News Digest: After a 2006 shake-up at Yum, an executive named Hearl rose to the top position. But now Hearl is out, replaced by someone named Eaton.
Yum executive Hearl will retire(From the Courier Journal, via Language Log.)
Eaton to be new development chiefBy Alex Davis
alexdavis@courier-journal.com
The Courier-Journal
Yum! Brands announced yesterday that the company's chief operating and development officer is retiring a year after he was promoted from president of Pizza Hut.
The Louisville-based fast-food company said Peter Hearl, 56, has decided to leave at the end of March after 17 years at Yum and its predecessor, PepsiCo. He will be succeeded by Roger Eaton, a Yum veteran of 12 years who now oversees the company's restaurants in Australia and the South Pacific.
"Roger Eaton is the perfect choice as Yum's new chief operating and development officer," David Novak, Yum's chief executive officer, said in a statement yesterday. "He is one of our very best leaders, with enormous talent, strategic thinking, energy, commitment and a stellar track record of consistent results."
Hearl's appointment on Dec. 1, 2006, was part of a shake-up of Yum's domestic management team. At the time, Yum faced lackluster domestic sales at many of its brands, including Taco Bell and Pizza Hut.
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