Core Insights - PepsiCo has appointed Steve Schmitt as Executive Vice President and Chief Financial Officer, effective November 10, 2025, succeeding Jamie Caulfield, who will retire after over 30 years with the company [1][4]. Group 1: Leadership Transition - Jamie Caulfield will remain in his role as CFO until November 10, 2025, after which he will take on an advisory role until May 15, 2026, to assist with the transition [1]. - Steve Schmitt joins PepsiCo from Walmart, where he served as Executive Vice President and CFO for Walmart U.S., overseeing a multi-billion-dollar omni-channel organization [2][3]. Group 2: Steve Schmitt's Background - Schmitt has been with Walmart since 2016, holding various leadership positions and playing a key role in Walmart's transformation into an omnichannel retailer [3]. - His previous experience includes roles at Yum! Brands, where he developed expertise in quick-service restaurants and evaluated long-term growth strategies [3]. Group 3: Strategic Vision - Ramon Laguarta, Chairman and CEO of PepsiCo, emphasized Schmitt's strong track record and critical expertise that align with PepsiCo's growth strategy, particularly in adapting to the dynamic retail landscape and optimizing cost structures [4]. - PepsiCo aims to be the global leader in beverages and convenient foods, guided by its pep+ strategy, which focuses on sustainability and human capital [6].

Group 1 - PepsiCo will release its third-quarter 2025 financial results on October 9, 2025 [1] - In 2024, PepsiCo generated nearly $92 billion in net revenue, supported by a diverse portfolio of beverages and convenient foods [2] - PepsiCo's product portfolio includes iconic brands that each generate over $1 billion in estimated annual retail sales [2] Group 2 - PepsiCo's vision is to be the global leader in beverages and convenient foods, guided by its pep+ strategy focused on sustainability and human capital [3] - The company aims to create value and growth while operating within planetary boundaries [3] - For further information, PepsiCo encourages following its social media channels [3] Group 3 - The financial results will be accompanied by prepared management remarks and a live Q&A session for analysts [5] - The press release and 10-Q will be available at approximately 6:00 a.m. EDT on the release date [5] - The live Q&A session will feature the Chairman and CEO, Ramon Laguarta, and the EVP and CFO, Jamie Caulfield, at 8:15 a.m. EDT [5]

Core Insights - PepsiCo will release its second-quarter 2025 financial results on July 17, 2025 [1] - The company generated nearly $92 billion in net revenue in 2024, supported by a diverse portfolio of beverages and convenient foods [2] - PepsiCo aims to be the global leader in beverages and convenient foods through its pep+ strategy, focusing on sustainability and human capital [3] Financial Information - The second-quarter financial results will be posted on the company's investor website [1] - The press release and 10-Q will be available at approximately 6:00 a.m. EDT on the release date [5] - Prepared management remarks will be provided in PDF format at approximately 6:30 a.m. EDT [5] Company Overview - PepsiCo products are consumed over one billion times daily across more than 200 countries [2] - The product portfolio includes iconic brands such as Lay's, Doritos, Cheetos, Gatorade, and Pepsi-Cola, with many brands generating over $1 billion in estimated annual retail sales [2] Strategic Vision - PepsiCo's vision is to lead in beverages and convenient foods through the pep+ transformation, which emphasizes sustainability and creating value within planetary boundaries [3]

Core Points - PepsiCo will hold its virtual annual shareholders' meeting on May 7, 2025, at 9 a.m. Eastern Daylight Time, which will be accessible online [1] - Shareholders as of February 27, 2025, are entitled to participate and vote at the meeting [1] - The company generated nearly $92 billion in net revenue in 2024, supported by a diverse portfolio of beverages and convenient foods [3] Company Overview - PepsiCo products are consumed over one billion times daily across more than 200 countries and territories [3] - The product portfolio includes iconic brands such as Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream, with many brands generating over $1 billion in estimated annual retail sales [3] Strategic Vision - PepsiCo aims to be the global leader in beverages and convenient foods through its pep+ strategy, which focuses on sustainability and human capital [4] - The pep+ initiative emphasizes creating value and growth while operating within planetary boundaries and inspiring positive change for both the planet and people [4]