PURCHASE, N.Y., Nov. 23, 2010 /PRNewswire-FirstCall/ -- PepsiCo (NYSE: PEP) today announced the appointment of Jamie Caulfield, a 17-year company veteran with extensive finance, accounting and investor relations experience, as senior vice president, investor relations.  

Caulfield succeeds Lynn Tyson, who is leaving to take on entrepreneurial opportunities in which she will apply her 25 years of experience in investor relations and corporate finance.

"I am delighted to be able to name Jamie Caulfield to this vitally important role," said Hugh Johnston, chief financial officer.  "He is a very seasoned leader with a deep understanding of our global business.  His breadth of experience across a wide range of financial disciplines – both at headquarters and in our field operations – will be extremely valuable as PepsiCo continues to grow and evolve.  Given Jamie's outstanding credentials, I am very pleased he's coming back to our IR team."  

"I also want to thank Lynn for her contributions to our company over more than 13 years," Johnston added.  "During her recent tenure with PepsiCo, she has been instrumental in shaping our communications with investors and, in particular, establishing processes to improve our efficiency and effectiveness internally to provide better service externally.  We're proud that she has continued to earn the company's legacy of recognition with the most recent award in Institutional Investor magazine for excellence in IR."

During his long PepsiCo career Caulfield has served in a wide variety of roles.  Until very recently he was vice president, mergers and acquisitions, in which he successfully completed a number of key strategic acquisitions and joint ventures.  His earlier corporate roles included:  vice president, investor relations – during which PepsiCo's investor relations work was recognized by Institutional Investor magazine three years in a row – and vice president, financial planning and analysis.  He also worked at PepsiCo's large Frito-Lay North America unit as group vice president – field finance and as region finance director.

Prior to PepsiCo, Caulfield worked as a partner at Coopers & Lybrand.

About PepsiCo

PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that each generates more than $1 billion in annual retail sales. Our main businesses – Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade – also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in more than 200 countries. With annualized revenues of nearly $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth, called "Performance with Purpose." By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. For more information, visit: www.pepsico.com.

SOURCE PepsiCo