PepsiCo Appoints Christine Tammara Senior Vice President and Controller
Rhea-AI Summary
PepsiCo (NASDAQ: PEP) has announced the appointment of Christine Tammara as Senior Vice President and Controller, effective May 3, 2025. She will succeed Marie Gallagher, who will retire. Tammara, who will report to CFO Jamie Caulfield, has been with PepsiCo since 2007 and currently serves as Senior Vice President, Controller of PepsiCo Beverages North America since June 2023. Her previous roles include Senior Vice President and General Auditor (2021-2023) and Vice President and Assistant Controller, Technical Accounting and Policy (2016-2021). In her current position, she has been instrumental in driving the sector's control agenda and overseeing financial reporting.
Positive
- Internal promotion demonstrates strong succession planning and talent retention
- Appointee brings extensive company experience with 16+ years at PepsiCo
- Smooth transition period with announcement made well in advance of actual change
Negative
- None.
News Market Reaction
On the day this news was published, PEP gained 1.36%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Tammara To Succeed Controller Marie Gallagher Who Will Retire in May 2025
Tammara joined PepsiCo in 2007 and has served as Senior Vice President, Controller, PepsiCo Beverages North America since June 2023, where she drove the sector's control agenda, oversaw financial reporting and control execution, and partnered with the business on accounting and transformation solutions. Prior to that, Tammara served as Senior Vice President and General Auditor from February 2021 to June 2023 and as Vice President and Assistant Controller, Technical Accounting and Policy from June 2016 to February 2021 and held a succession of roles in the Company's Control function.
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 more than
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.
For further information:
Andrea Foote
PepsiCo Communications
andrea.foote@pepsico.com
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SOURCE PepsiCo, Inc.
FAQ
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