Pizza Hut 2010 Annual Report Download - page 32
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9MAR201101381779
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2010
Management Planning • Oversees the Company’s executive compensation plans 5
and Development: and programs and reviews and recommends changes to
Thomas M. Ryan, Chair these plans and programs
David W. Dorman • Monitors the performance of the chief executive officer
Massimo Ferragamo and other senior executives in light of corporate goals
Bonnie Hill set by the Committee
Robert Walter • 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.
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2010
Nominating and • Identifies and proposes to the Board suitable candidates 3
Governance: for Board membership
Robert Walter, Chair • Advises the Board on matters of corporate governance
David W. Dorman • Reviews and reassesses from time to time the adequacy
Massimo Ferragamo of the Company’s Corporate Governance Principles
Bonnie Hill • Receives comments from all directors and reports
Thomas M. Ryan annually to the Board with assessment of the Board’s
performance
• 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.
Proxy Statement
Name of Committee Number of Meetings
and Members Functions of the Committee in Fiscal 2010
Executive/Finance: • Exercises all of the powers of the Board in the —
David C. Novak, Chair management of the business and affairs of the Company
J. David Grissom consistent with applicable law while the Board is not in
Kenneth G. Langone 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 69.
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