The parent of Irvine-based Taco Bell Corp. announced a reorganization of its operations that adds international duties for Taco Bell Chief Executive Greg Creed.
Restaurant operator Yum! Brands Inc. of Louisville, Ky., said it plans to combine its U.S. divisions—Taco Bell, KFC and Pizza Hut—with its Yum! Restaurants International division at the start of next year. Yum! Brands President Rick Carucci is set to retire from the company in March.
The reorganization means Creed now oversees the Taco Bell brand globally with the exception of operations in the China and India markets, which remain separate divisions at Yum! Brands.
―Kari Hamanaka
