Yum! Brands (YUM) Announces Expected Yum China Holdings Board
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Yum! Brands Names Expected Board of Directors of Yum China Holdings
September 15, 2016 5:04 PM EDTLOUISVILLE, Ky. & SHANGHAI--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) today announced the expected composition of the Board of Directors of Yum China Holdings, Inc. (Yum China).
The nine new directors announced today, seven of whom are independent, are expected to serve on the Yum China Board of Directors following the completion of Yum Chinas spin-off from Yum! Brands, which is expected to occur after the close of business on October 31, 2016.
As previously announced, Dr. Fred Hu, chairman and founder of Primavera Capital Group, a China-based global investment firm that will... More
