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On September 17, 2026, PepsiCo's Board elected Joaquin Duato as an independent director, effective December 1, 2026

PEPPepsico Inc

On September 17, 2026, PepsiCo's Board elected Joaquin Duato as an independent director, effective December 1, 2026. Mr. Duato will serve on the Audit Committee and receive standard non-employee director compensation, including a $166,667 prorated equity award and annual retainers. This appointment adds experienced leadership from Johnson & Johnson to PepsiCo's board. PepsiCo operates in the food and beverage industry, manufacturing and marketing snacks, beverages, and convenience foods globally.

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