PepsiCo appoints Johnson & Johnson CEO Joaquin Duato to its board

PepsiCo has elected Joaquin Duato as an independent member of its Board of Directors. The appointment is set to take effect on December 1, 2026. Duato will also serve as a member of the company’s Audit Committee.

Duato currently serves as the Chairman and Chief Executive Officer of Johnson & Johnson. Having joined Johnson & Johnson in 1989, he has held various senior leadership roles, including Worldwide Chairman of Pharmaceuticals and Vice Chairman of the Executive Committee. PepsiCo leadership noted that his experience in managing large-scale global organizations and navigating highly regulated markets will assist the company as it evolves its portfolio and pursues growth opportunities.