PepsiCo, Inc.
PepsiCo Shareholders Approve Long-Term Incentive Plan Restatement and Director Elections
Summary
At the 2024 Annual Meeting of Shareholders, PepsiCo's shareholders approved the amendment and restatement of the PepsiCo, Inc. Long-Term Incentive Plan and elected 15 directors. Additionally, shareholders ratified the appointment of KPMG LLP as the independent auditors, approved executive compensation on an advisory basis, and voted against several shareholder proposals.
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About PepsiCo, Inc.
PepsiCo, Inc. is a global food and beverage leader known for its diverse portfolio of iconic brands. With its roots in the beverage industry, PepsiCo's primary function centers around manufacturing and distributing a vast range of soft drinks, including the renowned Pepsi cola. Beyond beverages, the company significantly impacts the food sector, offering well-known snacks through its Frito-Lay division, with products like Lay’s, Doritos, and Cheetos. PepsiCo also operates in segments like Quaker Foods, providing nutritious grains and cereals, and Tropicana Products, offering quality juices. The company's operations span multiple regions, including North America, Europe, Latin America, and the Asia, Middle East, and Africa sectors. PepsiCo stands as a market significant entity due to its extensive distribution networks, innovative product development, and sustainable business practices. Founded in 1965 and headquartered in Purchase, New York, PepsiCo continues to influence the global food and beverage industry, addressing evolving consumer preferences and advancing health and wellness initiatives throughout its product lines.
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