Marie T. Gallagher is Senior Vice President and Controller of PepsiCo, Inc., the Fortune 50 $66 billion food and beverage company. As PepsiCo’s Chief Accounting Officer, she is responsible for PepsiCo’s global financial reporting and SOX processes, overseeing a staff of over 5,000 finance, reporting and control employees. Gallagher sets the agenda for PepsiCo’s Audit Committee of the Board of Directors. She presents PepsiCo’s results to the Committee each quarter. Marie also directly oversees PepsiCo’s division controllers and their organizations, as well as provides guidance on accounting and business issues to all other corporate functions. She provides a strategic view on all M&A activities, primarily in emerging markets. Marie is currently leading PepsiCo’s finance transformation efforts, resulting in the establishment of a new Global Shared Services strategy in which certain aspects of finance are being outsourced to a third party, resulting in significant cost savings. Gallagher played a key role in the integration of the acquisitions of Pepsi Bottling Group ($12 billion), PepsiAmericas ($6 billion) and, most recently, Wimm-Bill-Dann ($6 billion), Russia’s largest dairy and juice company. She is also a member of PepsiCo’s Capital Expenditures and Commodity Risk Management Committees, and chairs its Employee Benefits Board. Additionally, Gallagher serves on the Audit Committee of the Board of the International Pepsi Lipton Partnership.
She is a co-chair of PepsiCo’s Corporate Inclusion Council. Gallagher is also the New York Mosaic lead, which is PepsiCo’s African American Network. She was recently awarded the Steven Reinemund Award for her diversity and inclusion efforts at PepsiCo. She also annually leads a PepsiCo-sponsored Continuing Professional Education program for 300 consumer product company finance professionals. In addition, Gallagher sponsors a consumer products industry-wide summit, where emerging issues are discussed with peer company controllers and assistant controllers. She recently participated in a Harvard Business School online accounting class and, as a guest instructor, at Tuck School of Business at Dartmouth.
Prior to joining PepsiCo in 2005, Gallagher served as Assistant Controller of Altria Corporate Services, Inc., where she was part of the team that led the Nabisco acquisition ($19 billion) and the Kraft IPO. Marie joined Altria (then Philip Morris) in 1992. During her tenure at Altria, Marie also led its shared services initiatives as well as an SAP implementation. Prior to that, Marie was a Senior Manager at Coopers & Lybrand in the New York office, where her clients included Goldman Sachs and Altria. Gallagher led discussions on various issues with the Audit Committee of the Board of Directors of Altria.
She is a Certified Public Accountant and has a B.B.A. in Accounting from Pace University. Gallagher is a member of the American Institute of Certified Public Accountants, the American Woman’s Society of Certified Public Accountants, Financial Executives International’s Committee on Corporate Reporting (CCR) and the New York State Society of Certified Public Accountants. In 2010, she was a YWCA New York City Academy of Women Achiever Inductee.
Gallagher is a member of the Boards of Junior Achievement, the Cottage in Darien and the Manhattan Theatre Club (MTC). She also recently co-chaired MTC’s annual gala. Gallagher previously served on the Board of the Quorum Federal Credit Union. Gallagher and her husband, Joseph G. Henn, have three children, Timothy, Meaghan and Colleen.