Yum! Board of Directors
Click on a Director's name below to view their biography.
David C. Novak
Director since 1997 | Executive Chairman, Yum! Brands, Inc.
David C. Novak became Executive Chairman of Yum! Brands on January 1, 2015. Novak leads Yum!’s Board of Directors and supports the Company’s CEO, on corporate strategy, innovative business and brand building ideas along with leadership development. During his tenure with the Company, Yum! Brands doubled in size to 41,000 restaurants and established itself as a global powerhouse going from approximately 20 percent of its profits coming from outside the United States in 1997 to nearly 70 percent in 2014, while remaining an industry leader in return on invested capital. In so doing, Yum! Brands’ compound annual shareholder return has been 16% and its market capitalization has grown to nearly $32 billion from just over $4 billion. Prior to leading Yum! Brands, Novak was President at both KFC and Pizza Hut, and held senior management positions at Pepsi-Cola Company, including Chief Operating Officer, and Executive Vice President of Marketing and Sales.
Novak is on the board of directors of the World Food Program USA. Additionally, he is a member of The Business Council and The American Society for Corporate Executives, while also devoting considerable personal support to the United Nations World Food Programme and Dare to Care Food Bank hunger relief. In the spring, he will receive the prestigious 2015 Horatio Alger Award for his commitment to philanthropy and higher education and become a lifetime member of the Horatio Alger Association of Distinguished Americans. He is a recipient of the 2012 UN World Food Program Leadership Award for Yum! Brands World Hunger Relief effort that raises awareness, volunteerism and funds to address this global problem. He is also the recipient of the national 2008 Woodrow Wilson Award for Corporate Citizenship.
Director since 2014 | Chief Executive Officer, Yum! Brands, Inc.
Greg Creed became Chief Executive Officer of Yum! Brands on January 1, 2015 and a Director of the Board in November 2014. He reports to the Company’s Executive Chairman, David Novak. Creed leads the Company’s overarching strategies, structure, people development and culture that will drive sales and profitability at all of its businesses worldwide. All Yum! functional leaders and divisions report to Creed, a 20-year veteran with the Company. Creed has more than 30 years of extensive experience in marketing and operations with leading packaged goods and restaurant brands. Previously, Creed was head of Taco Bell, the nation's leading Mexican-style quick service restaurant chain that serves more than 36 million customers each week in nearly 6,000 restaurants in the U.S. He was appointed Chief Executive Officer of Taco Bell in early 2011 after serving as President and Chief Concept Officer and was responsible for driving overall brand strategy and performance of the business in the U.S. and internationally. He has held various roles with the Company including Chief Marketing Officer at Taco Bell where he spearheaded the “Think Outside the Bun” campaign and new product introductions that generated strong sales and profit growth for five consecutive years, as well as Chief Operating Officer for Yum! where he created a people-focused leadership approach for global operations and led the strategic development for Taco Bell International.
Director since 2008 | Executive Advisor to the CEO of Yum! Restaurants China
Jing-Shyh “Sam” Su has been the Executive Advisor to the CEO of Yum! Restaurants China since August 18, 2015. Prior to that he was Vice Chairman of the Board at Yum! Brands from 2008 to 2015 and Chairman and CEO of Yum! Restaurants China from 2010 to 2015. Su had previously served as President of the China Division since 1997. Yum! is the leading retail developer in China with more than 6,800 restaurants in over 1,000 cities. KFC is the number one foreign brand in China with more than 4,800 restaurants in over 1,000 cities. Pizza Hut is the number one Western casual dining brand in China with nearly 1,400 restaurants in more than 385 cities and nearly 300 Pizza Hut Home Service units. Yum! opened more than 700 new units in China in 2014 and expects to open 700 new units in 2015.
