This excerpt taken from the PBG DEF 14A filed Apr 7, 2009.
The Board of Directors recommends that shareholders vote FOR the approval of the
amendment and restatement of the PBG Directors Stock Plan.
RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
(Proxy Item No. 3)
Deloitte & Touche LLP has served as our independent registered public accounting firm since June 2005. The Audit and Affiliated Transactions Committee has appointed Deloitte & Touche LLP, subject to ratification by our shareholders, to serve as our independent registered public accounting firm for fiscal year 2009. Pursuant to its charter, the Audit and Affiliated Transactions Committee has the sole, discretionary authority to appoint, retain and terminate our independent registered public accounting firm. Representatives of Deloitte & Touche LLP are expected to be present at the Annual Meeting and will be available to answer questions and are free to make statements during the meeting.
The Board of Directors recommends that shareholders vote FOR the ratification of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year 2009.
Householding. The SECs rules permit us to deliver a single Notice or set of proxy materials to one address shared by two or more of our shareholders. This delivery method is referred to as householding and can result in significant cost savings. To take advantage of this opportunity, we have delivered only one Notice or one proxy statement and annual report to multiple shareholders who share an address, unless we received contrary instructions from the impacted shareholders prior to the mailing date. We agree to deliver promptly, upon written or oral request, a separate copy of the Notice or proxy materials, as requested, to any shareholder at the shared address to which a single copy of those documents was delivered. If you prefer to receive separate copies of the Notice or proxy materials, contact Broadridge Financial Solutions, Inc. at 1-800-542-1061 or in writing at Broadridge, Householding Department, 51 Mercedes Way, Edgewood, New York 11717.
Year 2010 Shareholders Proposals. We welcome comments or suggestions from our shareholders. If a shareholder wants to have a proposal formally considered, including recommendations for director, at the 2010 Annual Meeting of Shareholders, our Bylaws provide that the proposal must be included in the proxy materials for that meeting, and we must receive notice of the proposal in writing on or before December 8, 2009. The proposal will need to comply with Rule 14a-8 of the Exchange Act, which lists the requirements for the inclusion of shareholder proposals in company-sponsored proxy materials. Please see the section entitled Corporate Governance Consideration of Director Nominees for a description of the procedures to be followed for shareholder recommendations for director. Proposals should be sent to the Secretary of The Pepsi Bottling Group, Inc. at One Pepsi Way, Somers, New York, 10589.
By Order of the Board of Directors,
Steven M. Rapp