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Pepsi Bottling Group (PBG)
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PBG » Topics » Stock Ownership and Director Relationships with PepsiCo.

This excerpt taken from the PBG DEF 14A filed Mar 31, 2006.
Stock Ownership and Director Relationships with PepsiCo. PBG was initially incorporated in January 1999 as a wholly owned subsidiary of PepsiCo to effect the separation of most of PepsiCo’s company-owned bottling businesses. PBG became a publicly traded company on March 31, 1999. As of February 15, 2006, PepsiCo’s ownership represented 41.5% of the outstanding Common Stock and 100% of the outstanding Class B Common Stock, together representing 47.1% of the voting power of all classes of PBG’s voting stock. PepsiCo also owns approximately 6.7% of the equity of Bottling Group, LLC, PBG’s principal operating subsidiary. In addition, Margaret D. Moore, one of our Directors, is an executive officer of PepsiCo.

     

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