KFC

INTRODUCTION

Colonel Harland Sanders founded Kentucky Fried Chicken (KFC) in 1939, which first gave the world a taste of his most famous creation, Original Recipe Kentucky Fried Chicken, featuring that secret blend of 11 herbs and spices. Since that time, millions of people around the world over have come to love his one of a kind chicken "finger licking' good", home-style side dishes and hot and fresh biscuits.1

Chronological overview of KFC’s management team
1952 KFC started it franchisees.
1964 Sold to Jack Masssey & John Yong Brown Jr. for S$2 million.
1971 Acquired by Heublein, Inc. for $285 million.
1982 R.J. Reynolds Industries, Inc. acquired Heublein and merged it into a wholly owned subsidiary.
1986 PepsiCo acquired KFC for approximately $840 million.

Today, KFC was the world’s largest chicken restaurant chain and third largest fast-food chain in 2000. KFC had a 55 percent share of the chicken segment of the U.S. fast-fo...