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BRIEF-Yum! Brands Board Elects David Gibbs As Chief Executive Officer

Aug 12 (Reuters) - Yum! Brands Inc:

* YUM! BRANDS ANNOUNCES CEO SUCCESSION PLAN TO DRIVE NEXT CHAPTER OF GLOBAL GROWTH, EFFECTIVE JANUARY 1, 2020

* YUM BRANDS - BOARD ELECTS DAVID GIBBS AS CHIEF EXECUTIVE OFFICER OF YUM! BRANDS

* YUM BRANDS - BOARD ELECTS DAVID GIBBS AS CHIEF EXECUTIVE OFFICER OF YUM! BRANDS

* YUM BRANDS - GIBBS WILL SUCCEED GREG CREED WHO ANNOUNCES DECISION TO RETIRE AFTER 25-YEAR CAREER WITH COMPANY

* YUM BRANDS - CREED REMAINS CEO THROUGH END OF 2019 TO ENSURE A SMOOTH AND SEAMLESS TRANSITION

* YUM BRANDS - CREED WILL SERVE AS A PART-TIME ADVISOR NEXT YEAR AND ALSO REMAIN ON YUM! BRANDS BOARD OF DIRECTORS Source text for Eikon: Further company coverage: