Yum! Brands Appoints Former Marriott International CFO Kathleen (Leeny) K. Oberg to Board

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced the appointment of Kathleen (Leeny) K. Oberg, former Chief Financial Officer and Executive Vice President, Development of Marriott International, Inc., to its Board of Directors, effective April 1, 2026.

“Leeny is a highly accomplished leader with deep global experience and a strong track record of driving disciplined growth,” said Brian Cornell, non-executive chairman of the Yum! Brands Board of Directors. “Her expertise and perspective will be a strong addition to our board and will help guide our strategy. We are pleased to welcome her to Yum! Brands.”

“We are thrilled to welcome Leeny to the Yum! Brands Board of Directors,” said Chris Turner, Chief Executive Officer, Yum! Brands. “With nearly three decades at Marriott International, her impressive background includes driving growth, financial discipline and operational performance. Her experience will be an asset as we work to raise the bar across our business and accelerate strong unit economics for our franchisees.”

About Kathleen (Leeny) K. Oberg

Ms. Oberg served as Marriott International, Inc.’s Chief Financial Officer from 2016 until 2026 and Executive Vice President, Development of Marriott from 2023 until 2026.

Previously, Ms. Oberg was the Chief Financial Officer for The Ritz-Carlton from 2013-2015, where she contributed significantly to the brand’s performance, growth and organizational effectiveness. Prior to that role, Ms. Oberg served in a range of financial leadership positions with Marriott, including Senior Vice President, Corporate and Development Finance and Senior Vice President, International Project Finance and Asset Management for Europe, the Middle East and Africa.

Ms. Oberg first joined Marriott as part of its Investor Relations group in 1999. Prior to that, she held a variety of financial leadership positions with Sodexo (previously Sodexo Marriott Services), Sallie Mae, Goldman Sachs and Chase Manhattan Bank. Ms. Oberg was previously a member of the American Hotel and Lodging Association's IREFAC Council. She currently serves on the Board of Directors of Adobe, Inc.

She earned a bachelor’s degree in commerce with concentrations in finance and management information systems from the University of Virginia’s McIntire School of Commerce, and she received an MBA from Stanford University’s Graduate School of Business.

About Yum! Brands

Yum! Brands, Inc., and its subsidiaries franchise or operate more than 63,000 restaurants across over 155 countries and territories under its iconic brands — KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. KFC, Taco Bell and Pizza Hut are global leaders in the chicken, Mexican-inspired food and pizza categories, respectively. Habit Burger & Grill is a fast-casual concept known for made-to-order chargrilled burgers, sandwiches and more.

Fueled by Yum!’s Recipe for Good Growth, KFC, Taco Bell and Pizza Hut led Entrepreneur's 2026 Franchise 500 rankings and its Top Global Franchises 2025 list. In 2026, Yum!’s unrivaled culture and talent led it to be named one of TIME magazine’s list of Best Companies for Future Leaders for the third consecutive year.