How KFC Is Different in China, and Other Insights from Yum China's CEO
CEO Joey Wat oversees thousands of KFC, Pizza Hut and Taco Bell restaurants in China.
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Show Notes
While KFC, Pizza Hut and Taco Bell have their roots in the U.S., the restaurants have a big fan base in China. Yum China, which spun off from Yum! Brands in 2016, runs 14,000 restaurants in over 1,900 cities and - under CEO Joey Wat - is growing fast. Wat told Leadership Next host Alan Murray the company is opening several new locations each day.
Unlike their American counterparts, the majority of these restaurants are not owned by franchisees. But the differences don't stop there as Wat explains. (Durian pizza, anyone?) Also in this episode: Wat's journey to the C-suite, what she looks for when hiring, and how she thinks about building sustainability into the business.