PepsiCo, Inc. (NYSE:PEP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

PepsiCo, Inc. (NYSE:PEP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers: Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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On August 6, 2018, PepsiCo (“PepsiCo” or the “Company”) announced that Indra K. Nooyi would continue to serve as Chairman of PepsiCo’s Board of Directors (“Board”) until a date in early 2019 to be mutually determined by Ms. Nooyi and the Board. PepsiCo announced that Ms. Nooyi will retire as Chairman of the Board and as a director of PepsiCo effective February 1, 2019. The Company also announced that the Board elected Ramon Laguarta, PepsiCo’s Chief Executive Officer and a member of the Board, to serve as Chairman of the Board effective February 1, 2019.

About PepsiCo, Inc. (NYSE:PEP)

PepsiCo, Inc. is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Company operates through six segments, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa. The Company’s brands include Agusha, Amp Energy, Aquafina, Aquafina Flavorsplash, Aunt Jemima, Cap’n Crunch, Cheetos, Chester’s, Chipsy, Chudo, Cracker Jack, Diet Pepsi, Diet Sierra Mist and Domik v Derevne.

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