Louisville, Kentucky-Based YUM! Brands Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Blistering 22.8% Per Year During the Most Recent Three Years

The State of Kentucky is holding its 2019 Governor's election on November 5, 2019.

Thus I think it would be helpful to research the extent of income inequality expansion in the State of Kentucky in the most recent three to five years.

So far in my research of large US Corporations I have shown that their Top-Tier Executives have been rewarded continually with just enormous annual increases in pay and employee benefits, mostly stock equity compensation, even to the extent that the key issue to US citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

There have been many US Government laws enacted in the past two decades that have substantially increased income inequality expansion including the year after year after year of annual furtive tax extenders of predominately special interests additional tax loopholes, which both the Democratic and Republican Establishments voted for under the radar screen every year just before calendar year end, but nothing was even close to being more income inequality expanding than the Trump Tax Cuts Act.

On the other hand, the only highly effective US Government law enacted by either party in the past two decades that has substantially reduced income inequality expansion is Obamacare.

My objective is to get a better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay and employee benefits percentage increases for the executives of a Company vs the many non-executive employees of a Company, coupled with the stock price appreciation subsequent to the time the company executives were rewarded in their pay with stock equity compensation.

In my study here of large Kentucky Companies I will be doing this research by largest stock market capitalization and thus the second Kentucky Company I am addressing here is YUM! Brands Inc.

From annual compensation information contained in Company Proxy Statement filings with the US Securities and Exchange Commission, the table below shows YUM! Brands Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent five years.
   
YUM! Brands Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a blistering 22.8% per year during the most recent three years and 13.0% per year for the most recent five years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
YUM! Brands	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
Greg Creed CEO of YUM	14,007	12,369		12,369	15,381		15,381	7,493		7,493	4,974		4,974	4,035
David Gibbs President and CFO of YUM	6,997	7,534		7,534	6,628		N/A	N/A
Roger Eaton Retired CEO of KFC Division	4,525	5,139		5,139	5,245		N/A	N/A
Tracy Skeans Chief People Officer of YUM	4,073	3,562		N/A	N/A
David Russell SVP Finance of YUM	1,702	1,933		1,933	2,045		N/A	N/A
Marc Kesselman Former General Counsel	2,930	2,749		N/A	N/A
Brian Niccol Former CEO Taco Bell Division				4,677	6,174		6,174	4,740		N/A	N/A
Patrick Grismer Former CFO							N/A	N/A		3,510	2,952		2,952	2,979
Micky Pant Former CEO YUM Restaurants China							N/A	N/A		5,090	3,722		3,722	3,387
David Novak CEO of YUM										4,863	10,828		10,007	10,007
Jing-Shyh S Su CEO YUM Restaurants China										9,317	10,808		10,828	10,318
Totals	34,234	33,286		31,652	35,473		21,555	12,233		30,273	33,284		32,483	30,726
Annual % Change vs Prior Year	2.8%			-10.8%			76.2%			-9.0%			5.7%
3 Year Average Per Year % Change		22.8%
5 Year Average Per Year % Change		13.0%