Novak to retire from Yum! Brands

Novak to retire from Yum! Brands

YUM! Brands Inc. announced that David C. Novak, executive chairman, plans to retire in May following the company's annual shareholder meeting and will step down from the board at that time.

The board plans to appoint a non-executive chairman from among its directors to succeed Novak and will announce that appointment at the company's annual shareholder meeting.

Novak said he feels "deeply privileged to have served over the y

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