financetom
Business
financetom
/
Business
/
Yum China CFO to resign
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Yum China CFO to resign
Aug 5, 2024 2:18 PM

(Reuters) -Yum China Holdings said finance chief Andy Yeung intends to resign for personal reasons, effective Sept. 30.

Adrian Ding, the company's chief investment officer, has been named as acting CFO, effective Oct. 1.

Yeung, who has served as Yum China's chief financial officer since October 2019, will serve as senior adviser to the company's CEO Joey Wat from Oct. 1 to Feb. 28, 2025.

The company also named Mikel Durham to the board, increasing the size of its board to 12 directors.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil D'Silva)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Beyond Meat Slashes Jobs And Suspends China Operations Amid Mixed Q4 Results; Stock Falls
Beyond Meat Slashes Jobs And Suspends China Operations Amid Mixed Q4 Results; Stock Falls
Feb 27, 2025
Beyond Meat Inc ( BYND ) shares are trading lower in premarket on Thursday. The company reported fourth-quarter sales growth of 4% year-on-year to $76.66 million, beating the analyst consensus estimate of $75.31 million. The increase in net revenues was primarily driven by a 6.3% increase in net revenue per pound, partially offset by a 2.1% decrease in volume of...
Commerzbank on Overnight News
Commerzbank on Overnight News
Feb 27, 2025
06:21 AM EST, 02/27/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Thursday highlighted: Markets: United States Treasuries rally into New York close, retreat in Asia. Asian equities are mixed, e-minis supported. EUR below $1.047, Brent steady around $72.8/barrel. Fed: Atlanta Federal Reserve President Raphael Bostic says policy is restrictive and needs to stay restrictive. He sees inflation...
Royal Bank of Canada's Fiscal Q1 Adjusted Earnings, Revenue Rise
Royal Bank of Canada's Fiscal Q1 Adjusted Earnings, Revenue Rise
Feb 27, 2025
06:22 AM EST, 02/27/2025 (MT Newswires) -- Royal Bank of Canada ( RY ) reported fiscal Q1 adjusted earnings Thursday of 3.62 Canadian dollars ($2.53) per diluted share, up from CA$2.85 a year earlier. Analysts polled by FactSet expected CA$3.25. Revenue for the fiscal quarter that ended Jan. 31 was CA$16.74 billion, up from CA$13.49 billion a year earlier. Analysts...
Verona Pharma Q4 Loss Widens
Verona Pharma Q4 Loss Widens
Feb 27, 2025
06:18 AM EST, 02/27/2025 (MT Newswires) -- Verona Pharma ( VRNA ) reported a Q4 loss Thursday of $0.05 per diluted share, compared with a loss of $0.02 a year earlier. Analysts polled by FactSet expected a loss of $0.19. Revenue for the quarter ended Dec. 31 was $36.7 million. The company did not report any revenue in the year-ago...
Copyright 2023-2026 - www.financetom.com All Rights Reserved