PepsiCo Announces New Chief Financial Officer
PepsiCo (NASDAQ: PEP) named Steve Schmitt Executive Vice President and Chief Financial Officer, effective November 10, 2025. Jamie Caulfield will retire next year after a 30+ year career, remain CFO until November 10, 2025, then serve as an adviser through May 15, 2026 to support the transition.
Schmitt joins from Walmart, where he has been EVP and CFO for Walmart U.S. since 2016, leading finance for its omni-channel U.S. business and cost-discipline initiatives. His background includes leadership roles at Yum! Brands and a decade-plus at UPS.
Management says Schmitt's supply-chain, omnichannel, and operational experience will support growth, cost optimization, and shareholder value creation.
PepsiCo (NASDAQ: PEP) ha nominato Steve Schmitt Vicepresidente Esecutivo e Direttore Finanziario, con effetto 11 novembre 2025. Jamie Caulfield si ritirerà il prossimo anno dopo una carriera di oltre 30 anni, resterà CFO fino al 11 novembre 2025, poi fungerà da consulente fino al 15 maggio 2026 per supportare la transizione.
Schmitt arriva da Walmart, dove è stato EVP e CFO per Walmart U.S. dal 2016, guidando la finanza per l'attività omnicanale statunitense e le iniziative di disciplina dei costi. Il suo background include ruoli di leadership in Yum! Brands e oltre un decennio in UPS.
La direzione afferma che l'esperienza di Schmitt in supply chain, omnicanale e operazioni supporterà la crescita, l'ottimizzazione dei costi e la creazione di valore per gli azionisti.
PepsiCo (NASDAQ: PEP) nombró Steve Schmitt Vicepresidente Ejecutivo y Director Financiero, con efecto 10 de noviembre de 2025. Jamie Caulfield se retirará el próximo año tras una carrera de más de 30 años, permanecerá como CFO hasta el 10 de noviembre de 2025, y luego servirá como asesor hasta el 15 de mayo de 2026 para apoyar la transición.
Schmitt se incorpora desde Walmart, donde ha sido EVP y CFO de Walmart U.S. desde 2016, liderando finanzas para su negocio omnicanal en EE. UU. y las iniciativas de disciplina de costos. Su experiencia incluye roles de liderazgo en Yum! Brands y más de una década en UPS.
La dirección afirma que la experiencia de Schmitt en cadena de suministro, omnicanalidad y operaciones respaldará el crecimiento, la optimización de costos y la creación de valor para los accionistas.
PepsiCo (NASDAQ: PEP)가 Steve Schmitt를 경영 부사장 겸 최고재무책임자(CFO)로 임명했으며, 발효는 2025년 11월 10일입니다. Jamie Caulfield은 30년이 넘는 경력 뒤에 내년 은퇴하며, 2025년 11월 10일까지 CFO로 남은 뒤, 2026년 5월 15일까지 자문역으로 전환 지원할 예정입니다.
Schmitt는 Walmart에서 U.S. Walmart의 EVP 및 CFO로 2016년부터 재무를 이끌어왔으며, 미국 내 옴니채널 비즈니스와 비용 절감 이니셔티브를 주도했습니다. 그의 경력에는 Yum! Brands의 리더십 역할과 UPS에서의 10년 이상이 포함됩니다.
경영진은 Schmitt의 공급망, 옴니채널 및 운영 경험이 성장, 비용 최적화 및 주주 가치 창출에 기여할 것이라고 말합니다.
PepsiCo (NASDAQ : PEP) a nommé Steve Schmitt Directeur général adjoint et Directeur financier, à compter du 10 novembre 2025. Jamie Caulfield prendra sa retraite l'année prochaine après une carrière de plus de 30 ans, restera CFO jusqu'au 10 novembre 2025, puis exercera comme conseiller jusqu'au 15 mai 2026 pour soutenir la transition.
Schmitt rejoint Walmart, où il est EVP et CFO de Walmart U.S. depuis 2016, dirigeant les finances pour l'activité omnicanale américaine et les initiatives de maîtrise des coûts. Son parcours comprend des postes de direction chez Yum! Brands et plus d'une décennie chez UPS.
La direction indique que l'expérience de Schmitt en chaîne d'approvisionnement, omnicanal et opérations soutiendra la croissance, l'optimisation des coûts et la création de valeur pour les actionnaires.
