Yum! Corporate Governance

Board Composition

The Board of Directors determines directors' independence based on the rules of the New York Stock Exchange.

Independent Directors

David W. Dorman
Director since 2005
Non-Executive Chairman
CVS Caremark Corporation
and Founding Partner, Centerview Capital
Jonathan S. Linen
Director since 2005
Advisor to the Chairman,
American Express Company
Massimo Ferragamo
Director since 1997
Chairman
Ferragamo USA, Inc.
a subsidiary of Salvatore Ferragamo Italia
Thomas C. Nelson
Director since 2006
Chairman, CEO & President,
National Gypsum Company
Mirian M. Graddick-Weir
Director since January 2012
Executive Vice President
of Human Resources
Merck & Co., Inc
Thomas M. Ryan
Director since 2002
Former Chairman and CEO,
CVS Caremark Corporation
Robert D. Walter
Director since May 2008
Founder & Retired Chairman/CEO
Cardinal Health, Inc.
Bonnie G. Hill
Director since 2003
President
B. Hill Enterprises, LLC

Management/Non-Independent Directors

David C. Novak
Director since 1997
Chairman and Chief Executive Officer,
Yum! Brands, Inc.
Jing-Shyh S. ("Sam") Su
Director since 2008
Vice Chairman, Yum! Brands Inc.
Chairman and Chief Executive Officer,
Yum! Restaurants China
Michael J. Cavanagh
Director since 2012
Co-Chief Executive Officer
JPMorgan Chase & Co.’s Corporate & Investment Bank