Yum Brands Inc. (NYSE:YUM), the parent company of fast-food chains including KFC, Taco Bell, and Pizza Hut, has announced a significant change in its leadership structure. Sabir Sami, the Chief Executive Officer of the KFC Division, has decided to step down from his role effective March 1, 2025. Mr. Sami is set to continue with the company in an advisory capacity until March 1, 2026.
In a statement released today, Yum Brands revealed that Scott Mezvinsky, currently serving as the President of Taco Bell North America and International, will succeed Mr. Sami as the CEO of KFC on the day of Mr. Sami’s departure.
The announcement comes as part of an 8-K filing with the Securities and Exchange Commission. The company’s filing indicated that the leadership transition was internally communicated on January 10, 2025, and formally filed on January 15, 2025.
Yum Brands has been under the leadership of Mr. Sami in the KFC Division, a role in which he has overseen the brand’s operations and strategic initiatives.
Scott Mezvinsky’s appointment as the new CEO of KFC marks a significant shift within the company’s top management, as he brings his experience from Taco Bell, another major segment within Yum Brands’ portfolio.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.