Yum China Increases Board to 12 Members

Yum China Holdings has named William Wang and Joey Wat to the company’s board of directors, effective immediately. The appointment increases the size of the board to 12 members, nine of whom are independent.

Wang is one of the founding partners of Primavera Capital Group. Prior to Primavera, he served as a managing director of Goldman Sachs Merchant Banking/Principal Investment Area. Wat has served as president and chief operating officer of Yum China since February 2017. She served as CEO, KFC from October 2016 to February 2017, and was CEO at Yum! Restaurants China from August 2015 to October 2016. Wat joined Yum! Restaurants China in September 2014 as president of KFC China.

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