YUM Yum! Brands Inc.

Kevin Hochman Promoted to President and Chief Concept Officer of KFC U.S.

Yum! Brands, Inc. (NYSE: YUM) today announced that it has promoted Kevin Hochman to President and Chief Concept Officer of KFC U.S., reporting to Roger Eaton, Chief Executive Officer of KFC Global, effective immediately. Hochman, 43, will assume responsibility for driving overall KFC brand strategy and performance of the business in the U.S. with a continued focus on customers, franchisees, innovation and operational efficiency.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170321005899/en/

Yum! Brands, Inc. (NYSE:YUM) today announced that it has promoted Kevin Hochman to President and Chi ...

Yum! Brands, Inc. (NYSE:YUM) today announced that it has promoted Kevin Hochman to President and Chief Concept Officer of KFC U.S., reporting to Roger Eaton, Chief Executive Officer of KFC Global, effective immediately. Hochman, 43, will assume responsibility for driving overall KFC brand strategy and performance of the business in the U.S. with a continued focus on customers, franchisees, innovation and operational efficiency. (Photo: Business Wire)

Kevin Hochman joined KFC U.S. as Chief Marketing Officer over three years ago. With Hochman’s leadership, KFC U.S. has grown same-store sales and transactions for ten consecutive quarters, bringing millions of customers back into the brand and fostering tighter collaboration with franchisees across the U.S. He previously worked in a number of brand management and marketing leadership roles at Procter & Gamble since 1995, including many of the company’s iconic brands in deodorant, shave and personal cleaning categories.

“Kevin Hochman is an exceptional brand builder and marketing innovation leader with an extremely strong track record of success,” said Greg Creed, Chief Executive Officer, Yum! Brands. “He has led KFC’s incredible brand re-launch and brought back the greatest chicken salesman in the world, Colonel Sanders, to pop culture. He’s the perfect person to continue to grow and elevate KFC U.S. into a distinctive, relevant brand that people trust and champion. Kevin’s promotion is evidence that the power of Yum! Brands is our unrivaled culture and talent which gives us the advantage of drawing from a strong bench of executives when bigger leadership opportunities like this one arise.” Hochman replaces Jason Marker, who has served as KFC U.S. President for the past three years and has made the personal decision to resign from the Company to pursue other opportunities.

“Kevin is a talented leader and brilliant marketer who cares deeply about the KFC U.S. business, his team and the success of our franchisees,” said Eaton. “He has played a key role in the Re-Colonelization effort – driving structural thinking, collaborative franchise relationships, great brand positioning and excellent advertising – which has contributed to the brand’s turnaround in the U.S. Kevin and his team are well positioned to ensure a seamless transition and focused on successfully executing KFC’s long-term growth strategy with our franchise partners in the U.S.”

Eaton added, “I want to thank Jason Marker for his strong leadership and the many contributions he has made to Yum! Brands and KFC U.S. over the years and wish him continued success. As we look ahead, I couldn’t be more excited about the strength, growth and future of the KFC brand in the U.S. for our customers, employees and franchisees.”

About KFC

KFC Corporation, based in Louisville, Ky., is the world's most popular chicken restaurant chain. KFC specializes in Original Recipe®, Extra Crispy™, Kentucky Grilled Chicken® and Extra Crispy™ Tenders, Hot Wings™, Go Cups, KFC Famous Bowls®, Pot Pies, freshly hand prepared chicken sandwiches, biscuits and homestyle side items. There are over 20,000 KFC outlets in more than 125 countries and territories around the world. KFC Corporation is a subsidiary of Yum! Brands, Inc., Louisville, Ky. (NYSE: YUM). For more information, visit www.kfc.com. Follow KFC on Facebook (www.facebook.com/kfc), Twitter (www.twitter.com/kfc) and Instagram (www.instagram.com/KFC).

About Yum! Brands

Yum! Brands, Inc., based in Louisville, Kentucky, has over 43,500 restaurants in more than 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.

EN
21/03/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Yum! Brands Inc.

Yum Brands Inc: 3 directors

Three Directors at Yum Brands Inc sold after exercising options/sold 23,192 shares at between 158.355USD and 160.000USD. The significance rating of the trade was 93/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all ...

Yum! Brands, Inc.: Update to credit analysis

Our credit view of Yum balances scale, brand diversity and moderate leverage with its reliance on securitizations to support cash flow and risk related to its ongoing IRS tax appeal.

 PRESS RELEASE

Yum! Brands Reports Fourth-Quarter and Full-Year Results

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today reported results for the fourth quarter and year ended December 31, 2024. Fourth-quarter GAAP EPS was $1.49 and EPS excluding Special Items was $1.61. Full-year GAAP EPS was $5.22 and EPS excluding Special Items was $5.48, an increase of 6%. This press release features multimedia. View the full release here: DAVID GIBBS & CHRIS TURNER COMMENTS David Gibbs, CEO, said “2024 was marked with exceptional core operating profit growth given the complex consumer environment. 2024 again demonstrates the resilience of our busines...

 PRESS RELEASE

Yum! Brands, Inc. Announces 6% Increase in Quarterly Dividend to $0.71...

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) Board of Directors approved a 6% increase in the company’s quarterly dividend. The quarterly cash dividend will increase from $0.67 to $0.71 per share of common stock and be distributed March 7, 2025 to shareholders of record at the close of business on February 21, 2025. Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 61,000 restaurants in more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. The Co...

 PRESS RELEASE

Yum! Brands Announces Q4 2024 Earnings and Conference Call Details

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) will release its fourth quarter financial results on Thursday, February 6, 2025 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and +1/929-526-1599 for all other international callers, conference ID 951337. The event will be webcast live and can be accessed through the Yum! Brands website at . The Q&A session of this conference call is limited to analysts only. Members of the media m...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch