Form 8-K · Current Report · Filed 2026-09-17
PepsiCo Appoints Joaquin Duato to Board of Directors
On September 17, 2026, PepsiCo, Inc. announced the election of Joaquin Duato as an independent member of its Board of Directors, effective December 1, 2026. Mr. Duato, currently Chairman and CEO of Johnson & Johnson, will also serve on the Audit Committee. His appointment is part of PepsiCo's non-employee director compensation program, which includes an initial stock award of 1,000 shares, a prorated annual equity award, and an annual cash retainer starting in June 2027.
- Filer
- PepsiCo, Inc. PEP · NASDAQ
- Filed
- Accession
- 0000077476-26-000042
- CIK
- 0000077476
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$134.34
Since filing
+0.0%
Latest close
$134.34
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from PEP reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, PEP insiders reported 8 Form 4 transactions — flat net activity.
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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