Pizza Hut 2009 Annual Report Download - page 32
Download and view the complete annual report
Please find page 32 of the 2009 Pizza Hut annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34 -
35 -
36 -
37 -
38 -
39 -
40 -
41 -
42 -
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
 |
 |
21MAR201012032
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2009
Management Planning • Oversees the Company’s executive 4
and Development: compensation plans and programs and reviews
Thomas M. Ryan, Chair and recommends changes to these plans and
David W. Dorman programs
Massimo Ferragamo • Monitors the performance of the chief executive
Bonnie Hill officer and other senior executives in light of
Robert Walter corporate goals set by the Committee
• Reviews and approves the compensation of the
chief executive officer and other senior
executive officers
• Reviews management succession planning
The Board has determined that all of the members of the Management Planning and Development
Committee are independent within the meaning of the listing standards of the NYSE and are non-employee
directors within the meaning of Section 16 of the Securities Exchange Act of 1934.
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2009
Nominating and • Identifies and proposes to the Board suitable 3
Governance: candidates for Board membership
Robert Walter, Chair • Advises the Board on matters of corporate
David W. Dorman governance
Massimo Ferragamo • Reviews and reassesses from time to time the
Bonnie Hill adequacy of the Company’s Corporate
Thomas M. Ryan Governance Guidelines
• Receives comments from all directors and
reports annually to the Board with assessment
of the Board’s performance
Proxy Statement
• Prepares and supervises the Board’s annual
review of director independence
The Board has determined that all of the members of the Nominating and Governance Committee are
independent within the meaning of the listing standards of the NYSE.
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2009
Executive/Finance: • Exercises all of the powers of the Board in the —
David C. Novak, Chair management of the business and affairs of the
J. David Grissom Company consistent with applicable law while
Kenneth G. Langone the Board is not in session
How are directors compensated?
Employee Directors. Employee directors do not receive additional compensation for serving on the
Board of Directors.
Non-Employee Directors Annual Compensation. The annual compensation for each director who is
not an employee of YUM is discussed under ‘‘Director Compensation’’ beginning on page 64.
13