Joey Wat

Joey Chui Yung Wat (Chinese: 屈翠容; pinyin: Qū Cuìróng; born c. 1971) is a chief executive officer of Yum China Holdings, Inc. (NYSE: YUMC). She also served as CEO of KFC China, managing director of A.S. Watson Group UK, and spent seven years in management consulting.[1][2][3]

In this Chinese name, the family name is Wat (surname).
Joey Wat
Born1971 (age 49–50)
Fujian, China
Alma materHong Kong University, Northwestern University's Kellogg School of Management
OccupationCEO of Yum China
EmployerYum China
Spouse(s)John H. Ott

As of May 2020, she is one of only 37 female CEOs on the Fortune 500.[4]

Early life and education

Wat was born in Fujian Province in China and moved to Hong Kong with her family at a young age.[5] Wat received her bachelor's degree from Hong Kong University and an MBA from Northwestern University's Kellogg School of Management.[6][7]

Career

Wat started her career as a consultant at A.T. Kearney,[8] and then from 2000 to 2003 as a management consultant at McKinsey & Company in Hong Kong.[9][10]

She joined A.S. Watson Group UK in 2004, becoming head of strategy for over 10 countries in Europe and managing director of A.S. Watson Group UK. In September 2014, she moved back to China and joined Yum China, where she served as president of KFC China before being promoted to chief executive officer of KFC China in 2015. Wat then served as president and chief operating officer of Yum China and became a member of the firm's board of directors in 2017. Since March 1, 2018, she has served as its chief executive officer.[1][11][12]

Awards

Wat was ranked as one of the “Top 50 Most Influential Business Leaders in China”[13] and as one of the “Top 25 Most Powerful Women in Business in China” by Fortune Chinese Edition in 2018 and 2017 respectively.[14][13]

References
  1. Gibbs, Alexandra (2018-04-10). "Why Joey Wat decided to take on a challenging job opportunity — that had a high risk of failure". CNBC. Retrieved 2018-08-08.
  2. "Joey Wat: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2018-08-08.
  3. Armental, Maria (2017-10-05). "Yum China Looks to KFC For Next CEO". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-08-08.
  4. Hinchliffe, Emma (May 16, 2019). "The number of female CEOs in the Fortune 500 hits an all-time record". Retrieved May 19, 2019.
  5. Shah, Oliver (2014). "Street smart fighter puts smiles back at Superdrug". The Sunday Times. ISSN 0956-1382. Retrieved 2018-11-17.
  6. 董志成. "Catering to consumers' evolving preferences - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 2018-08-08.
  7. 4-traders. "Joey Wat, MBA - Biography". www.4-traders.com. Retrieved 2018-08-08.
  8. Gilchrist, Karen (2018-04-13). "The lessons learned during my restaurant job were some of the most important of my career, says Yum China CEO". CNBC. Retrieved 2018-08-08.
  9. "Yum China appoints next CEO". Retrieved 2018-08-08.
  10. "Joey Wat insider trading (SEC form 4) – wallmine.com". wallmine.com. Retrieved 2018-08-08.
  11. "Yum China (YUMC) Says CEO Micky Pant to Transition to Vice Chairman, Joey Wat to Succeed". StreetInsider.com. Retrieved 2018-08-08.
  12. "Yum China promotes Joey Wat to CEO". www.poandpo.com. Retrieved 2018-08-08.
  13. "屈翠容 | 2018年中国最具影响力的50位商界领袖 - 财富中文网". www.fortunechina.com. Retrieved 2018-08-08.
  14. "Boao Forum for Asia". english.boaoforum.org. Retrieved 2018-08-08.
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