Taco Bell, KFC Parent Yum! Brands Announces New CEO
1. Chris Turner appointed as YUM's new CEO effective October 1. 2. Current CEO David Gibbs retiring after 37 years with Yum! Brands. 3. Yum! reported a 12% revenue increase to $1.79 billion last quarter. 4. Same-store sales grew at KFC and Taco Bell but declined at Pizza Hut. 5. YUM shares down less than 1% but up 5% year-to-date.