Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 17, 2021, Mr. Tony Lowings, Chief Executive Officer of the KFC
Division ("KFC") of Yum! Brands, Inc. (the "Company"), informed the Company that
he plans to resign as Chief Executive Officer of KFC on December 31, 2021. Mr.
Lowings will continue to report to David Gibbs, the Chief Executive Officer of
the Company, in another capacity until his retirement in March 2022 and will
assist the Company with transition needs through that date. Sabir Sami,
currently KFC Division Chief Operating Officer and Managing Director of KFC
Asia, will become Chief Executive Officer of the KFC Division on January 1,
2022.
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