CEO Updates at Yum! and Tailored Brands

A men’s retailer and a fast-food giant have recently named new top executive. They are:

Tailored Brands Inc. (Houston), an omnichannel menswear retailer, which announced that President John Tighe has been promoted CEO and will join its board, effective Aug. 5. Current CEO Peter Sachse will transition to the board’s executive chairman. The retailer’s brands are Men’s Wearhouse (635 stores), Jos. A. Bank (180-plus), Moores (126, all in Canada) and K&G Fashion Superstore (85-plus).

Yum! Brands Inc. (Louisville, Ky.), which said its board unanimously elected Chris Turner, 50, as CEO, effective Oct. 1. Turner, who currently serves as Chief Financial & Franchise Officer at the company, will succeed 37-year Yum! veteran David Gibbs, who informed the board in March that he intended to retire later this year. The enterprise Turner will run consists of nearly 61,000 restaurants in more than 155 countries and territories operating under the KFC, Taco Bell, Pizza Hut and Habit Burger & Grill flags.