The US Office of Restaurant Company Yum China Holdings Inc is in Plano, Texas and its Operational HQs is in Shanghai, China. Yum China Holdings Inc's Top-Tier Executives Average Pay Raise in US Dollars Was a Blistering 23.8% Per Year During the Five Years (2014-2018) That There Were Top-Tier Executive Compensation Disclosures in US SEC Filings.

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12 and 13, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The 13th Texas Non-Oil & Gas Company I am addressing here is Yum China Holdings Inc.  

From annual compensation information contained in Company Proxy Statement and S-1 filings with the US SEC, the chart at the bottom below shows Yum China Holdings Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past five years. 

Yum China Holdings Inc's Top-Tier Executives Average Pay Raise in US Dollars was a blistering 23.8% per year for the past five years, which is the third highest of the 13 very large Texas Non-Oil & Gas Companies I have addressed so far.

1. American Airlines Group +85.9% per year for nine of the past 10 years
2. LyondellBasell +45.9% per year for the past eight years
3. Yum China Holdings +23.8% per year for the past 5 years
4. D R Horton +20.1% per year for the past ten years
5. Sysco +18.7% per year for the past ten years
6. Waste Connections +18.1% per year for the past ten years
7. Southwest Airlines +18.0% per year for the past ten years
8. AT&T +13.8% per year for the past ten years
9. Waste Management +13.2% per year for the past ten years
10. Match Group +12.2% per year for the past six years
11. Texas Instruments +7.2% per year for the past ten years
12. Crown Castle International +6.3% per year for the past ten years
13. Kimberly-Clark +5.8% per year for the past ten years

As a comparison, Louisville, Kentucky-based YUM! Brands Top-Tier Executives Average Annual Pay Raise was a robust 13.0% per year in the most recent five years, but substantially lower than Yum China Holdings Inc's 23.8% per year.

Yum China Holdings experienced strong but decelerated US dollar annual pretax income growth in the most recent three years:

• Annual 2016 +34% from Annual 2015
• Annual 2017 +21% from Annual 2016
• Annual 2018 +18% from Annual 2017

Then in the first half of 2019, US dollar pretax income declined by 9%  from the first half of 2018. 

	FYE	FYE			FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec			Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Yum China Holdings	2018	2017			2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total			Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp			Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s			$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Joey Wat CEO	10,486	7,567			7,567	4,833		4,833	3,729		N/A	N/A
Jacky Lo CFO	2,375	1,565			N/A	N/A
Johnson Huang General Manager KFC	2,845	3,050			N/A	N/A
Shella Ng Chief Legal Officer	2,461	3,757			3,757	2,717		2,717	1,581		N/A	N/A
Micky Pant Senior Advisor & Former CEO	1,283	9,571			9,571	10,430		10,430	5,090		5,090	3,722		3,722	3,387
Ted Stedem Former CFO					N/A	N/A		2,820	1,151		N/A	N/A
Totals	19,450	25,510			20,895	17,980		20,800	11,551		5,090	3,722		3,722	3,387
Annual % Change vs Prior Year	-23.8%				16.2%			80.1%			36.8%			9.9%
5 Year Average Per Year % Change		23.8%