David Gibbs is the CEO of Yum! Brands, Inc. He took on the role on January 1, 2020, after serving as the President and Chief Operating Officer. With a career spanning over 30 years at Yum! Brands, he has climbed...
David Gibbs is the CEO of Yum! Brands, Inc. He took on the role on January 1, 2020, after serving as the President and Chief Operating Officer. With a career spanning over 30 years at Yum! Brands, he has climbed the ranks by showcasing skills in finance and leadership. His education includes a Bachelor's degree in Business Administration from the University of Michigan, demonstrating a solid foundation in business practices. Under his guidance, Yum! has focused on core operating profit growth and expanding system sales through various brands like Taco Bell and Pizza Hut. Notably, during 2022, Gibbs received a substantial compensation package of $3.73 million, reflecting his performance-driven pay structure. In 2020, amid the COVID-19 pandemic, he chose to forgo his salary, redirecting those funds to support employees and initiatives like bonuses for restaurant managers. This shows his commitment to both the company and its people. As for his investments, Gibbs has been active in insider trading, with notable fluctuations in his holdings. Interesting to see is that his wealth was significantly tied up in Yum! stock at various times, showing his belief in the company's long-term prospects.