“John is a seasoned executive with 30 years of marketing, sales, manufacturing and general management experience within all of PepsiCo’s businesses,” said Donald Gogel, Chairman and Chief Executive Officer of CD&R. “He is an inspirational and results-oriented leader, well rounded in all business functions with deep experience managing complexity and consumer oriented enterprises.”
Mr. Compton’s career at PepsiCo started at Frito-Lay in 1983. In 2002, after serving in positions of increasing responsibility in a variety of operational and sales capacities, he was appointed Vice Chairman and President of Frito-Lay North America. Mr. Compton went on to serve as CEO of PepsiCo Americas Foods, which included Frito-Lay North America, Quaker Oats brands, and all of PepsiCo’s Latin American food and snack businesses. He became President of PepsiCo in 2011. Mr. Compton is also the former Chief Executive Officer of Pilot Flying J Corporation. He currently serves on the board of First Horizon National Corporation and was previously on the board of Pepsi Bottling Group. Mr. Compton received a Bachelor of Science degree in finance from the University of Tennessee.
“I’ve learned a great deal from my career at PepsiCo and other business experiences which I very much look forward to applying at CD&R, a firm that has distinguished itself as the pioneer of adding operating value and insight to private equity investing,” said Mr. Compton.
Clayton, Dubilier & Rice focuses on producing financial returns through building stronger more profitable businesses. Since inception, the firm has managed the investment of more than $18 billion in 56 businesses representing a range of industries with an aggregate transaction value of approximately $90 billion. Founded in 1978, Clayton, Dubilier & Rice is based in New York and London (www.cdr-inc.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-20-13