Integral
Conversation

Sept 1 – 3, 2022
Integral, Guilin

SAILING TOWARD
SUSTAINABILITY

Joey Wat

Chief Executive Officer, Yum China

Joey Wat is Chief Executive Officer of Yum China Holdings, Inc. (NYSE: YUMC; HKEX: 9987), a Fortune 500 Company and has been a member of Yum China’s board of directors since July 2017. Yum China separated from Yum! Brands, Inc. and became an independently listed company on the New York Stock Exchange (NYSE) on November 1, 2016. It completed a secondary listing on the Hong Kong Stock Exchange (HKEX) on September 10, 2020. With exclusive rights to the KFC, Pizza Hut and Taco Bell brands in China, and ownership of the Little Sheep, Huang Ji Huang and COFFii & JOY brands, Yum China is the largest independent restaurant company in the country. It also partners with Lavazza to explore and develop the Lavazza coffee shop concept in China.   

Ms. Wat served as the President and Chief Operating Officer of Yum China from February 2017 to February 2018 and as Chief Executive Officer, KFC China from August 2015 (operating under YUM China Division, a division of Yum! Brands, Inc., at the time) to February 2017.  

Before joining YUM China Division in September 2014 as President of KFC China, Ms. Wat served in both management and strategy positions at AS Watson of Hutchison Group, an international health, beauty and lifestyle retailer, in the U.K. from 2004. Her last position at Watson was as Managing Director of Watson U.K., which operates Superdrug and Savers retail chains, specializing in the sale of health and beauty products. Before joining Watson, Ms. Wat spent seven years in management consulting including with McKinsey & Company in Hong Kong from 2000 to 2003. 

Ms. Wat holds an MBA from Northwestern University’s Kellogg School of Management and a Bachelor degree from Hong Kong University. Ms. Wat was included in the Forbes World’s Most Powerful Women list for both 2020 and 2021 and the Forbes Asia’s Power Businesswomen list for 2019. She has also been included in the Forbes China 100 Top Businesswomen list each year since 2019 and was named among Fortune’s Top 50 Most Powerful Women in International Business from 2018 to 2021. Ms. Wat was named to Business Insider’s 100 People Transforming Business Asia list in 2020, and she was also named the Best CEO by Corporate Governance Asia at the 11th Asian Excellence Award.

Wat Joey