SHANGHAI, China – Yum China Holdings, Inc. has announced the appointment of Mr. David Hoffmann to the Board of Directors, effective immediately. Mr. Hoffmann will serve as a member of the Audit Committee of the Board. Following the appointment, the Board is comprised of 10 directors, nine of whom are independent.
“We are honored to have Dave join our Board of Directors,” said Yum China’s Independent Chairman Dr. Fred Hu. ”Dave brings to us unique perspectives through his leadership experience in the global restaurant industry, strong operational expertise, and deep knowledge about doing business in China and Asia Pacific. I am confident he will prove a valuable addition to our Board.”
Joey Wat, CEO of Yum China commented, “Dave’s extensive experience in spearheading operational and business transformations will be invaluable as we continue to execute our RGM (Resilience-Growth-Moat) strategy. I look forward to Dave’s insights and contribution to our Board as together we work to deliver sustainable growth and long-term shareholder value.”
David Hoffmann, age 55, has served as the chairman and chief executive officer of Mammoth Holdings, a Dallas-based conveyor car wash operator since October 2021.
Prior to joining Mammoth Holdings, Mr. Hoffmann held a variety of top leadership positions in the global quick service restaurant industry. Mr. Hoffmann served as Director and CEO of Dunkin’ Brands from 2018 to 2020 and as President, Dunkin’ U.S. from 2016 to 2018.
Prior to joining Dunkin’ Brands, Mr. Hoffmann served as an executive for McDonald’s Corporation for 20 years in increasing areas of international responsibility, including as President of High Growth Markets, President of Asia Pacific, Middle East & Africa (APMEA), Senior Vice President and Restaurant Support Officer for APMEA, Vice President of Strategy, Insights and Development for APMEA, and Executive Vice President of McDonald’s Japan.
Mr. Hoffmann received his master’s degree of business administration (MBA) from the University of Chicago in 1996.
