Senior KFC Executives Opt for Retirement as Interest Rates Hit Pension Payouts

Increased interest rates result in higher credit card payments for consumers and higher borrowing expenses for businesses.

They are causing senior management at KFC to change.

According to company messages seen by The Wall Street Journal, the chief operating officer for the United States

the chief financial officer, and the director of national field operations have all informed Yum Brands Inc.,

Yum blamed the departures on the effect that rising interest rates were having on its business pension plan in an internal statement to staff members and franchisees. 

Some Yum! and its brands employees who are eligible for pensions have elected to retire in 2022 as a result of these interest rates


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