Yum names director Walter its next chairman

|By:, SA News Editor

Bob Walter, 70, will become YUM Brands' non-executive chairman following the fast-food giant's May 20 annual meeting. Walter has been Yum's Lead Director since 2006, and is the founder of healthcare product provider Cardinal Health. (Press Release)

Walter will replace David Novak, 63, who announced in January he would step down as executive chairman following the annual meeting.

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