On Tuesday, Shares of Whole Foods Market, Inc. (NASDAQ:WFM), subtract -0.17% and closed at $28.89 in the last trading session. The last trading range of the stock ranges between $28.45 and $29.02. The company’s Market capitalization is $9.21 Billion with the total Outstanding Shares of 318.30 million. The Board of Directors of Whole Foods Market (WFM) recently declared changes to the leadership structure, counting transitioning from co-Chief Executive Officers to a sole Chief Executive Officer, with co-Founder John Mackey to serve in that capacity.
Walter Robb will remain on the Company’s Board of Directors and continue to serve as Chairman for both Whole Kids Foundation and Whole Cities Foundation. He will officially transition his co-CEO responsibilities on December 31, 2016, and will continue to be a senior advisor to the Company. Robb has served the company for 25 years, most recently as co-Chief Executive Officer for the previous six years.
“Under Walter’s leadership, Whole Foods Market has grown from 12 to 464 stores in three countries. He has been instrumental in accelerating investment in our digital strategy and technology transformation to meet the ever-changing retail landscape,” said Dr. John Elstrott, Chairman of Whole Foods Market’s Board of Directors. “In the past year Walter and John have hired five new senior executives, and have adopted and made noteworthyprogress on their nine point planned plan, putting the company in a strong foundational position for winning.”
Yum! Brands, Inc. (NYSE:YUM), dropped -0.13% and closed at $61.94 in the last trading session. The last trading range of the stock ranges between $61.65 and $62.20. The company’s Market capitalization is $23.57 Billion with the total Outstanding Shares of 376.00 million. First paragraph, second sentence of release dated November 4, 2016 should read: Taco Bell recently declared its plans to grow as a system to 8,000 U.S. locations (9,000 globally) by the end of 2022, opening the door of opportunity for 100,000 new jobs in the U.S. alone. (instead of …to grow as a system to 9,000 locations in the U.S. by the end of 2022, opening the door of opportunity for 100,000 new jobs.)
TACO BELL PLANS TO CREATE 100,000 NEW U.S. JOBS BY 2022
Launches “Start with Us, Stay with Us” Platform to Attract New Talent
With new restaurants come new jobs. Taco Bell recently declared its plans to grow as a system to 8,000 U.S. locations (9,000 globally) by the end of 2022, opening the door of opportunity for 100,000 new jobs in the U.S. alone. Add that to the company’s current 40,000 employees across its company-owned stores and 170,000 people employed by franchise restaurants, and you could say Taco Bell has come a long way since Glen Bell single-handedly opened his first taco stand in 1962.
“Our planned growth over the next six years is going to assist us reach $15 billion in global system sales by 2022,” said Brian Niccol, Chief Executive Officer at Taco Bell. “With that comes the need to attract and retain top talent so that we’re continuing to deliver the best customer experience possible.”