David Novak stepping down as Yum! Brands CEO
Greg Creed -- the Taco Bell CEO -- will take Novak's place.
LOUISVILLE, Ky. (WDRB) -- Yum! Brands is about to get a new CEO.
David Novak, who has served in the top spot since 1999, is stepping down to become the executive chairman.
Greg Creed -- the Taco Bell CEO -- will take Novak's place. Creed is credited with the rollout of Taco Bell's popular Doritos Locos Tacos, which has helped boost the chain's image and sales.
The switch will take place next year.
Copyright 2014 by WDRB News. All rights reserved.