Yum CEO rakes in $10M salary

April 13, 2008

Forbes: Yum Brands Inc. chief executive David Novak received compensation in 2007 valued at about $10.6 million, according to a proxy statement filed Friday with the Securities and Exchange Commission.

The company said it raised his salary by 8 percent to reward Novak for his performance during the year. He also was awarded $4.7 million in a performance-based bonus.