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PepsiCo logoPepsiCo PEP

PepsiCo said the Board appointed Christine Tammara as Senior Vice President and Controller (Principal Accounting Officer), effective May 3, 2025.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. PepsiCo said the Board appointed Christine Tammara as Senior Vice President and Controller (Principal Accounting Officer), effective May 3, 2025.

  2. The company said the Compensation Committee set Ms. Tammara's annual base salary at $450,000 on February 5, 2025. The base salary applies from May 3, 2025.

  3. PepsiCo said Ms. Tammara's annual incentive target is set at 95% of base salary. It said her annual incentive payout for 2025 will be prorated and determined by the achievement of PepsiCo's pre-established performance goals.

  4. The company said Ms. Tammara will remain eligible for the long-term incentive program and is expected to receive a promotion award on July 1, 2025 with a target grant date value of $225,000.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Christine Tammara Appointed Senior Vice President and Controller

PepsiCo said the Board appointed Christine Tammara as Senior Vice President and Controller (Principal Accounting Officer), effective May 3, 2025.

Source · Based on the filing body and exhibits

Base Salary Set at $450,000

The company said the Compensation Committee set Ms. Tammara's annual base salary at $450,000 on February 5, 2025. The base salary applies from May 3, 2025.

Source · Based on the filing body and exhibits

Annual Incentive Target at 95% of Base Salary

PepsiCo said Ms. Tammara's annual incentive target is set at 95% of base salary. It said her annual incentive payout for 2025 will be prorated and determined by the achievement of PepsiCo's pre-established performance goals.

Source · Based on the filing body and exhibits

Long-Term Incentive Eligibility and Promotion Award

The company said Ms. Tammara will remain eligible for the long-term incentive program and is expected to receive a promotion award on July 1, 2025 with a target grant date value of $225,000.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.