Who is the owner of KFC?

KFC is owned by Yum! Brands, Inc. The fast food chain is most recognized for being the parent company of Taco Bell, Pizza Hut, and KFC. Before Yum Brands, KFC was a part of PepsiCo's Tricon Global Restaurants, which was formerly known as Tricon. At Yum! Brands, David Gibbs serves as both the director and CEO.

Colonel Harland Sanders, a businessman who started serving fried chicken out of his roadside eatery in Kentucky in 1930, launched KFC. in the midst of the Great Depression. The first "Kentucky Fried Chicken" franchise opened its doors in 1952 when Sanders saw the potential of the restaurant franchising idea.

But the business's explosive growth outgrew the elderly Sanders, and in 1964 he sold it to a group of investors headed by Jack C. Massey and John Y. Brown Jr.

Heublein, a liquor wholesaler, purchased KFC in the early 1970s. The R. J. Reynolds food and tobacco giant then purchased the chain and sold it to PepsiCo. In 1987, the chain became the first Western restaurant chain to launch in China, and it was the first to go global.

In 1997, PepsiCo separated its restaurant business to form Tricon Global Restaurants, which subsequently rebranded as Yum! Brands. Tricon Global Restaurants also purchased Taco Bell, Pizza Hut, and KFC.

In 2002, it purchased the root beer business AW Restaurants and the seafood restaurant Long John Silver's. Additionally, the corporation renamed itself Yum! Brands based on its ticker symbol at this time.

Institutional investors like Capital Research Management Co. (13.9% of all shares), T. Rowe Price Associates, Inc. (11.8% of all shares), and The Vanguard Group, Inc. (7.6% of all shares) are the biggest owners of Yum! Brands and, eventually, KFC.

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