Yum! Brands Inc. has appointed David Gibbs, 50, as president of its Pizza Hut business in the U.S., effective immediately. According to a news release, Gibbs will report to Scott Bergren, Pizza Hut CEO.
In November 2013, Yum! Brands Inc. announced it would reorganize its business to "drive greater brand and geographic focus." Effective Jan. 1, the reorganization became effective and the company combined its Yum! Restaurants International and the U.S. individual divisions for KFC, Pizza Hut and Taco Bell. Yum! Restaurants China and Yum! Restaurants India remain separate divisions.
Gibbs joined the company in 1989. He began his career in development and his roles included VP of Development at KFC and at Yum! In 2006, he was promoted to CFO of Pizza Hut in the U.S., then to CFO at Yum! Restaurants International, and most recently served as president and CFO of YRI.
"David Gibbs is a champion for growth," Bergren said. "He is an outstanding business leader, with strong strategic and brand building skills, and a demonstrated ability to work effectively with franchisees, share best practices, and build people capability."
Gibbs steps into the role vacated by Bergren, who was promoted to global brand leader for Pizza Hut during the recent reorganization.
Read more about operations management.