Top CEOs of The World Number 6: David Novak of Yum Brands
Who is David Novak?
David Novak stands as one of the most recognized businessmen not only in America but across the globe as well. “He [Novak] is ranked among the top CEOs in the world in terms of the achievements he has made so far,” said Issa Asad Florida-based entrepreneur since 1996. Asad is also the CEO of 2 companies all located in South Florida, including Q Link Wireles and Quadrant Holdings. Novak is currently the CEO of Yum brands.
Novak pursued a bachelor’s degree in Journalism from the University of Missouri. However, his profession took a different direction when he decided to venture into business. He once held the position of Chief Operating Officer in the Pepsi-Cola Company situated in North America. Novak also operated in the same company as the Executive Vice President in the marketing and national Sales department.
It was until the Yum Brands Company was opened that Novak was named the Chief Executive Officer of the same. He has managed to lead the company with utmost integrity and professionalism. Not so long ago, Novak was featured in The Chief Executive Magazine as the CEO of the year.
What is Yum Brands?
This is an American based fast food company. However, Yum Brands operates in different countries across the globe. The company was established back in 1997 and since then, a landmark growth has been registered. Today, the company has several branches worldwide with more yet to be established.
Yum Brands is recognized as one of the largest restaurants in the world. This is with regard to the system that it operates under and the number of branches it has. Approximately 41,000 branches are available in over 125 countries. It is also recognized as one of the restaurants that make the highest returns in the world. Its annual sales stands are an average of $13 billion.
Yum Brands operates under different names all over the world. Some of the licensed brand names of the same company are WingStreet, KFC, Pizza Hut and Taco Bell. All the mentioned names are rooted to Yum Brands, under the governorship of David Novak.
The expansion of Yum Brands has been ongoing since 2002. Plans are in place to ensure that more branches across the globe are established. The company has always been known to offer quality fast food.
How Has David Novak Led Yum Brands?
The leadership of David Novak in Yum Brands has been termed incredible across the globe. Since he assumed the position of CEO in the company, a lot of developments have been registered. Back in 2012, Novak clinched the top position as the CEO of the year, according to The Chief Executive magazine. This proved his ability to lead a global fast food company.
Major improvements have been registered in the company for the last couple of years. In 2014 alone, Yum brands recorded an annual sale of $13 billion. This is a major improvement as compared to performances in the previous years.
Under the same leadership of Novak, Yum Brands has managed to open numerous branches across the globe. This includes branches in African, European, and American countries. The services of Yum Brands have already gone viral in the globe, thanks to the able leadership of Novak.