Michael J. Cavanagh
Director since 2012 | Senior Executive Vice President and Chief Financial Officer of Comcast Corporation
Michael J. Cavanagh is Senior Executive Vice President and Chief Financial Officer of Comcast Corporation, a global media and technology company. He has held this position since July 2015. From July 2014 to May 2015 he served as Co President and Co Chief Operating Officer for The Carlyle Group, a global investment firm, and he was also a member of the Executive Group and Management Committee of The Carlyle Group. Prior to this, Mr. Cavanagh was the Co Chief Executive Officer of the Corporate & Investment Bank of JPMorgan Chase & Co. from 2012 until 2014. From 2010 to 2012, he was the Chief Executive Officer of JPMorgan Chase & Co.’s Treasury & Securities Services business, one of the world’s largest cash management providers and a leading global custodian. From 2004 to 2010, Mr. Cavanagh was Chief Financial Officer of JPMorgan Chase & Co.
Director since 2015 | Chairman and Chief Executive Officer, Target Corporation
Brian Cornell is board chairman and CEO of Target Corp. He is responsible for Target’s global business, including nearly 1,800 stores in North America and Target.com, more than 347,000 team members and millions of guests. Mr. Cornell leads the retailer’s ten-person executive leadership team in accelerating Target’s performance, advancing its digital evolution and delivering on its “Expect More. Pay Less.” brand promise. Prior to joining Target in August 2014, Mr. Cornell served as CEO of PepsiCo Americas Foods where he oversaw the company’s global food business, the largest of PepsiCo’s four divisions. He was responsible for a portfolio that included Frito-Lay North America, Quaker Foods and all of PepsiCo’s Latin America food and snack businesses. Before joining PepsiCo in 2012, Mr. Cornell served as president and CEO of Sam’s Club, a division of Wal-Mart Stores, Inc. Mr. Cornell also held the position of CEO at Michaels Stores, Inc., and prior to that, executive vice president and chief marketing officer for Safeway. Mr. Cornell serves on the board for UCLA’s Anderson School of Management Board of Visitors, providing strategic guidance to the dean in advancing the school’s mission, as well as the boards of the Retail Industry Leaders Association (RILA) and the Smithsonian’s National Museum of African American History and Culture.
David W. Dorman
Director since 2005 | Non-Executive Chairman, CVS Health Corporation
David W. Dorman is the Non Executive Chairman of the Board of CVS Health Corporation (formerly known as CVS Caremark Corporation), a pharmacy healthcare provider. He has held this position since May 2011. He is also a Founding Partner of Centerview Capital, a private investment firm, since July 2013. Until May 2011, he was the Non Executive Chairman of Motorola Solutions, Inc. (formerly known as Motorola Inc.), a leading provider of business and mission critical communication products and services for enterprise and government customers. He served as Non Executive Chairman of the Board of Motorola, Inc. from May 2008 until the separation of its mobile devices and home businesses in January 2011. From October 2006 to May 2008, he was Senior Advisor and Managing Director to Warburg Pincus, a global private equity firm. From November 2005 until January 2006, he was President of AT&T Inc., a company that provides Internet and transaction based voice and data services (formerly known as SBC Communications). He was Chairman of the Board and Chief Executive Officer of the company previously known as AT&T Corp. from November 2002 until November 2005. Prior to this, he was President of AT&T Corp. from 2000 to 2002 and the Chief Executive Officer of Concert, a former global venture created by AT&T Corp. and British Telecommunications plc, from 1999 to 2000.
Director since 1997 | Chairman, Ferragamo USA, Inc., a subsidiary of Salvatore Ferragamo Italia
Massimo Ferragamo is Chairman of Ferragamo USA, Inc., a subsidiary of Salvatore Ferragamo Italia, which controls sales and distribution of Ferragamo products in North America. Mr. Ferragamo has held this position since 1985. Mr. Ferragamo served as a director of Birks & Mayors, Inc. from 2005 until 2007.
Mirian M. Graddick-Weir
Director since 2012 | Executive Vice President Human Resources, Merck & Co., Inc.
