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od **gsnoopy520** » stř 03. dub 2019 6:40:30

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About the Author

Jack William is associated with Florida roofing company and is well known for Florida professional roofing. For more information please visit http:safeguardroofing.net

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？By Wang Zhuoqiong

BEIJING, Aug. 21 (Xinhuanet) --Yum Brands Inc, owner of KFC and Pizza Hut chains Yeezy Boost 750 Dames Sale , has revamped its top management team in China after incumbent chairman and chief executive Sam Su retired from his post.

Su, who was instrumental in the fast-food chain's expansion and setting up of more than 4,000 KFC restaurants in the country, will be replaced by company veteran Micky Pant, currently CEO of the KFC unit.

Su will Yeezy Boost 700 Dames Sale , however, serve as executive adviser till February next year and remain on Yum's board to assist with the transition. The new management is set to take the helm at a time when the fast-food chain has been witnessing sluggish sales and reeling from a tainted meat scandal.

The company also said that Joey Wat, 44, the president of KFC China, and Peter Kao Yeezy Boost 350 Dames Sale , 58, senior vice-president and brand general manager of Pizza Hut China, have been promoted to the position of chief executive officer of KFC and Pizza Hut, respectively, and report to Pant.

Greg Creed Yeezy Boost 700 V2 Dames Sale , chief executive officer of Yum Brands, acknowledged Su's key role in building up the company's presence in China over the years. ""Su is a restaurant industry pioneer who established KFC and Pizza Hut as global powerhouses in the world's fastest-growing economy,"" Creed said.

Ben Cavender, principal at China Market Research Group, said Su Adidas NMD Dames Sale , who was with Yum in China since inception, was the right person to run the brand at a time when it had just four stores and little competition. ""But it is a different ball game to run 4,000 stores,"" he said.

""Yum has been slow to adjust to changing consumer demands. The company is banking on the new management team to implement these changes quickly and regain trust and confidence of consumers,"" Cavender said.

In July last year Adidas Superstar Supercolor Dames Sale , Shanghai Husi Food Co Ltd, a supplier to McDonald's, KFC and Pizza Hut, was found to be using expired meat in its products. The scandal has left a lingering impression on Chinese consumers and weakened fast-food chains performance.

Yum posted a 4 percent fall in China sales during the second-quarter. Restaurant margins decreased by 2.2 percentage points to 14.6 percent, while operating profit declined by 25 percent.

The fast-food giant's performance was in stark contrast to the strong performance of the food and beverage industry in China during the first seven months Adidas Superstar Slip On Dames Sale , according to the China Cuisine Association. The industry recorded a year-on-year growth of 11.6 percent and revenue of 1.76 trillion yuan ($275 billion) between January and July.

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