PepsiCo 8-K

Leadership change

Johnson & Johnson CEO Joaquin Duato appointed independent director, joining the Board and Audit Committee effective Dec. 1, 2026.

Filed 2026-09-17 17:10 ET

Summary

PepsiCo appointed an independent director. Joaquin Duato will join the Board and its Audit Committee effective 12/01/2026; he is Johnson & Johnson’s Chairman and CEO.

Key Figures

  • Director compensation: 1,000 PepsiCo shares plus a prorated annual equity award in phantom stock units valued using $166,667 divided by the stock’s closing price on 12/01/2026. Annual cash retainer, with the first $60,000 semiannual payment due in 6/2027.

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