WELCOME Aileen Blake Vice President - Finance Planning & Analysis AGENDA • • • • • • • Our Company Our Division Our Culture Key Skills Finance Organization Career Path Key Dates PepsiCo, Inc. • Consumer products giant focusing on convenient snacks, foods & beverages • Fortune 100 company • Over 143,000 employees worldwide • Founded in 1965 via merger of Pepsi-Cola and Frito-Lay • Tropicana acquired in 1998 • Merged with Quaker in 2001 PepsiCo, Inc. • • • • 2002 Net Sales of $25 Billion 2002 Operating profits of $5.3 Billion 2002 EPS growth of +26% +13% earnings growth or better for the past 15 quarters • 15 brands that each generate over $1 billion in sales annually Shelf Stable Florida New York Chicago PepsiCo Beverages & Foods - Chicago • U.S. Foods: Quaker oatmeal, ready-to-eat cereals, rice and pasta side dishes, pancake mixes and syrup • Sports/Fitness Beverages: Gatorade and Propel • Convenience Foods: Quaker granola bars, Crispums, cereal bars • Shelf Stable Beverages: Tropicana Twister, Tropicana Juice Blends PepsiCo Beverages & Foods - Chicago Taste The Success • • • • • • Powerful Brands Passion for Growth Culture of Shared Principles Commitment to Results Ability to Make an Impact Quality People Powerful Brands • Quaker and Gatorade are 2 PepsiCo brands with >$1 billion in sales • Category leaders • Highly profitable • Consistent growth Passion for Growth Our focus on growth results in big challenges, responsibilities and increased opportunities across the board – personal, professional and financial. Culture of Shared Principles Our employees value the freedom to act - that is a core part of our informal work environment. The absence of hierarchy means that the ability to create effective relationships is a key to success at PepsiCo. Commitment to Results Our winning culture is built upon a drive for results and an entrepreneurial spirit. Results are expected, recognized and rewarded. Ability to Make an Impact The entrepreneurial spirit is alive at PepsiCo. We offer a powerful infrastructure to support and execute great ideas. Diversity & Inclusion Offering a workplace where diversity is valued helps us build the top-quality workforce so crucial to our success -by enabling us to attract and retain great people from a wide spectrum of backgrounds. Diversity & Inclusion #9 on Fortune’s 50 Best Companies for Minorities Top 50 Best Companies for Hispanic Women in the U.S. (Latina Style) Top 50 Company for Minorities (DiversityInc.com) Quality People We have world-class people at every level, in every division, in every country contributing to our success every day. Quality People • Accounting and/or Finance majors (cumulative GPA > 3.0/4.0) • Finance majors must complete a minimum of 12-15 hours of accounting courses, including intermediate accounting • Solid financial and technical skills • Good interpersonal skills Quality People • Excellent problem solving and analytical abilities • Integrity • Leadership and teamwork skills • Desire to succeed with a focus on results Finance Overview Accounting & Finance will be the trusted proactive business partner that will drive business to achieve superior results by: • Demonstrating passion, integrity, and objectivity • Establishing and evolving a business environment with an appropriate balance between control/risk management and business accountability • Influencing management decision making • Reporting and evaluating financial performance Finance Overview Accounting & Finance will be the trusted proactive business partner that will drive business to achieve superior results by: • Leading effective business planning • Safeguarding assets through sound controls • Driving efficiency and productivity through all business processes • Enhancing capabilities through the organization Planning & Analysis Customer Organization Business Unit Supply Chain Controller’s Group Finance Organization Finance Organization Cost Accounting Controller’s Group – Variances & Period Costs – Food Co-packer Accounting Corporate Accounting & Reporting – Income Statement, Balance Sheet & Cash Flow Tax Accounting – Legal Entity Statements & Tax Provision Property Accounting – Depreciation & Asset Management Operational Accounting Finance Organization Logistics Supply Chain – Freight and warehousing Product Group Supply Chain Finance – Variances & Period Costs Plant & Beverage Co-packer Accounting – Cost Accounting Finance Organization Financial Planning & Analysis Business Unit (Gatorade, Shelf Stable, Foods) – Sales – A&M – Trade & Consumer Incentives Customer Organization Finance Organization Sales Accounting & Finance – CBC Customer Financial Services (CFS) – Credit – Collections – Cash – Deductions – Coupons Planning & Analysis Finance Organization – Internal/External Financial Communication – Annual Plan, Forecasts Support & Strategy – Portfolio Analysis – Capex Control But what is a typical career path like at PepsiCo Beverages & Foods? Career Path Cost Accounting Staff Accountant Corporate Accounting & Analysis Senior Accountant CFS Credit Analyst Gatorade Finance Senior Analyst Planning & Analysis Supervisor Foods Supply Chain Finance Manager Valerie Haft Cost Accountant Emma Smith Finance Analyst - Wal-Mart What else should you know? Compensation & Benefits • • • • • Training Competitive Salary Rewards tied to individual and company performance SharePower stock options grant program 401(k) tax deferred savings plan 75% tuition reimbursement • Individualized on the job • Orientation to the function and company • Skill development training (Internal and External) Lifestyle • • • • Fun, high energy culture Talented, diverse workforce Company-subsidized fitness center Headquarters located in downtown Chicago Key Dates • Campus Interviews October 13th • Final Round Interviews end of October