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PepsiCo elects Dave Lewis as an impartial member of the Board

PepsiCo elects Dave Lewis as an independent board member

The election of Dave Lewis as a member of the PepsiCo Board of Directors and a member of the Audit Committee will take effect on November 13, 2020

PepsiCo, Inc.. announced that its Board of Directors has elected Dave Lewis as an independent director. Lewis, 55, will join the Company's Board of Directors and Audit Committee effective November 13, 2020.

"We look forward to working with Dave on the PepsiCo board of directors and to his unique, global perspective on consumer focus, retail strategy, operations and supply chain management for consumer-centric brands," said Ramon Laguarta, PepsiCo chairman and CEO. "He is a focused leader who is focused on results and we will benefit from his innovative thinking."

Lewis was previously Group Chief Executive Officer of the UK-based multinational grocery and general merchandise retailer Tesco PLC. Before Tesco, Lewis worked at Unilever PLC for almost three decades, including in various management positions in Europe, Asia and America, most recently as President for Personal Care; President, America; and Chairman, United Kingdom and Ireland.

Lewis currently chairs the Board of Trustees of the World Wildlife Fund-UK and previously chairs Champions 12.3, a coalition dedicated to accelerating progress towards the United Nations Sustainable Development Goals to halve global food waste by 2030.

"We welcome Dave to the PepsiCo Board of Directors," said Daniel Vasella, Chairman of the Board's Nominations and Corporate Governance Committee. "His significant leadership experience in our industry in both retail and consumer products will be valuable to us as we continue to invest to drive sustainable long-term growth and shareholder value."

Lewis commented, “I am delighted to be joining the PepsiCo board of directors in such a dynamic time for the consumer goods industry. PepsiCo is known not only for its excellent portfolio of brands, but also for its efforts to support communities and build a more sustainable food system. I look forward to working with the entire board and management team to support and advance the company's strategy to become a faster, stronger and better organization. "