“If somebody spent their life building something and all they have to do is move across the border to Tennessee, or move to Texas or move to Florida, they’d be a fool not to do it.”
— Louisville investor Bruce Lunsford, responding to a question about why Yum Brands CEO Greg Creed and other c-suite executives moved to Texas, which doesn’t have a state income tax (Insider Louisville). In February, Yum said they switched to be closer to the Dallas area headquarters of the company’s two biggest divisions, but would continue to spend one or two weeks a month at Yum’s Louisville headquarters.
