1. Shareholder Takes Aim at Yum Brands’ Executive Bonuses

    Shareholder Takes Aim at Yum Brands’ Executive Bonuses

    A Yum Brands shareholder is pushing back against the company’s executive pay packages, citing one-time stock bonuses given to some of the Louisville, Ky.-based brand operator’s top officials. Yum, which owns KFC, Taco Bell, Pizza Hut and Habit Burger, last year gave its top executives, including CEO David Gibbs, one-time awards based on unit count growth at the company...

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    1. We strongly believe that executives at large companies like Yum are already well compensated without special equity awards.
    2. When you add special awards it distorts the performance element.
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