Yum Brands' Chairman David Novak to retire in May

Reuters

Published Jan 05, 2016 04:47PM ET

Yum Brands' Chairman David Novak to retire in May

(Reuters) - Yum Brands Inc (N:YUM), the owner of Pizza Hut and KFC restaurant chains, said executive chairman and former CEO David Novak plans to retire in May.

The company said it plans to appoint a non-executive chairman from the board.