Lionel L. Nowell III was Senior Vice President and Treasurer of PepsiCo. In this role, Nowell was responsible for PepsiCo’s worldwide corporate treasury function, including debt and investment activities, capital markets strategies, foreign exchange and pensions. Previously, Nowell was Chief Financial Officer for the Pepsi Bottling Group (PBG), a position he assumed in 2000. Nowell joined PepsiCo from RJR Nabisco, Inc., where he was Senior Vice President, Strategy and Business Development.

At RJR Nabisco, Nowell played an active role in developing successful strategies to dramatically build shareholder value, including the sale of the company’s international business unit, and spin-off of its snack food business.

Nowell is author of the self-help book entitled, You Are Better Than Your Best. He was selected to the NACD Directorship 100 in 2013. Nowell serves on the Dean’s Advisory Board at The Ohio State University Fisher College of Business.