Both Ford (NYSE:F) and Yum! Brands (NYSE:YUM) announced new CEOs on the same day today. Ford named COO Mark Fields as the replacement for the retiring Alan Mulally, while Yum has tapped Taco Bell's Greg Creed to replace outgoing CEO David Novak.

In this segment from Thursday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser discuss why the decision from Ford was a good one, why Greg Creed was a surprise for Yum! Brands, and why it was also a surprise that David Novak would choose now to step down.

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Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool recommends Ford. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.