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PepsiCo names Steve Schmitt as CFO - Finance news and analysis from Global Banking & Finance Review
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PepsiCo names Steve Schmitt as CFO

Published by Global Banking & Finance Review

Posted on October 9, 2025

1 min read

· Last updated: October 9, 2025

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Appointment management corporate governance financial management

PepsiCo Appoints Steve Schmitt as New Chief Financial Officer

PepsiCo's Leadership Changes

(Reuters) -PepsiCo on Thursday named Steve Schmitt as its new chief financial officer, effective November 10, replacing company veteran Jamie Caulfield.

Overview of the Appointment

(Reporting by Juveria Tabassum in Bengaluru; Editing by Anil D'Silva)

Key Takeaways

  • Steve Schmitt appointed as PepsiCo's new CFO.
  • Schmitt replaces Jamie Caulfield, a company veteran.
  • The appointment is effective from November 10.
  • PepsiCo continues to evolve its leadership team.
  • The announcement was reported by Reuters.

Frequently Asked Questions

What is a Chief Financial Officer (CFO)?
A Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.

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