Yum! Brands, Inc. (NYSE: YUM) today announced the appointment of Stephen B. Bratspies, former Chief Executive Officer of HanesBrands, Inc., to its Board of Directors, effective August 26.
"Steve is a respected business leader with extensive experience leading global consumer brands and driving operational excellence at scale," said Brian Cornell, Non-Executive Chairman of the Yum! Brands Board of Directors.
"His deep expertise across retail, brand management and consumer products, combined with his public company leadership experience, will bring valuable perspective to our board.”
Bratspies most recently served as Chief Executive Officer of HanesBrands, Inc., where he also served as a member of the company's Board of Directors.
Prior to joining HanesBrands, Bratspies served as Chief Merchandising Officer at Walmart Inc., where he also held several other senior leadership positions, including Executive Vice President, Food, and Executive Vice President, General Merchandise, where he oversaw key merchandising and business operations across the company's U.S. business.
Earlier in his career, Bratspies served as Chief Marketing Officer of Specialty Brands, a frozen foods company, and held various executive leadership positions at PepsiCo, Inc.
YUM shares began Friday down $1.71, or 1.1%, to $150.60.
