Yum China Holdings Inc.
which operates KFC and Pizza Hut restaurants in China, said late Friday Chief Financial Officer Jacky Lo, who has served since June 2017, plans to leave the company “to pursue professional opportunities in Hong Kong to be closer to his family.” Lo will step down on Oct. 16, Yum China said. Ka Wai Andy Yeung will be the CFO effective on the same day, it said. Yeung has served as CFO of fintech company Smart Finance International Ltd. and of Cheetah Mobile Inc.
a mobile internet company headquartered in Beijing. Yeung will join Yum China on Sept. 16 as chief financial officer-designate. Shares of Yum China were flat in the extended session after ending the regular trading day down 0.7%.
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