David Gibbs (businessman)

David Gibbs is an American business executive, formerly known for serving as the chief executive officer of Yum! Brands Inc., and the holding company of KFC, Taco Bell, and Pizza Hut.[1][2]

Career

Gibbs became the chief executive officer of Yum! Brands Inc. on January 1, 2020.[1] Prior to that appointment, he served as the company's president and chief operating officer beginning in January 2019, and earlier as president and chief financial officer. He joined the company's board of directors in November 2019. Gibbs resigned as CEO on October 1, 2025. [3][4][2]

He previously held several leadership roles within the company's global restaurant divisions, including chief executive officer of Pizza Hut, president, and chief financial officer of Yum! Restaurants International, and chief strategy officer of Yum! Brands. Earlier in his career, he worked in real estate and restaurant development roles in KFC, Pizza Hut, and Taco Bell.[4][2][5]

In 2021, Gibbs's total compensation from Yum! Brands was $27.6 million, reflecting a CEO-to-median worker pay ratio of 2,108-to-1.[6] In 2023, his total compensation was reported as $21.2 million.[7]

Professional Distinction

In 2021, after he was appointed CEO of Yum! Brands Inc., he became a member of The Business Council.[8]

Education

Following his graduation from high school, Gibbs attended Johns Hopkins University, where he graduated with a B.S in mathematics. A year later, he entered graduate school and received an MBA in finance from the Fuqua School of Business at Duke University.[9]

References

  1. ^ a b Klein, Danny. "Yum! Brands' CEO Greg Creed to Retire".
  2. ^ a b c Lalley, Heather (August 12, 2019). "Yum Brands names David Gibbs CEO". Restaurant Business magazine. Retrieved April 15, 2020.
  3. ^ Haddon, Heather (August 12, 2019). "Yum Taps Company Veteran as Next CEO". The Wall Street Journal. Retrieved April 15, 2020.
  4. ^ a b Balu, Nivedita (August 12, 2019). "Yum Brands promotes COO David Gibbs to top job". Reuters. Retrieved April 15, 2020.
  5. ^ Staff (January 28, 2019). "YUM! Promotes David Gibbs to President, COO". QSR magazine. Retrieved April 15, 2019.
  6. ^ Jackson, Sarah (2022-07-22). "Here are the 20 companies with the biggest pay gap between CEOs and workers in 2021, including Amazon, Apple, Starbucks, and McDonald's". Business Insider. Archived from the original on 2024-02-14. Retrieved 2024-08-31.
  7. ^ Anderson, Sarah (2024-08-29). "Executive Excess 2024: The "Low Wage 100" corporations are enriching CEOs at the expense of workers and long-term investment" (PDF). Institute for Policy Studies. Archived (PDF) from the original on 2024-08-29. Retrieved 2024-08-31.
  8. ^ Admin. "Active Members". The Business Council. Retrieved 2025-07-07.
  9. ^ "David Gibbs Biography".
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