Yum! Brands’ executive compensation programs, with oversight by the Management Planning and Development Committee of the Board, are designed to support our long-term growth model, while holding our executives accountable to achieve key annual results year over year. Reviewed annually by the Committee, the program has the following objectives:
- Reward performance
- Emphasize long-term value creation
- Drive ownership mentality
- Retain and reward the best talent to achieve superior shareholder results
To strengthen the alignment between management and shareholder interests, the Management Planning and Development Committee has adopted formal stock-ownership guidelines, which set minimum expectations for executive and senior management ownership of Yum! Brands stock. We have created an ownership culture in which our officers, executives and senior managers hold Yum! Brands stock well in excess of the guidelines.
Tables detailing total compensation and stock-based awards paid, earned or awarded for fiscal year 2015 to our CEO, CFO and three other most highly compensated executive officers can be found in our 2016 Proxy Statement.