 2016 | /s/ John P. Daly | ||
Vice President and Associate General Counsel | ||||