Industry News | January 4, 2013
Yum! Brands' Supply Chain Co-Op Names New CEO
Unified Foodservice Purchasing Co-op LLC (UFPC), exclusive supply chain management organization for Yum! Brands Inc. and its three restaurant systems—KFC, Pizza Hut and Taco Bell—plus A&W and Long John Silver’s restaurant systems, announced today the appointment of Steven C. McCormick as UFPC’s president and chief executive officer, effective January 14. McCormick is the successor to Daniel E. Woodside, who announced his planned retirement in 2012. Woodside, now CEO Emeritus, will support McCormick’s transition through June.
In this position, McCormick is responsible for all aspects of UFPC’s activities and will report directly to the UFPC Board of Directors. McCormick will also serve as a non-voting, ex-officio member of the UFPC Board of Directors.
Most recently, McCormick was chief executive officer of Borden Dairy Company, one of the largest dairy companies in the U.S. As CEO, McCormick is credited with integrating five companies under the Borden name and improving margin and savings through portfolio optimization, cost and product mix efficiencies, and establishments of shared services and national accounts sales and marketing teams. Before his tenure with Borden, McCormick served in various executive leadership roles at Weight Watchers, Coca-Cola, Compaq, and Pepsi, including president and chief operating officer of Odwalla, Inc., a leading natural health beverage company. McCormick is well respected for his strategic accomplishments and exceptional attention to customer service.
“We are excited to welcome Steve McCormick as the leader of UFPC,” says Thomas M. Cook, chairman of the Search Committee of the Board of Directors of UFPC and past president of Taco Bell’s FRANMAC (Franchisee Advisory Management Council). “Steve’s extensive business experience and successes make him the ideal person to bring to life the co-op of the future. Steve’s strategic vision and leadership skills will be the driver to ensure UFPC excels by offering an ethical, but unfair competitive advantage to its members and their businesses.”
McCormick and his wife will relocate to Louisville, Kentucky, from Dallas.
“I am truly honored and excited to lead the UFPC team,” McCormick says. “I look forward to collaborating with each brand team and all suppliers in providing world class service and support to the Yum! Brands system.”
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