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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Operating Officer and Chief People & Culture Officer Transition and Retirement On June 2, 2026, YUM! Brands, Inc. (the “Company”) announced that Tracy Skeans will transition from her roles as Chief Operating Officer and Chief People & Culture Officer effective on November 1, 2026 (the “Transition Date”). Ms. Skeans will remain employed as a S…
Results of Operations and Financial Condition On April 29, 2026, YUM! Brands, Inc. ( “ YUM ” ) issued a press release announcing financial results for the quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On March 26, 2026, the Board of Directors of Yum! Brands, Inc. (the “Company”) appointed Kathleen K. Oberg as a director. Her appointment is effective April 1, 2026, and she will stand for election to the Board by shareholders at the Company’s next Annual Meeting. As of the date of this filing, Ms. Oberg has not been appointed to a committee of…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 10, 2026, Keith Barr, a member of the Board of Directors (the “Board”) of Yum! Brands Inc. ("YUM" or the "Company") informed the Company that he will resign from the Board effective as of that date. Mr. Barr’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies, or pract…
Results of Operations and Financial Condition On February 4, 2026, Yum! Brands, Inc. issued a press release announcing financial results for the quarter and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Results of Operations and Financial Condition On November 4, 2025, YUM! Brands, Inc. ( “ YUM ” ) issued a press release announcing financial results for the quarter ended September 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Entry into a Material Definitive Agreement. General On September 24, 2025 (the “Closing Date”), Taco Bell Funding, LLC (the “Issuer”), a special purpose Delaware limited liability company and a direct, wholly-owned subsidiary of Taco Bell Corp. (“TBC”), completed its previously announced refinancing transaction and issued $1,000 million of its Series 2025-1 4.821% Fixed Rate Senior Secured Notes, Class A-2-I (the “Series 2025-1 Class A-2-I Notes”) and $500 million of its Series 2025-1 5.049%…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 8, 2025, Yum Brands, Inc. (the “Company”) appointed Ranjith Roy as Chief Financial Officer, effective October 1, 2025. In this capacity, Mr. Roy will serve as the Company’s principal financial officer and will assume global responsibility for the Company’s finance operations. Mr. Roy, 45, has been the Company’s Chief Strategy Officer &…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On August 22, 2025, David Gibbs submitted his resignation as a director of Yum! Brands, Inc. ("YUM" or the "Company"). The resignation is effective on October 1, 2025. Mr. Gibbs’ resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices. (d) On August 22, 2025, the Board…
Results of Operations and Financial Condition On August 5, 2025, YUM! Brands, Inc. ("YUM") issued a press release announcing financial results for the quarter ended June 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 13, 2025, the Board of Directors of Yum! Brands, Inc. (the Company) elected Christopher Turner, currently Chief Financial and Franchise Officer of the Company, as Chief Executive Officer of the Company, effective October 1, 2025, at which time David Gibbs, the Company’s current Chief Executive Officer, will assume a non-executive advisory r…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As disclosed below, on May 15, 2025, the shareholders of YUM! Brands, Inc. (the “Company”) approved the adoption of the YUM! Brands, Inc. 2025 Long Term Incentive Plan (the “LTIP”) at the Company’s annual meeting of shareholders. The terms of the LTIP are set forth in the proxy statement, dated April 4, 2025, for the annual meeting of shareholders,…
Results of Operations and Financial Condition On April 30, 2025, YUM! Brands, Inc. ("YUM") issued a press release announcing financial results for the quarter ended March 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Departure of Certain Officers On March 26, 2025, David Gibbs, the Company’s Chief Executive Officer, informed the Board of Directors of his intention to retire in 2026. Mr. Gibbs remains a member of the Board. The Board has established a succession planning committee to identify the next Chief Executive Officer. A copy of the release announcing the above is attached as Exhibit 99.1.
Regulation FD Disclosure Today, March 4, 2025, Yum! Brands, Inc. (the “Company”) is hosting Taco Bell Consumer Day, during which the Company will present an overview of the long-term strategic vision and outlook for its Taco Bell Division, as well as an update on recent performance. The Company’s Taco Bell Division also issued a press release on March 4, 2025, regarding certain information to be discussed at the Consumer Day, including its business growth plan, ambitions for innovation, and h…
Results of Operations and Financial Condition On February 6, 2025, Yum! Brands, Inc. issued a press release announcing financial results for the quarter and year ended December 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 10, 2025, Mr. Sabir Sami, Chief Executive Officer of the KFC Division (“KFC”) of Yum! Brands, Inc. (the “Company”), informed the Company that he plans to resign as Chief Executive Officer of KFC on March 1, 2025. Following his resignation as the CEO of KFC, Mr. Sami will continue to provide advisory services to the Company through March 1…
Other Items On January 8, 2025, Yum! Brands Inc. terminated its franchise agreements with franchisee IS Gida A.S., the owner and operator of all KFC and Pizza Hut restaurants in Turkey and a subsidiary of IS Holding A.S. (IS Holding), after failure to meet Yum! Brands’ standards. The termination affects 283 KFC restaurants and 254 Pizza Hut restaurants in Turkey, and Yum! Brands expects the restaurants to close at least temporarily. Yum! Brands also re-acquired the master franchise rights in…
Results of Operations and Financial Condition On November 5, 2024, YUM! Brands, Inc. ("YUM") issued a press release announcing financial results for the quarter ended September 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Results of Operations and Financial Condition On August 6, 2024, YUM! Brands, Inc. ("YUM") issued a press release announcing financial results for the quarter ended June 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Results of Operations and Financial Condition On May 1, 2024, YUM! Brands, Inc. ("YUM") issued a press release announcing financial results for the quarter ended March 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
Entry into a Material Definitive Agreement. On April 26, 2024, Pizza Hut Holdings, LLC, KFC Holding Co. and Taco Bell of America, LLC (collectively, the “Borrowers”), each a wholly owned subsidiary of YUM! Brands, Inc. (“YUM” or the “Company”), entered into a Refinancing Amendment No. 7 (the “Amendment”) to the Credit Agreement, dated as of June 16, 2016 (as amended by Refinancing Agreement No. 1 dated as of March 21, 2017, Refinancing Amendment No. 2 dated as of June 7, 2017, Refinancing Ame…
Creation of a Direct Financial Obligation or an Obligation under Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Results of Operations and Financial Condition On February 7, 2024, Yum! Brands, Inc. issued a press release announcing financial results for the quarter and year ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. Section 9 – Financial Statements and Exhibits
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