David Gibbs,
President of its Pizza Hut business in the U.S.

Yum! Brands, Inc. (NYSE:YUM) announced it has appointed David Gibbs, 50, as President of its Pizza Hut business in the U.S., and Jason Marker, 43, as General Manager of its KFC business in the U.S. Gibbs will report to Scott Bergren, Pizza Hut Chief Executive Officer; and Marker will report to Micky Pant, KFC Chief Executive Officer. Both appointments are effective immediately. In November 2013, Yum! Brands, Inc. announced it would reorganize its business to drive greater brand and geographic focus. Effective January 1, 2014, the reorganization became effective and the Company combined its Yum! Restaurants International (YRI) and the U.S. individual divisions for KFC, Pizza Hut and Taco Bell. Yum! Restaurants China and Yum! Restaurants India remain separate divisions given their strategic importance and enormous growth potential.

At the time of the reorganization announcement, David C. Novak, Chairman and Chief Executive Officer, Yum! Brands, Inc., said, “We believe that having 100% focused brand teams will enable us to more aggressively accelerate growth. The next logical step was to organize our division leadership and resources by Brand, as we are now doing,” he added.