Pizza Hut CEO Aaron Powell Resigns Following $2.7 Billion Sale

Yum Brands CEO Aaron Powell resigns after Pizza Hut is sold for $2.7 billion.

TruthFoundry News Desk

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As of 2026-09-02 16:04 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Yum Brands announced on September 1 that it completed the sale of Pizza Hut for a combined $2.7 billion. ^[1] Yum Brands announced in a regulatory filing on Tuesday that Aaron Powell, the chief executive of Pizza Hut, has resigned from his role and other positions with the company following the completion of the chain's sale. ^[2] Yum Brands sold its Pizza Hut stores in the U.S. and the rest of the world except for mainland China to private equity firm LongRange Capital for $1.5 billion. ^[3] Aaron Powell announced his departure in a LinkedIn post in August and stated that LongRange Capital had offered him a continuing role. ^[4]

What this stands on

Yum Brands announced on September 1 that it completed the sale of Pizza Hut for a combined $2.7 billion. ·

Investing.com

Yum Brands announced in a regulatory filing on Tuesday that Aaron Powell, the chief executive of Pizza Hut, has resigned from his role and other positions with the company following the completion of the chain's sale. · The Manila Times

Yum Brands sold its Pizza Hut stores in the U.S. and the rest of the world except for mainland China to private equity firm LongRange Capital for $1.5 billion. ·

Investing.com

Aaron Powell announced his departure in a LinkedIn post in August and stated that LongRange Capital had offered him a continuing role. ·

Investing.com

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