The Yum Brands CEO, David Gibbs, announced Monday that he plans to retire from the company in the first quarter of 2026.
Gibbs, 62, is a 36 -year -old veteran from Yum Brands, based in Louisville, Kentucky, which is the world’s largest restaurant company. Yum possesses the taco bell, the pizza and hamburger cabin of habits AND Grill Brands Yy has 61,000 restaurants in more than 155 countries.
Gibbs will continue to direct the company during the search process of the new CEO.
Gibbs became the Yum Brands CEO in January 2020, then sailed to the company through the pandemic and the years full of potholes that followed. He focused on the development of the new store. In 2024, the company opened 4,535 new stores in more than 100 countries. That compares with 2,040 new store openings in 2019.
Gibbs also updated technology in stores. Earlier this month, Yum signed an industry agreement first with the artificial company of Intelligence and Computing Nvidia, which will work with YUM in automated orders in the transmission and call plans and operating plans improved by computer in restaurants.
Yum’s Board of Directors praised Gibbs, saying that it has had a “transformative impact” on the company.
Before becoming CEO, Gibbs directed the Pizza Hut Division from 2015 to 2016. He later served as financial director and operations director of the company.
