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3MAY201012343974
1MAY200917444919
1MAY200917414542
she was senior vice president of human resources at
Brian J. Dunn, 49, has been a
Northwest Airlines, Inc. (now Delta Air Lines), a
director since June 2009 when he
commercial airline, and prior to that held senior
was also named our CEO. A
executive positions at The Pillsbury Company
25-year veteran of our company,
(subsequently acquired by General Mills, Inc.), a
Mr. Dunn began his career with us
producer of grain and other foodstuffs, and Burger King
as a store associate in 1985 when
Corporation, which operates and franchises a worldwide
we operated only a dozen stores.
system of Burger King restaurants. She is also on the
From February 2006 until being
board of trustees of the University of St. Thomas.
named to his current position, Mr. Dunn served as Ms. Higgins Victor’s roles with these strongly-branded
President and Chief Operating Officer. Prior to that, he public companies and academic institution give her
held numerous positions within our company, including extensive experience in the areas of established
President — Retail, North America, Executive Vice company cultures, executive compensation and human
President, Senior Vice President, Regional Vice President, resources. Through her professional background,
Regional Manager, District Manager and Store Ms. Higgins Victor brings to the Board large company
Manager. During his time with us, Mr. Dunn has made leadership expertise, a dedication to continuous
significant contributions to our market share growth, improvement and entrepreneurial experience. In
employee retention, vendor relationships and customer addition, her experience in executive development,
satisfaction scores. Mr. Dunn also serves on the board succession planning and leadership coaching continues
of Dick’s Sporting Goods, Inc., a full-line sporting to be a valuable asset to the Board.
goods retailer, as well as on the board of The Best Buy
Children’s Foundation. Mr. Dunn plans to complete his Rogelio M. Rebolledo, 65, has
term on the board of Dick’s Sporting Goods, Inc., but been a director since August 2006.
will not stand for re-election at their June 2010 In 2007, Mr. Rebolledo retired from
meeting. Mr. Dunn has established himself as a powerful his position as chairman of PBG
representative of our brand, an advocate for our unique Mexico, the Mexican operations of
culture, and a decisive architect of organizational The Pepsi Bottling Group, Inc., a
transformation. His personal involvement in the site manufacturer and distributor of
selection and opening process of over five hundred Pepsi-Cola beverages. He began
stores provides him with valuable commercial real estate his 30-year career with PepsiCo in 1976 at Sabritas, the
experience. In addition, Mr. Dunn’s day-to-day salty snack food unit of Frito-Lay International in Mexico.
leadership provides him with intimate knowledge of our He was responsible for the development of the
operations. His reputation as a leader and success in international Frito-Lay business, first in Latin America
retail, branding and market expansion are valuable and then in Asia. From 2001 to 2003, he was president
assets to the Board as it looks to move forward in an and chief executive officer of Frito-Lay International, a
ever-changing retail environment. producer of snack foods. He also served as president
and chief executive officer of The Pepsi Bottling Group’s
Kathy J. Higgins Victor, 53, has
Mexico operations from January 2004 until being
been a director since November
named chairman. Mr. Rebolledo also serves on the
1999. Since 1994, she has been
board of Kellogg Company, a manufacturer and
president of Centera Corporation,
marketer of ready-to-eat cereal and convenience foods.
an executive development and
He previously served on the boards of The Pepsi Bottling
leadership coaching firm that she
Group; Applebee’s International, Inc., a restaurant
founded, located in Minneapolis,
chain (now DineEquity, Inc.); and ALFA Corporation, a
Minnesota. From 1991 to 1994,
manufacturer of high-tech aluminum engine heads and
18