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Yum! Brands - Chmn., Pres. & CEO Interview.

Publication: Finance Wire

Publication Date: 29-AUG-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO

MARK HAINES, CNBC ANCHOR: David Novak, chairman and CEO of Yum! Brands, our guest host, runs a multi-billion dollar business.

You`ve obviously got a lot of -- hundreds of stores in that area.

DAVID NOVAK, CHMN., PRES. & CEO, YUM! BRANDS: Yes.

HAINES: But I assume runs about the national average, maybe 75 percent of them are franchisees and 25.

NOVAK: Mostly franchise along the...

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