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Yum Brands

Leading operator of fast-food restaurants.

Headquarters:
1441 Gardiner Lane
Louisville, KY 40213
Employees: 1,500,000
CEO: Greg Creed
Stock Symbol: YUM

Website: http://www.yum.com

Career Site

Yum Brands is the world's largest restaurant company with over 41,000 restaurants in more than 120 countries and territories. Its well-known brands include Pizza Hut, KFC and Taco Bell.

A total of 90% of U.S. locations are owned by franchisees.

KFC is the world's most popular chicken restaurant chain, specializing in Original Recipe, Extra Crispy, Colonel's Crispy Strips and Hot Wings, with home-style sides and freshly made chicken sandwiches. Since its founding by Colonel Harland Sanders in 1952, KFC has been serving customers delicious and already prepared complete family meals. There are 14,197 KFC restaurants with over 4,500 in the U.S.

Pizza Hut, based in Plano, TX, is the world's largest pizza restaurant, specializing in the following pizzas: Pan Pizza, Thin 'N Crispy Pizza, Hand-Tossed Style Pizza and Stuffed Crust Pizza. The chain was founded by brothers Dan and Frank Carney in 1958. There are 13,602 Pizza Hut restaurants with 7,800 in the U.S.

Taco Bell, based in Irvine, CA, is the nation's leading Mexican-style fast-food chain serving tacos, burritos, signature quesadillas, Border Bowls, nachos and other specialty items. The chain was founded by Glen Bell in 1962. There are 6,199 Taco Bell restaurants with most in the U.S.

Yum Brands implements practices and procedures to maintain a high level of service including Customer Mania Training and CHAMPS (which measures operational basics like Cleanliness, Hospitality, Accuracy, Maintenance, Product Quality and Speed).

In 2014, Yum reported $13.2 billion in revenues, a 1% increase, and net income of $1.05 billion. The company's top five markets by restaurants are the USA, China, Japan, Great Britain and Canada.

Worldwide system sales grew 3% and increased in China by 1%. KFC system sales increased 6%. Pizza Hut system sales increased 1% and Taco Bell system sales increased 4%.

New international restaurants totaled a record 2,034, including 737 in China, 666 at KFC, 465 at Pizza Hut and 156 in India; 80% of this development occurred in emerging markets.

There were 6,715 KFC and Pizza Hut restaurants in China at the end of 2014.

The company plans to open 2,100 international restaurants this year.

In November 2014, Pizza Hut introduced a new menu with 10 different crusts and new toppings including spinach, bacon and salami.

Taco Bell launched a national breakfast menu in March 2014 featuring the Waffle Taco, a waffle with eggs and sausage eaten like a taco.

Greg Creed became the new CEO of the company on January 1. He was previously CEO of the company's Taco Bell division.

History

Yum Brands became Tricon Global Restaurants, Inc., an independent, publicly owned company on October 7, 1997, as a result of a spin-off from PepsiCo, who owned, and franchised the KFC, Pizza Hut, and Taco Bell brands worldwide.

In March 2002, Tricon announced the acquisition of Yorkshire Global Restaurants, headquartered in Lexington, KY, and its two brands: Long John Silver's and A&W All-American Food. The executives decided to change the company's name to Yum Brands, Inc., which better reflected the entire portfolio of restaurants as well as the company's New York Stock Exchange ticker: YUM.

In October 2009, Yum opened its 13,000th restaurant outside the United States with a KFC in New Delhi, India.

In 2011, Yum sold off the A&W and Long John Silver's chain of restaurants.

Taco Bell introduced Doritos Locos Tacos in 2012 and has sold over $1 billion worth of the Doritos shell tacos which now include Cool Ranch and Fiery flavors.

KFC introduced Go Cups in October 2013 which offers snacks for people on the go.

Benefits

- Medical Coverage and Prescription Benefits
- Dental Coverage
- Vision/Hearing Coverage
- Life and Disability Insurance
- 401k Plan - Company matches first 5% of pay contributed-and that match is immediately vested.
- Stock Options
- Health Care and Dependent Care Reserve Accounts
- Adoption Assistance
- Employee Assistance Program
- Group Legal Plan
- Yum Scholarship Program
- Tuition Reimbursement
- College-Planning Assistance
- Employee Discount Programs
- Credit Union
- Paid Vacation

Updated February 4, 2015