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YUM! BRANDS, INC.-2013 Form10-K 11
Form 10-K
PART I
ITEM 4Mine Safety Disclosures
Customers
The Concepts’ restaurants serve a large and diverse cross-section of the public, and in the course of serving so many people, disputes arise regarding
products, service, accidents and other matters typical of large restaurant systems.
Intellectual Property
The Company has registered trademarks and service marks, many of which are of material importance to the Company’s business. From time to time,
the Company and its Concepts may become involved in litigation to defend and protect its use and ownership of its registered marks.
Shareholders
As a publicly-traded company, from time-to-time, disputes arise with our shareholders, including allegations that the Company breached federal securities
laws as a result of material misstatements or omissions. In addition, shareholders may bring claims derivatively on behalf of the Company against officers
and/or directors alleging claims such as breaches of fiduciary duties, waste of corporate assets or unjust enrichment.
ITEM 4 Mine Safety Disclosures
Not applicable
Executive Officers of the Registrant
The executive officers of the Company as of February 18, 2014, and their
ages and current positions as of that date are as follows:
David C. Novak, 61, is Chairman of the Board and Chief Executive Officer
of YUM. He has served in this position since January 2001.
Jing-Shyh S. Su, 61, is Vice-Chairman of the Board of YUM and Chairman
and Chief Executive Officer of YUM Restaurants China. He has served
in this position since May 2010. He has served as Vice-Chairman of the
Board of YUM since March 2008, and he served as President of YUM
Restaurants China from 1997 to May 2010.
Scott O. Bergren, 67, is Chief Executive Officer of Pizza Hut and Chief
Innovation Officer of YUM. He has served as Chief Executive Officer of
Pizza Hut since January 2014 and as Chief Innovation Officer of YUM
since February 2011. Prior to these positions, Mr. Bergren served as Chief
Executive Officer of Pizza Hut U.S. from February 2011 to December
2013 and as President and Chief Concept Officer of Pizza Hut U.S. from
November 2006 to January 2011.
Jonathan D. Blum, 55, is Senior Vice President, Chief Public Affairs
Officerand Global Nutrition Officer of YUM. He has served as Senior
Vice President and Chief Public Affairs Officer since July 1997. In March
of 2012, his title and job responsibilities were expanded to include Global
Nutrition Officer.
Anne P. Byerlein, 55, is Chief People Officer of YUM. She has served in
this position since December 2002.
Christian L. Campbell, 63, is Senior Vice President, General Counsel,
Secretary and Chief Franchise Policy Officer of YUM. He has served as
Senior Vice President, General Counsel and Secretary since September1997
and Chief Franchise Policy Officer since January 2003.
Richard T. Carucci, 56, is President of YUM. He has served in this position
since May 2012. Prior to this position, Mr. Carucci served as Chief Financial
Officer of YUM, a position he held beginning in March 2005. Mr. Carucci
will retire as President of YUM in March 2014.
Greg Creed, 56, is Chief Executive Officer of Taco Bell. He has served in
this position since February 2011. Prior to this position, Mr. Creed served
as President and Chief Concept Officer of Taco Bell, a position he held
beginning in December 2006.
Roger Eaton, 53, is President of KFC and Chief Operations Officer of
YUM. He has served as President of KFC since January 2014 and as
Chief Operations Officer of YUM since November 2011. Prior to these
positions, Mr. Eaton served as Chief Executive Officer of KFC U.S. and
YUM Operational Excellence Officer from February 2011 to November
2011. He was President and Chief Concept Officer of KFC U.S. from
June 2008 to February 2011.
Patrick Grismer, 52, is Chief Financial Officer of YUM. He has served in this
position since May 2012. Prior to this position, Mr. Grismer served as Chief
Planning and Control Officer, a position he held beginning January2011.
Mr. Grismer served in as Chief Financial Officer of YRI from June 2008
to January 2011.
Muktesh Pant, 59, is Chief Executive Officer of KFC. He has served in
this position since January 2014. Prior to this position he served as Chief
Executive Officer of YRI from December 2011 to December 2013. Mr.
Pant served as President of YRI from May 2010 to December 2011 and
as President of Global Brand Building for YUM from February 2009 to
December 2011. He served as the Chief Marketing Officer of YRI from
July 2005 to May 2010.
David E. Russell, 44, is Vice President, Finance and Corporate Controller
of YUM. He has served in this position since December 2012. He has been
Vice President and Corporate Controller since February 2011. Effective
December 2012, his duties and title were expanded to include Vice
President, Finance. From November 2010 to February 2011, Mr. Russell
served as Vice President, Controller-Designate. From January 2008 to
November 2010, he served as Vice President and Assistant Controller.
Executive officers are elected by and serve at the discretion of the Board
of Directors.