Form 8-K · Current report
PepsiCo 8-K, filed Sep 17, 2026
- Filed
- CIK
- 0000077476
- Accession no.
- 0000077476-26-000042
Summary
Young — PepsiCo's board elected Joaquin Duato, chairman and CEO of Johnson & Johnson, as an independent director effective December 1, 2026, with a seat on the Audit Committee. Duato will receive PepsiCo's standard non-employee director compensation, including an initial stock award and a prorated equity award.
Key points
- PepsiCo's board elected Joaquin Duato as an independent director effective December 1, 2026.
- Duato, 64, has been Johnson & Johnson's chairman since 2023 and CEO since 2022, and a J&J director since 2022.
- Duato was appointed to PepsiCo's Audit Committee effective December 1, 2026.
- His compensation includes an initial award of 1,000 PepsiCo shares and a prorated annual equity award based on $166,667.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
From the filing
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 17, 2026, the Board of Directors (the “Board”) of PepsiCo, Inc. (“PepsiCo”) elected Joaquin Duato as an independent member of the Board, effective December 1, 2026. Mr. Duato will serve on the Audit Committee of the Board, effective December 1, 2026. Mr. Duato, 64, has served as Chairman of the Board and Chief Executive Officer of Johnson & Johnson since 2023 and 2022, respectively, and as a director since 2022. …
An excerpt of the text as filed with the SEC, cut for length.
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