YUM! Brands Inc.
04/01/2026 | Press release | Distributed by Public on 04/01/2026 06:14
Management Change/Compensation (Form 8-K)
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On March 26, 2026, the Board of Directors of Yum! Brands, Inc. (the "Company") appointed Kathleen K. Oberg as a director. Her appointment is effective April 1, 2026, and she will stand for election to the Board by shareholders at the Company's next Annual Meeting. As of the date of this filing, Ms. Oberg has not been appointed to a committee of the Board. Consistent with the Company's standard compensation arrangements for non-employee directors, which are described in the Company's most recent proxy statement, Ms. Oberg will receive a one-time stock grant with a fair market value of $25,000 on April 1, 2026 and a prorated portion of her annual stock retainer. There is no arrangement or understanding between Ms. Oberg and any other person pursuant to which she was selected as a director.
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