June 17 (Reuters) - Yum Brands ( YUM ) on Tuesday named

its finance chief Chris Turner as its CEO, succeeding company

veteran David Gibbs, who is retiring next year.

Turner, who has been the company's CFO since 2019 will take

charge as CEO from October 1.

Gibbs will remain at Yum Brands ( YUM ) in an advisory capacity

until the end of 2026, the company said. Gibbs has been with Yum

Brands ( YUM ) for about 37 years, and took over as CEO of the Taco Bell

parent in 2020.

Turner has previously worked with packaged food giant

PepsiCo ( PEP ), as well as consulting firm McKinsey & Co.