Yum Brands on Wednesday named Chris Turner the company’s new chief financial officer.
The Louisville, Ky.-based owner of KFC, Taco Bell and Pizza Hut will assume the job in August and will be responsible for finance, corporate strategy, supply chain and information technology.
The 44-year-old will take over those responsibilities from David Gibbs, who was named president and chief operating officer earlier this year.
Turner, who will report to CEO Greg Creed, comes to Yum from PepsiCo, where he most recently was senior vice president and general manager and led the company’s retail and e-commerce business with Walmart in the U.S. and more than 25 other countries.
“Chris brings nearly 20 years of strategy, finance, M&A, and operations leadership to Yum Brands,” Creed said in a statement.
Before leading PepsiCo’s Walmart business, Turner was the senior vice president of transformation for PepsiCo’s Frito-Lay North America business. He previously led the long-term strategic planning processes related to growth acceleration, category expansion and M&A for Frito-Lay. Before that, he spent 13 years with consulting firm McKinsey & Co.