Pepsico Inc 8-K/A, filed Nov 17, 2023
Pepsico Inc (PEP)
8-K/A
2023-11-17
For: 2023-11-01
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Added on
April 08, 2026
About this 8-K/A
Pepsico Inc filed this 8-K/A on November 17, 2023, reporting on events of November 1, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 1, 2023
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed in our Current Report on Form 8-K filed with the Securities and Exchange Commission on November 6, 2023, the Board of Directors (the “Board”) of PepsiCo, Inc. (“PepsiCo”) appointed James (“Jamie”) Caulfield as PepsiCo’s Executive Vice President and Chief Financial Officer, effective November 30, 2023. In connection with the appointment of Mr. Caulfield, on November 16, 2023, the Compensation Committee of the Board set Mr. Caulfield’s annual base salary as Executive Vice President and Chief Financial Officer at $700,000 and Mr. Caulfield’s annual incentive target at 150% of base salary. Mr. Caulfield’s annual incentive award payout will be prorated for the fiscal year ending December 30, 2023 and will be determined by achievement of PepsiCo’s pre-established performance goals. Mr. Caulfield will continue to be eligible to participate in PepsiCo’s long-term incentive program.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PEPSICO, INC. | ||||||||
| Date: November 17, 2023 | By: | /s/ Cynthia A. Nastanski | ||||||
| Name: | Cynthia A. Nastanski | |||||||
| Title: | Senior Vice President, Corporate Law and Deputy Corporate Secretary | |||||||