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 | Vice Chairman, Yum! Brands, Inc. and Chairman and Chief Executive Officer, Yum! Restaurants China
Jing-Shyh “Sam” Su became Chairman and CEO of Yum! Restaurants China in May 2010, maintaining his position as Vice Chairman of the Board at Yum! Brands, reporting directly to the Company’s CEO. Su had previously served as President of the China Division since 1997. Yum! Brands is focused on building leading brands in China in every significant category. Yum! is the leading retail developer in China with more than 6,700 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 more than 1,300 restaurants in over 350 cities and over 250 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 | Co-President and Co-Chief Operating Officer of The Carlyle Group
Michael J. Cavanagh is Co-President and Co-Chief Operating Officer of The Carlyle Group and serves on the firm’s Executive Group and Management Committee. Prior to that, he served on JPMorgan Chase’s Operating Committee as Co-CEO of the Corporate and Investment Bank, CEO of the Treasury and Securities Services, and Chief Financial Officer from 2004 – 2010. Before being named CFO, Cavanagh was Head of Middle Market Banking for JPMorgan Chase. Cavanagh joined Bank One in May 2000 (prior to its acquisition by JPMorgan) and held a variety of roles there including Head of Strategy and Planning, Treasurer, and other executive positions in banking. Before joining Bank One, Cavanagh spent seven years with Citigroup and its predecessors.
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, a position he has held since May 2011. 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.
Mr. Dorman serves on the board of Motorola Solutions, Inc. and Georgia Tech Foundation. He served as a director of AT&T Corp. from 2002 to 2006.
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 has 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 position she has held 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 has held various executive positions throughout her career with AT&T, which began in 1981. Ms. Graddick-Weir is a director of Harleysville Group Inc.
Bonnie G. Hill
Director since 2003 | President, B. Hill Enterprises, LLC
Bonnie G. Hill is President of B. Hill Enterprises LLC, a consulting company. She has held this position since July 2001. She is also co-founder of Icon Blue, Inc., a brand marketing company. She served as President and Chief Executive Officer of Times Mirror Foundation, a charitable foundation affiliated with the Tribune Company from 1997 to 2001 and Senior Vice President, Communications and Public Affairs, of the Los Angeles Times from 1998 to 2001. From 1992 to 1996, she served as Dean of the McIntire School of Commerce at the University of Virginia. Ms. Hill currently serves as a director of AK Steel Holding Corporation, The Home Depot, Inc., California Water Service Group, and The Rand Corporation. She serves as the Lead Director of the Board of Directors of The Home Depot, Inc. She also served on the boards of Hershey Foods Corporation from 1993 to 2007 and Albertson’s, Inc. from 2002 to 2006.
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 Chief Executive Officer and President 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 also serves as a director of Belk, Inc. and Carolinas Healthcare Systems.
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 (“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 board of Five Below, 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 the Group President of Kimberly-Clark International, comprising its operations in Asia-Pacific, Latin America, Middle East, Europe and Africa. Prior to joining Kimberly Clark as Chief Strategy Officer, and later as President, Kimberly-Clark Professional, Stock previously served in management positions at Georgia Pacific, McKinsey & Company and the American Cancer Society.
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.