Mirian M. Graddick Weir serves as Executive Vice President of Human Resources for Merck & Co., Inc., a pharmaceutical company. She has held this position since 2008. From 2006 until 2008, she was Senior Vice President of Human Resources of Merck & Co., Inc. Prior to this position, she served as Executive Vice President of Human Resources and Employee Communications of AT&T Corp from 2004 to 2006. Ms. Graddick Weir served as the Executive Vice President of Human Resources of AT&T Corp. from 1999 to 2004. Ms. Graddick Weir held various executive positions throughout her career with AT&T, which began in 1981. Ms. Graddick Weir served as a director of Harleysville Group Inc. from 2000 until 2012.
Jonathan S. Linen
Director since 2005 | Advisor to Chairman, American Express Company
Jonathan S. Linen has been an advisor to the Chairman of American Express Company, a diversified worldwide travel and financial services company, since January 2006. From August 1993 until December 2005, he served as Vice Chairman of American Express Company. From 1992 to 1993, Mr. Linen served as President and Chief Operating Officer of American Express Travel Related Services Company, Inc. From 1989 to 1992, Mr. Linen served as President and Chief Executive Officer of Shearson Lehman Brothers. Mr. Linen is a director of Modern Bank, N.A. and The Intercontinental Hotels Group.
Thomas C. Nelson
Director since 2006 | Chairman, Chief Executive Officer and President, National Gypsum Company
Thomas C. Nelson has served as the President and Chief Executive Officer of National Gypsum Company, a building products manufacturer, since 1999 and was elected Chairman of the Board in January 2005. From 1995 to 1999, Mr. Nelson served as the Vice Chairman and Chief Financial Officer of National Gypsum Company. He is also a General Partner of Wakefield Group, a North Carolina based venture capital firm. Mr. Nelson previously worked for Morgan Stanley & Co. and in the United States Defense Department as Assistant to the Secretary and was a White House Fellow. He serves as Director of Carolinas Healthcare System and as lead Director of Belk, Inc. Effective January 2015, Mr. Nelson will serve as a director for the Federal Reserve Bank of Richmond.
Thomas M. Ryan
Director since 2002 | Former Chairman and Chief Executive Officer,
CVS Health Corporation
Thomas M. Ryan is the former Chairman and Chief Executive Officer of the Board of CVS Health Corporation, formerly known as CVS Caremark Corporation (“CVS”), a pharmacy healthcare provider. He served as Chairman from April 1999 to May 2011. He was Chief Executive Officer of CVS from May 1998 to February 2011 and also served as President from May 1998 to May 2010. Mr. Ryan serves on the boards of Five Below, Inc. and Vantive, Inc., and is an Operating Partner of Advent International. Mr. Ryan was a director of Reebok International Ltd. from 1998 to 2005 and Bank of America Corporation from 2004 to 2010.
Elane B. Stock
Director since 2014 | Group President, Kimberly-Clark International
Elane B. Stock is Group President of Kimberly Clark International, a division of Kimberly Clark Corporation, a leading consumer products company. She has held this position since 2014. From 2012 to 2014 she was the Group President for Kimberly Clark Professional. Prior to this role, Ms. Stock was the Chief Strategy Officer from 2010, when she first joined Kimberly Clark, to 2012.
Robert D. Walter
Director since 2008 | Founder and Retired Chairman/CEO, Cardinal Health, Inc.
Robert D. Walter is the founder of Cardinal Health, Inc., a company that provides products and services supporting the health care industry. Mr. Walter retired from Cardinal Health in June 2008. Prior to his retirement from Cardinal Health, he served as Executive Director from November 2007 to June 2008. From April 2006 to November 2007, he served as Executive Chairman of the Board of Cardinal Health. From 1979 to April 2006, he served as Chairman and Chief Executive Officer of Cardinal Health. Mr. Walter also serves as a director of American Express Company and Nordstrom, Inc. From 2000 to 2007, he was a director of CBS Corporation and its predecessor, Viacom, Inc.