PepsiCo Elects Rona Fairhead To Company's Board Of Directors

         PepsiCo Elects Rona Fairhead To Company's Board Of Directors

PR Newswire

PURCHASE, N.Y., Feb. 7, 2014

PURCHASE, N.Y., Feb. 7, 2014 /PRNewswire/ --PepsiCo, Inc. (NYSE: PEP) today
announced the election of Rona Fairhead to its Board of Directors. Mrs.
Fairhead will join the Board and the Audit Committee effective March 13, 2014.

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Mrs. Fairhead, 52, brings almost 30 years of experience in finance and global
business to the PepsiCo Board. She served as chairman and chief executive
officer of the Financial Times Group, a division of Pearson plc, from 2006 to
2013. She previously served as Pearson's chief financial officer from 2002 to

Prior to joining Pearson, Mrs. Fairhead held a variety of leadership positions
at Bombardier Inc., in the Aerospace division, and at Imperial Chemical
Industries plc, a specialty chemicals company, where she ultimately served as
executive vice president of strategy and group financial control.

"I am pleased to welcome Rona to the PepsiCo Board of Directors," said PepsiCo
Chairman and CEO Indra Nooyi. "Rona is a proven business leader with global
experience spanning multiple industries and deep expertise in finance and
general management. She will be a valuable addition to the PepsiCo Board as
we continue to execute our strategy for delivering sustainable long-term

Mrs. Fairhead was named a Commander of the Order of the British Empire in 2012
and was appointed a British Business Ambassador in 2014. She is a member of
the United Kingdom Government's Cabinet Office, supporting the Prime Minister
to ensure effective development, coordination, and implantation of policy and
operations across all government departments. She currently serves on the
Board of Directors of HSBC Holdings plc and chairs the Board of HSBC North
America Holdings. She is also on the Board of the Economist Group.

The election of Mrs. Fairhead will bring the total number of directors on the
Board to 14, and the total number of independent outside directors to 13.
PepsiCo's Board includes one inside director, Ms. Nooyi.

About PepsiCo
PepsiCo is a global food and beverage leader with net revenues of more than
$65 billion and a product portfolio that includes 22 brands that generate more
than $1 billion each in annual retail sales. Our main businesses – Quaker,
Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable
foods and beverages that are loved throughout the world. PepsiCo's people are
united by our unique commitment to sustainable growth by investing in a
healthier future for people and our planet, which we believe also means a more
successful future for PepsiCo. We call this commitment Performance with
Purpose: PepsiCo's promise to provide a wide range of foods and beverages from
treats to healthy eats; to find innovative ways to minimize our impact on the
environment by conserving energy and water and reducing packaging volume; to
provide a great workplace for our associates; and to respect, support and
invest in the local communities where we operate. For more information, please

Cautionary Statement
Statements in this communication that are "forward-looking statements" are
based on currently available information, operating plans and projections
about future events and trends. Terminology such as "believe," "expect,"
"intend," "estimate," "project," "anticipate," "will" or similar statements or
variations of such terms are intended to identify forward-looking statements,
although not all forward-looking statements contain such terms.
Forward-looking statements inherently involve risks and uncertainties that
could cause actual results to differ materially from those predicted in such
forward-looking statements. Such risks and uncertainties include, but are not
limited to: changes in demand for PepsiCo's products, as a result of changes
in consumer preferences and tastes or otherwise; changes in the legal and
regulatory environment; PepsiCo's ability to compete effectively; PepsiCo's
ability to grow its business in developing and emerging markets or unstable
political conditions, civil unrest or other developments and risks in the
markets where PepsiCo's products are sold; unfavorable economic conditions in
the countries in which PepsiCo operates; increased costs, disruption of supply
or shortages of raw materials and other supplies; failure to realize
anticipated benefits from PepsiCo's productivity plan or global operating
model; disruption of PepsiCo's supply chain; damage to PepsiCo's reputation;
failure to successfully complete or integrate acquisitions and joint ventures
into PepsiCo's existing operations or to complete or manage divestitures or
refranchisings; PepsiCo's ability to hire or retain key employees or a highly
skilled and diverse workforce; trade consolidation or the loss of any key
customer; any downgrade or potential downgrade of PepsiCo's credit ratings;
PepsiCo's ability to build and sustain proper information technology
infrastructure, successfully implement its ongoing business transformation
initiative or outsource certain functions effectively; fluctuations in foreign
exchange rates; climate change, or legal, regulatory or market measures to
address climate change; failure to successfully renew collective bargaining
agreements or strikes or work stoppages; any infringement of or challenge to
PepsiCo's intellectual property rights; and potential liabilities and costs
from litigation or legal proceedings.

For additional information on these and other factors that could cause
PepsiCo's actual results to materially differ from those set forth herein,
please see PepsiCo's filings with the Securities and Exchange Commission,
including its most recent annual report on Form 10-K and subsequent reports on
Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any
such forward-looking statements, which speak only as of the date they are
made. PepsiCo undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or

SOURCE PepsiCo, Inc.

Contact: Investor Media, Jamie Caulfield, Senior Vice President, Investor
Relations, 914-253-3035,, or Jeff Dahncke, Senior
Director, Media Bureau, 914-253-3941,
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