Yum! Corporate Governance

Committee Composition and Charters

Committee Charters

Audit Committee
Chaired by J. David Grissom, 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 3-27-09)
Adobe PDF version Requires Adobe Acrobat Reader (36.5K) | Word document Requires Microsoft Word (52K)

Management Planning and Development Committee
Chaired by Thomas M. Ryan, 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 1-27-04)
Adobe PDF version Requires Adobe Acrobat Reader (9K) | Word document Requires Microsoft Word (24K)

Nominating and Governance Committee
Chaired by Robert Walter, 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

  • May 3, 2012 – Yum! Brands to Present at Baird and Morgan Stanley Conferences Requires Acrobat Reader
  • April 18, 2012 – Yum! Brands Reports First-Quarter EPS Growth of 21%, or $0.76 Per Share, Excluding Special Items; Strong Sales and Operating Profit Growth Across All Divisions; Raises Full-Year 2012 EPS Growth Forecast to at least 12%, Excluding Special Items Requires Acrobat Reader
  • March 23, 2012 – Yum! Brands Inc. Declares Quarterly Dividend of $0.285 per Share Requires Acrobat Reader
  • February 29, 2012 – Yum! Brands to Present at Raymond James and Bank of America Merrill Lynch Conferences Requires Acrobat Reader
  • February 6, 2012 – Yum! Brands Inc. Announces Full-Year EPS Growth of 14%, or $2.87 Per Share, Excluding Special Items; Marks 10th Consecutive Year of at least 13% EPS Growth; China Opens a Record 656 New Units Requires Acrobat Reader
  • December 5, 2011 – Yum! Brands Announces Full-Year 2012 Expectations; Raises 2011 EPS Growth Forecast to at least 13%, Excluding Special Items; Will Host Investor Update Meeting Wednesday, December 7, 2011 Requires Acrobat Reader

Committee Composition

= Chairperson = Member = Financial Expert
 
Independent Directors FE  Audit  Mgmt Dev/Plan Nominating/Gov Exe/Finance
David Dorman      
Massimo Ferragamo      
J. David Grissom    
Bonnie Hill      
Robert Holland, Jr.        
Kenneth G. Langone      
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