Two promoted at Yum! Brands China
May 5, 2010
by Eric Schroeder
LOUISVILLE, KY. — Sam Su has been promoted to chairman and chief executive officer for the Yum! Brands China Division at Yum! Brands, Inc. In addition, he will remain vice-chairman of Yum! Brands board of directors. Mr. Su was previously president of Yum! China Division.
“Sam Su is a world class pioneer achieving breakthrough results for Yum! Brands in China and is absolutely committed to driving long-term success,” said David C. Novak, chairman and c.e.o. of Yum! Brands. “He has a solid track record of delivering outstanding performance in our China division, which has grown operating profit from $20 million in 1998 to $600 million in 2009. Sam and his team have created sustainable competitive advantages for us through a strategic focus on growth and innovation.”
In addition to Mr. Su’s promotion, Mark Chu was named president and chief operating officer of Yum! Brands China. Mr. Chu most recently was the China division’s chief development officer.
Yum! Brands China operates across more than 650 cities in mainland China, with 3,544 restaurants, including 2,950 KFC restaurants, 467 Pizza Hut casual dining restaurants and 102 Pizza Hut Home Service units. It also has created and is testing East Dawning, a quick-service restaurant concept serving Chinese food. The company also has purchased interest in Little Sheep, a leader in the “hot pot” restaurant category primarily in China.