Restaurant Job Resource - Yum! Brands Restaurant News

Carucci has served as the Company’s Chief Financial Officer since 2005. Reporting to Carucci will be the leaders of Taco Bell, KFC and Pizza Hut in the U.S., Yum! Restaurants International (YRI) and Corporate Finance.

Strong Sales and Operating Profit Growth Across All Divisions; Raises Full-Year 2012 EPS Growth Foreca

Yum! Brands Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.285 per share of common stock. The quarterly dividend will be distributed May 4, 2012, to shareholders of record at the close of business on April 13, 2012.

Worldwide system sales grew 7%, prior to foreign currency translation, including 29% in China and 8% at YRI. System sales in the U.S. were even.

Raises 2011 EPS Growth Forecast to at Least 13%, Excluding Special Items; Will Host Investor Update Meeting Wednesday, December 7, 2011

The Company also announced that Micky Pant, 57, was promoted to Chief Executive Officer of YRI, replacing Graham Allan, 56, who is retiring from the Company early in 2012.

The appointment will become effective at the Company’s next Board meeting on January 26, 2012.

Operating profit grew 7% in China and 3% at Yum! Restaurants International

Yum! Brands, Inc. (NYSE: YUM) today announced it has signed definitive agreements to sell Long John Silver’s, Inc. and A&W Restaurants, Inc. to two separate buyers led by key franchisee leaders. Both sales are subject to customary closing conditions.

The quarterly cash dividend will increase from $0.25 to $0.285 per share and will be effective with the dividend payment to be distributed on November 4, 2011 to shareholders of record at the close of business on October 14, 2011. This increase raises the annual dividend rate to $1.14 a share.