#Newsletters director announces changes free#

Yum! Brands’ CEO and member of the Board of Directors, Greg Creed said, “On behalf of everyone at Yum! Brands, I would like to thank Keith for his contributions. We look forward to delivering on these commitments as we continue to evolve as the food industry’s leading, focused, global franchisor,” said Bob Walter, Non-Executive Chairman, Yum! Brands. His fresh perspectives and his focus on shareholder value were instrumental in helping to develop the company’s current structure and multi-year growth plan. “Keith has been an invaluable member of the Board as we have undergone a dramatic transformation. I want to thank David Novak, Bob Walter, Greg Creed, and the entire YUM Board for giving me the opportunity to serve.”

#Newsletters director announces changes free#

Yum! Brands has been and will continue to remain one of my firm’s largest holdings, as we see iconic brands, an improving business model and significant free cash flow growth with a high degree of visibility. I hold this management team in the highest regard, and believe that under Greg Creed’s impressive leadership the company is well on its way to achieving its long-term goals. With the China spin-off successfully executed, and YUM’s capital structure, management team and transformation plans in place, the company is set up for great success. Meister commented, “Serving on the YUM Board has been a tremendous experience. Meister, Managing Partner of Corvex Management LP, has elected to step down from its Board of Directors, effective immediately. Febru// // Louisville, KY - Yum! Brands (NYSE: YUM) today announced that Keith A. Shareholder and financial information is available at. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at.

Microsoft Media Relations, WE Communications, (425) 638-7777, Its mission is to empower every person and every organization on the planet to achieve more.įor more information, financial analysts and investors only: Microsoft (Nasdaq “MSFT” enables digital transformation for the era of an intelligent cloud and an intelligent edge. 9, 2021, to shareholders of record on Aug. In addition to these role changes, the board declared a quarterly dividend of $0.56 per share. As lead independent director, Thompson will retain significant authority including providing input on behalf of the independent directors on board agendas, calling meetings of the independent directors, setting agendas for executive sessions, and leading performance evaluations of the CEO. In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review. Thompson as lead independent director, a role he held previously from 2012 to 2014. on Wednesday announced that the board’s independent directors unanimously elected Satya Nadella to the role of board chair, and unanimously elected John W.