David Novak, co-founder and former CEO of Yum! Brands, significantly grew the company during his 17-year tenure, increasing its market capitalization from $4 billion to $32 billion by focusing on creating a strong work culture. By prioritizing recognition and innovation, Novak emphasized the importance of a positive work environment, leading to sustained success and growth for the company. Today, Yum! Brands continues to value recognition and collaboration as key pillars of its corporate culture, fostering a culture of excellence and achievement among its 1.5 million global employees.
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Intel Names Lip-Bu Tan as New C.E.O. Amid Turnaround Efforts
Intel, a struggling semiconductor company, has appointed Lip-Bu Tan as its new CEO to help restore its reputation and market share. Tan, a seasoned business leader, faces the challenge of revitalizing the company after years of decline, including job cuts and loss of market value. Investors have responded positively to Tan's appointment, with Intel's stock price rising over 11% in aftermarket trading. Full Article
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