Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. d) On August 20, 2026, the Board of Directors of Yum! Brands, Inc. (the "Company") appointed Steve Bratspies as a director.…
Filed Aug 21, 2026Accepted Aug 21, 2026, 10:19 AM EDTCIK 1041061Accession 0001041061-26-000171
Yum! Brands, Inc. and its subsidiaries franchise or operate more than 58,000 restaurants in 155 countries and territories under its iconic brands - KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. KFC, Taco Bell and Pizza Hut are global leaders in the chicken, Mexican-inspired food and pizza categories, respectively. Habit is a fast-casual concept known for fresh, cooked-to-order food. Fueled by Yum!’s Recipe for Good Growth, KFC, Taco Bell and Pizza Hut led Entrepreneur's 2026 Franchise 500 rankings and its Top Global Franchises 2025 list. In 2026, Yum!’s unrivaled culture and talent led it to be named one of TIME magazine’s list of Best Companies for Future Leaders for the third consecutive year.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
d) On August 20, 2026, the Board of Directors of Yum! Brands, Inc. (the "Company") appointed Steve Bratspies as a director. His appointment is effective August 26, 2026, and he will stand for election to the Board of shareholders at the Company's next Annual Meeting. As of the date of this filing, Mr. Bratspies has not been appointed to a committee of the Board. Consistent with the Company's standard compensation arrangements for non-employee directors, which are described in the Company's most recent proxy statement, Mr. Bratspies will receive a one-time stock grant with a fair market value of $25,000 on August 27, 2026 and a prorated portion of his annual stock retainer. There is no arrangement or understanding between Mr. Bratspies and any other person pursuant to which he was selected as a director.