PepsiCo elects J&J CEO Joaquin Duato to its board

PepsiCo's board elected Joaquin Duato, Chairman and CEO of Johnson & Johnson, as an independent director, announced September 17, 2026. His seat takes effect December 1, 2026, and he will join the Audit Committee. The appointment adds a large healthcare executive to a board that is overseeing a North American turnaround.

• Joaquin Duato elected as independent director; seat effective December 1, 2026
• Assignment to the Audit Committee
• Duato is Chairman and CEO of Johnson & Johnson