Yum! Corporate Governance

Committee Composition and Charters

Committee Charters

Audit Committee
Chaired by Thomas C. Nelson, the Audit Committee assists the Board of Directors in its oversight of the integrity of the financial statements of the Company, as well as compliance with legal and regulatory requirements and the performance of the Company's internal audit function.

Download printable versions of the Audit Committee Charter (Last updated 11-22-13)
Adobe PDF version Requires Adobe Acrobat Reader (103K) | Word document Requires Microsoft Word (26K)

Management Planning and Development Committee
Chaired by Robert D. Walter, the Compensation Committee reviews and approves all of the policies under which compensation is paid or awarded to the Company's executive officers. The Committee also monitors the performance of the chief executive officer and other senior executives.

Download printable versions of the Management Planning and Development Committee Charter (Last updated 6-27-13)
Adobe PDF version Requires Adobe Acrobat Reader (17K) | Word document Requires Microsoft Word (31K)

Nominating and Governance Committee
Chaired by Thomas M. Ryan, the Nominating and Governance Committee assists the board in identifying qualified individuals to become directors, determining the composition, and compensation of the board and its committees, monitoring process to assess the board effectiveness and developing and implementing the Company's corporate governance guidelines.

Download printable versions of the Nominating and Governance Committee Charter (Last updated 5-31-06)
Adobe PDF version Requires Adobe Acrobat Reader (18.5K) | Word document Requires Microsoft Word (25.5K)

Executive/Finance Committee
Chaired by David C. Novak, the Executive/Finance Committee exercises all of the powers of the Board in the management of the business and affairs of the Company consistent with applicable law while the Board is not in session.

Investment News

  • October 7, 2014 – Yum! Brands Reports Third-Quarter EPS Growth of 3%, Excluding Special Items; Soft China Sales Reduce 2014 Full-Year EPS Expectations Requires Acrobat Reader
  • September 10, 2014 – Yum! Brands, Inc. Announces 11% Increase in Quarterly Dividend, Marking Tenth Consecutive Double-Digit Percentage Increase Requires Acrobat Reader
  • July 16, 2014 – Yum! Brands Reports Second-Quarter EPS Growth of 30%, Excluding Special Items; China Division System Sales Increased 21% with Operating Profit Growth of 188%; Yum! Reaffirms Full-Year Guidance of at least 20% EPS Growth Requires Acrobat Reader

Committee Composition

= Chairperson = Member = Financial Expert = Lead Director
 
Independent Directors LD FE  Audit  Mgmt Dev/Plan Nominating/Gov Exe/Finance
David Dorman        
Massimo Ferragamo        
Mirian M. Graddick-Weir          
Bonnie Hill          
Jonathan Linen          
Thomas C. Nelson      
Thomas M. Ryan    
Robert D. Walter      
Management/Non-
Independent Directors
  FE Audit Compensation Nominating/Gov Exe/Finance
David C. Novak          
Jing-Shyh S. Su            
Michael J. Cavanagh