Dean's Advisory Council
Lionel L. Nowell III
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Lionel L. Nowell III is Senior Vice President and Treasurer of PepsiCo, a position he assumed in August 2001. With revenues of about $27 billion, PepsiCo ranks as the world’s fourth largest food and beverage company. It includes: Frito-Lay, Pepsi-Cola, Tropicana, Gatorade, and Quaker Foods. In this position, Mr. Nowell is responsible for the worldwide corporate treasury function, including worldwide financial activities, capital markets strategies, foreign exchange, cash forecasting and planning.
Previously, Mr. Nowell was Chief Financial Officer for The Pepsi Bottling Group (PBG), a position he assumed in 2000. Before PBG, he was PepsiCo’s Controller. Mr. Nowell joined PepsiCo from RJR Nabisco, Inc., where he was Senior Vice President, Strategy and Business Development. From 1991 to 1998 Mr. Nowell held a variety of senior financial roles at the Pillsbury division of Diageo PLC, including Chief Financial Officer of its Pillsbury North America, Pillsbury Foodservice and Haagen Dazs units. He also served as Vice President and Controller of the Pillsbury Company, Vice President of Food and International Retailing Audit and Director of Internal Audit. Prior to joining Pillsbury, Mr. Nowell spent eight years as a finance executive at Pizza Hut, which at the time was a division of PepsiCo.
Mr. Nowell is a member of the Board of Directors of Church & Dwight, manufacturer and marketer of household, personal care and specialty products under the Arm & Hammer trademark. Mr. Nowell is also a member of the Board of Directors of American Electric Power Company, a $15 billion energy company based in Columbus, Ohio. He also serves on the Dean's Advisory Board at The Ohio State University Fisher College of Business and is an active member of the Executive Leadership Council, American Institute of Certified Public Accountants and the Ohio Society of CPAs.
Mr. Nowell recently served as Chairman of the United Way campaign for PepsiCo and is active in the Wakeman Boys and Girls Club in Southport, Connecticut. He holds an undergraduate degree in Business Administration from Ohio State University and is a Certified Public Accountant.