Yum! Brands Chairman and CEO David Novak will ring The Opening BellSM in honor of being named “2012 CEO of the Year” by Chief Executive Magazine.
Watch the video of the ringing.
Novak was recognized in front of more than 200 leading CEOs and other executives at an event hosted by NYSE Euronext and the Chief Executive Group at the New York Stock Exchange last night.
Novak is one of an elite group of executives recognized with this annual honor since its inception in 1986. He was selected by a group of his peers for Yum!'s sustained performance and the high level of employee engagement, leadership development and strategic alignment of the Company and its people under his leadership. Novak’s commitment to recognition and his people was one of the defining characteristics that impressed the members of the 2012 CEO of the Year Selection Committee. Yum!’s innovativeness in establishing its brands so vigorously in emerging markets also impressed his peers.
About Yum! Brands, Inc. (NYSE: YUM)
Yum! Brands, Inc., based in Louisville, Kentucky, is the world's largest restaurant company in terms of system restaurants with nearly 38,000 restaurants in more than 120 countries and territories. Yum! is ranked #213 on the Fortune 500 List with revenues of more than $12 billion in 2011. The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opened approximately four new restaurants each day of the year, making it a leader in international retail development.
About Chief Executive Group
Chief Executive Group enhances the effectiveness of CEOs and the organizations they lead. The company produces Chief Executive magazine (published since 1977), ChiefExecutive.net, original research, conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Visit ChiefExecutive.net for more information.