
Good morning. Yum! Brands, Inc. has promoted CFO Chris Turner to CEO in yet another example of an emerging succession trend in corporate leadership.
Yum, the parent company of household-name brands including KFC, Taco Bell, and Pizza Hut, announced on Tuesday that Turner will start as chief executive on Oct. 1. Turner will succeed current CEO David Gibbs, who informed the board in March of his intention to retire.