Question

Chief executive officer compensation can be a material amount and is often scrutinized by regulators, analysts, competitors, and investors. For CEOs of publicly traded companies, compensation can consist of salary, bonus, stock option grants, or other stock awards that can be restricted in terms of how long the officers and directors are required to hold the stock. Publicly traded companies are required by the Securities and Exchange Commission to provide disclosures about the components of executive compensation in the company’s annual proxy statement.

Locate the annual proxy statement (the “DEF 14A” filing) submitted to the SEC on March 20, 2015, for Yum Brands, Inc., which owns Kentucky Fried Chicken, Pizza Hut, and Taco Bell restaurants. Locate the Summary Compensation Table within the annual proxy statement and identify the components of the Chairman and Chief Executive Officer’s total compensation for 2014.

Answer 1

The annual proxy statement (the “DEF 14A” filing) submitted to the SEC on March 20, 2015, for Yum Brands, Inc., which owns Kentucky Fried Chicken, Pizza Hut, and Taco Bell restaurants.

According to the Summary Compensation Table within the annual proxy statement provided the Chairman and Chief Executive officers's total compensation for 2014 are given below--

David C. Novak- Chairman & CEO's components of Total compensation---

Salary-$1450000 . Stock Awards- $1925037.Option/SAR Awards-$5228142. Nonequity incentive Plan Compensation -$512,720. Change in Pension Value and Non Qualified Deferred Compensation Earnings-$202,360. All other Compensation-$689028. Total Compensation for 2014-10,007,287.

Here other than Salary at Yum Brands, Inc., Compensations are structured on the performance base with stock awards, Option/SAR Awards, Incentives.

All other compensation includes -

Perquisites and other personal benefits - $300032. Insurance Premiums-$27108. LRP/TCN Contribution(Unfunded,Unsecured Retirement based insurance Plan)-$358150. Other benefits(home security expense, home leave expenses, personal use of Company aircraft, tax preparation assistance and relocation.)-$3738. So Here All other compensations total comes to $689028.