Joey Wat is Chief Executive Officer of Yum China Holdings, Inc. (YUMC). The company reported total compensation of $19,591,868 for fiscal year 2025.
| Salary | $1,425,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $9,910,000 |
| Option awards | $0 |
| Non-equity incentive plan | $6,156,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $2,100,868 |
| Total | $19,591,868 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Yum China Holdings, Inc. filed April 16, 2026, accession 0001193125-26-157856.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $1,425,000 | $0 | $9,910,000 | $0 | $6,156,000 | $0 | $2,100,868 | $19,591,868 |
| FY2024 | Chief Executive Officer | $1,425,000 | $0 | $10,000,081 | $0 | $2,445,300 | $0 | $351,696 | $14,222,077 |
| FY2023 | Chief Executive Officer Chief Executive Officer | $1,425,000 | $0 | $10,000,132 | $0 | $4,916,250 | $0 | $3,994,410 | $20,335,792 |
| FY2022 | Chief Executive Officer Chief Executive Officer | $1,418,750 | $0 | $6,035,116 | $3,250,011 | $4,788,000 | $0 | $401,002 | $15,892,879 |
| FY2021 | Chief Executive Officer | $1,341,667 | $0 | $5,703,920 | $3,000,004 | $3,607,246 | — | $2,902,835 | $16,555,672 |
| FY2020 | Chief Executive Officer | $1,151,083 | $0 | $14,500,084 | $2,500,003 | $2,502,664 | $0 | $517,744 | $21,171,578 |
| FY2019 | Chief Executive Officer | $1,180,667 | $0 | $2,500,031 | $2,500,012 | $4,355,208 | $0 | $1,634,083 | $12,170,001 |
Totals as disclosed in each year's own compensation disclosure for Yum China Holdings, Inc..
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Joey Wat this page | Chief Executive Officer | $19,591,868 |
| Warton Wang | General Manager, KFC | $4,136,257 |
| Adrian Ding | Chief Financial Officer | $3,308,395 |
| Jeff Kuai | General Manager, Pizza Hut | $3,016,208 |
| Duoduo (Howard) Huang | Chief Supply Chain Officer | $2,278,529 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Yum China Holdings, Inc. compensation brief.
Joey Wat's compensation sits inside Yum China Holdings, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.