Faster, stronger, better. Annual report 2019 creating more smiles with every sip

(Global)
People of Color (a) %
(U.S. only)
Board of Directors
23%
31%
Senior Executives(
b
)
20%
29%
Executives
35%
25%
All Managers(
c
)
41%
28%
All Employees
25%
42%
The data in this chart is as of December 31, 2019. Beginning in 2019, other than the 
Board of Directors, this chart reflects both full-time and part-time employees to align 
with how we measure our 2025 diversity goals.
(a) Based on completed self-identification forms.
(b) Composed of PepsiCo Executive Officers subject to Section 16 of the Securities 
Exchange Act of 1934.
(c) Beginning in 2019, we updated the definition of managers to align with how we 
measure our 2025 diversity goals.
PEPSICO BOARD OF DIRECTORS
Shona L. Brown
Independent Advisor; 
Former Senior Advisor, 
Google Inc.
Elected 2009
Cesar Conde
Chairman, 
NBCUniversal
International Group
and NBCUniversal
Telemundo Enterprises 
Elected 2016
Ian Cook
Executive Chairman,
Colgate-Palmolive
Company
Elected 2008
Dina Dublon
Former Executive Vice
President and Chief
Financial Officer,
JPMorgan Chase & Co.
Elected 2005
Richard W. Fisher
Former President and
Chief Executive Officer,
Federal Reserve
Bank of Dallas
Elected 2015
Michelle Gass
Chief Executive Officer,
Kohl’s Corporation
Elected 2019
William R. Johnson*
Operating Partner,
Global Retail and
Consumer, Advent
International Corporation;
Former Chairman,
President and Chief
Executive Officer,
H.J. Heinz Company
Elected 2015
Ramon L. Laguarta
Chairman of the
Board of Directors and
Chief Executive Officer,
PepsiCo
Elected 2018
David C. Page, MD
Director and President,
Whitehead Institute
for Biomedical Research;
Professor,
Massachusetts Institute
of Technology
Elected 2014
Robert C. Pohlad
President of various
family-owned entities;
Former Chairman and
Chief Executive Officer,
PepsiAmericas, Inc.
Elected 2015
Daniel Vasella, MD
Former Chairman and
Chief Executive Officer,
Novartis AG
Elected 2002
Darren Walker
President,
Ford Foundation
Elected 2016
Alberto Weisser
Former Chairman and
Chief Executive Officer,
Bunge Limited
Elected 2011
PEPSICO LEADERSHIP
Ramon L. Laguarta
Chairman of the
Board of Directors and
Chief Executive Officer
Jim Andrew
Executive Vice President 
SodaStream,
Beyond-the-Bottle,
and New Ventures 
and Interim
Chief Strategy Officer
Jon Banner
Executive Vice President, 
Global Communications
and President,
PepsiCo Foundation
Hugh F. Johnston
Vice Chairman, Executive
Vice President and
Chief Financial Officer
Ram Krishnan
Global Chief
Commercial Officer,
PepsiCo and
Chief Executive Officer, 
PepsiCo Greater
China Region
Rene Lammers
Executive Vice President
and Chief Science Officer
Silviu Popovici
Chief Executive Officer,
Europe
Grace Puma
Executive Vice President,
Global Operations
Paula Santilli
Chief Executive Officer, 
Latin America
Ronald Schellekens
Executive Vice President
and Chief Human
Resources Officer
Kirk Tanner
Chief Executive Officer,
PepsiCo Beverages
North America
Eugene Willemsen
Chief Executive Officer,
Africa, Middle East,
South Asia
Steven Williams
Chief Executive Officer,
PepsiCo Foods
North America
David Yawman
Executive Vice President,
Government Affairs,
General Counsel and
Corporate Secretary
See pages 33–35 of the Form 10-K for 
a list of PepsiCo Executive Officers 
subject to Section 16 of the Securities 
Exchange Act of 1934.
Current as of March 20, 2020
* Not standing for re-election and 
retiring at PepsiCo’s 2020 Annual 
Meeting of Shareholders.
2019 PepsiCo Annual Report

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PEPSICO, INC.
ANNUAL REPORT 2019
FORM 10-K
For the fiscal year ended December 28, 2019
2019 PepsiCo Annual Report

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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K 
(Mark One)
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 28, 2019 
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 1-1183 
PepsiCo, Inc. 
(Exact Name of Registrant as Specified in Its Charter)