PepsiCo announced that its Board of Directors has elected Joaquin Duato as an independent member, effective December 1, 2026. Duato, 64, will also serve on the Board's Audit Committee. He currently serves as Chairman and Chief Executive Officer of Johnson & Johnson, having been CEO since 2022 and Chairman since 2023, and previously held roles including Vice Chairman of the Executive Committee and Worldwide Chairman, Pharmaceuticals after joining the company in 1989. PepsiCo Chairman and CEO Ramon Laguarta said Duato's broad leadership experience will be an important asset as PepsiCo evolves its portfolio and invests in growth opportunities. Robert C. Pohlad, Chair of the Board's Nominating and Corporate Governance Committee, said Duato's expertise in overseeing a large global organization in highly regulated markets will strengthen the Board's oversight.
PepsiCo IncPepsiCo adds a director with expertise in overseeing a large global organization in highly regulated markets, strengthening board oversight.
Johnson & Johnson