Yum! Brands names CFO Chris Turner as its next CEO

Group 1 - Yum! Brands has appointed Chris Turner as the new CEO, effective October 1, replacing David Gibbs, who will remain as an advisor until 2026 [1] - Chris Turner has been with Yum! Brands since 2019 and previously held senior positions at PepsiCo and McKinsey [1] - Under David Gibbs, Yum! Brands expanded digital ordering and introduced value menus, a strategy that Turner is expected to continue [2] Group 2 - Yum! Brands operates well-known fast-food chains including KFC, Taco Bell, Pizza Hut, and Habit Burger in over 150 countries [3] - The company's shares have increased by approximately 5% year-to-date [3]