Aaron Powell to step down from Pizza Hut CEO role
Pizza Hut CEO Aaron Powell said on LinkedIn he will step down when the sale of Pizza Hut to private equity firm LongRange Capital closes this month. Yum Brands previously agreed to sell Pizza Hut for $2.7 billion in two deals, with Yum China closing Pizza Hut China earlier this month. Yum launched a strategic review in November amid weak U.S. sales and market share declines.
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