Yum! Corporate Governance

Committee Composition and Charters

Committee Charters

Audit Committee
Chaired by J. David Grissom, the Audit Committee assists the Board of Directors in its oversight of the integrity of the financial statements of the Company, as well as compliance with legal and regulatory requirements and the performance of the Company's internal audit function.

Download printable versions of the Audit Committee Charter (Last updated 2-23-10)
Adobe PDF version Requires Adobe Acrobat Reader (36.5K) | Word document Requires Microsoft Word (52K)

Compensation Committee
Chaired by Thomas Ryan, the Compensation Committee reviews and approves all of the policies under which compensation is paid or awarded to the Company's executive officers. The Committee also monitors the performance of the chief executive officer and other senior executives.

Download printable versions of the Compensation Committee Charter (Last updated 1-27-04)
Adobe PDF version Requires Adobe Acrobat Reader (9K) | Word document Requires Microsoft Word (24K)

Nominating and Governance Committee
Chaired by Kenneth Langone, the Nominating and Governance Committee assists the board in identifying qualified individuals to become directors, determining the composition, and compensation of the board and its committees, monitoring process to assess the board effectiveness and developing and implementing the Company's corporate governance guidelines.

Download printable versions of the Nominating and Governance Committee Charter (Last updated 5-31-06)
Adobe PDF version Requires Adobe Acrobat Reader (18.5K) | Word document Requires Microsoft Word (25.5K)

Executive/Finance Committee
Chaired by David C. Novak, the Executive/Finance Committee exercises all of the powers of the Board in the management of the business and affairs of the Company consistent with applicable law while the Board is not in session.

Investment News

February 03, 2010 – Yum! Brands Inc. Reports Full Year 2009 EPS Growth of 13% or $2.17 Per Share, Excluding Special Items; Led by China Full Year Operating Profit Growth of 25% Requires Acrobat Reader

November 20, 2009 – Yum! Brands Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.21 per share of common stock, which will be distributed February 5, 2010, to shareholders of record at the close of business on January 15, 2010. Requires Acrobat Reader

October 06, 2009 – Yum! Brands Inc. Reports Third Quarter 2009 EPS Growth of 21%, Excluding Special Items; Led by Robust China Profit Growth of 32%; Raises Full-Year EPS Growth Forecast to 12%, Excluding Special Items Requires Acrobat Reader

September 30, 2009 – Yum! Brands Inc. Announces 11% Increase in Quarterly Dividend and Authorization for $300 Million Share Repurchases Requires Acrobat Reader

July 14, 2009 – Yum! Brands Inc. Reports Second Quarter 2009 EPS of $0.63; $0.50 Per Share or 10% Growth Excluding Special Items; Maintains Guidance for Full Year 2009 EPS Growth of 10%, Excluding Special Items Requires Acrobat Reader

June 25, 2009 – Pizza Hut Named Most Trusted Food Service Brand in India by The Economic Times for Fifth Year

May 28, 2009 – Yum! Brands Inc. (NYSE: YUM) announced a dividend of $0.19 per share of common stock, which will be distributed August 7, 2009, to shareholders of record at the close of business on July 17, 2009. Requires Acrobat Reader

May 15, 2009Institutional Investor  Survey Names Yum! Brands’ Richard Carucci #1 Chief Financial Officer in the Restaurant Industry

April 22, 2009 – Yum! Brands Inc. Reports First Quarter 2009 EPS of $0.48, 14% Growth Excluding Special Items; Expects Full Year 2009 EPS Growth of 10%, Excluding Special Items Requires Acrobat Reader

Investment Events

Bank of America Merrill Lynch Consumer Conference Presentation (Mar 11, 2010)

Q4 2009

Q4 2009 Earnings Release

Q4 2009 Earnings Release Webcast

Committee Composition

= Chairperson = Member = Financial Expert
 
Independent Directors FE  Audit  Compensation Nominating/Gov Exe/Finance
David Dorman      
Massimo Ferragamo      
J. David Grissom    
Bonnie Hill      
Robert Holland, Jr.        
Kenneth G. Langone      
Jonathan Linen        
Thomas C. Nelson        
Thomas Ryan        
Robert D. Walter      
Management/Non-
Independent Directors
FE Audit Compensation Nominating/Gov Exe/Finance
David C. Novak        
Jingshyh Su          
Jackie Trujillo