PepsiCo (NASDAQ: PEP) hat Steve Schmitt zum Executive Vice President und Chief Financial Officer ernannt, mit Wirkung zum 10. November 2025. Jamie Caulfield wird im nächsten Jahr nach einer über 30-jährigen Karriere in den Ruhestand treten, bleibt bis zum 10. November 2025 CFO und wird dann bis zum 15. Mai 2026 als Berater tätig sein, um den Übergang zu unterstützen.
Schmitt kommt von Walmart, wo er seit 2016 EVP und CFO von Walmart U.S. ist und die Finanzen für das Omni-Channel-Geschäft in den USA sowie Initiativen zur Kostendisziplin leitet. Sein Hintergrund umfasst Führungspositionen bei Yum! Brands und mehr als ein Jahrzehnt bei UPS.
Das Management sagt, Schmitts Erfahrung in Lieferkette, Omnichannel und Betrieb werde Wachstum, Kostenoptimierung und Schaffung von Aktionärswert unterstützen.
بيبسيكو (ناسداك: PEP) عينت ستيف شميت نائب الرئيس التنفيذي والمدير المالي، اعتبارًا من 10 نوفمبر 2025. سيتقاعد Jamie Caulfield العام المقبل بعد أكثر من 30 عامًا من المسيرة المهنية، سيبقى في منصب CFO حتى 10 نوفمبر 2025، ثم يعمل كمستشار حتى 15 مايو 2026 لدعم الانتقال.
ينضم شميت من Walmart، حيث كان EVP و CFO لشركة Walmart U.S. منذ 2016، يقود الشؤون المالية لعملها الشامل في الولايات المتحدة ومبادرات ضبط التكاليف. خلفيته تتضمن أدوار قيادية في Yum! Brands وأكثر من عقد من الزمن في UPS.
تقول الإدارة إن خبرة شميت في سلسلة الإمداد والتجارة الشاملة والعمليات ستدعم النمو وتحسين التكاليف وخلق قيمة للمساهمين.
PepsiCo (NASDAQ: PEP) 任命 Steve Schmitt 为执行副总裁兼首席财务官，生效日期为 2025年11月10日。Jamie Caulfield 将在明年退休，拥有超过30年的职业生涯，直到 2025年11月10日 仍担任CFO，随后作为顾问直至 2026年5月15日，以支持过渡。
Schmitt 来自沃尔玛，自 2016 年起担任 Walmart U.S. 的 EVP 和 CFO，负责美国的全渠道业务财务以及成本管控举措。他的背景还包括在 Yum! Brands 的领导职位以及在 UPS 超过十年的经历。
管理层表示，Schmitt 在供应链、全渠道和运营方面的经验将支持增长、成本优化和为股东创造价值。
- Steve Schmitt named CFO effective Nov 10, 2025
- Planned advisory transition until May 15, 2026 supports continuity
- Schmitt brings omnichannel finance experience from Walmart since 2016
- Company did not disclose any financial guidance or quantified impact from the change
Steve Schmitt Appointed Executive Vice President and Chief Financial Officer
Jamie Caulfield to Retire
Schmitt joins PepsiCo from Walmart, where he currently serves as Executive Vice President and Chief Financial Officer for Walmart
Schmitt joined Walmart in 2016 and served in multiple leadership positions in their e-Commerce, Club, and mass businesses. He played an important role in the transformation of Walmart into an omnichannel retailer enabled by digital transformation and led cost discipline initiatives. Previously, Schmitt held a variety of roles at Yum! Brands, where he developed deep expertise in QSR and the away-from-home business and evaluated long-term strategies for the company, including strategic opportunities to support growth. He began his career with UPS, spending more than a decade with the company.
"Steve has a strong track record of proven results and brings critical expertise that aligns with PepsiCo's growth strategy," said Ramon Laguarta, Chairman and CEO, PepsiCo. "Steve's experience working with complex supply chains, adapting to the dynamic retail landscape and omnichannel consumers, and delivering operational excellence on a large scale will be impactful at PepsiCo. He will play a crucial role as we accelerate growth, optimize our cost structure, and create greater value for our shareholders."
"I want to also thank Jamie for his more than three decades of dedicated service to PepsiCo," Laguarta said. "Jamie has played an important role in guiding our business through significant periods of change and growth and we are grateful for his contributions throughout his tenure, and I look forward to continuing to work with Jamie until his retirement next year."
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.PepsiCo.com.
Cautionary Statement
Statements in this release that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. Forward-looking statements inherently involve risks and uncertainties. For information on certain factors that could cause actual events or results to differ materially from our expectations, 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 otherwise.
Contact:
PepsiCoMediaRelations@PepsiCo.com
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SOURCE PepsiCo, Inc.
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