MBA Ministry

Steve Reinemund

Former CEO of Pepsico and Former Dean at Wake Forest Business School

Steve Reinemund was the dean of business at Wake Forest University, and professor of leadership and strategy. He assumed his responsibilities on July 1, 2008. Steve retired as chairman of the board of PepsiCo, Inc. in May, 2007 and as CEO in October, 2006. He is a 23-year PepsiCo veteran who led the corporation as Chairman and Chief Executive from 2001 to 2006. During that period, PepsiCo’s revenues increased by more than $9 billion, net income increased by 70%, earnings per share increased by 80%, its annual dividend doubled, and the company’s market capitalization surpassed $100 billion.

In addition to the growth of the company, Steve’s legacy includes a commitment to health and wellness, diversity and inclusion, and values-based leadership. Steve is currently a member of the board of directors of American Express, ExxonMobil, Walmart and Marriott. From 2005 to 2007, Steve was chairman of the National Minority Supplier Development Council. He served on the National Advisory Board of the Salvation Army from 1990 to 1999, and he was chairman of this board from 1996 to 1999. Steve also served on the board of The National Council of La Raza from 1992 to 2001 and was chairman of its Corporate Board of Advisors from 1992 to 1996.

Steve served in the U.S. Marine Corps as a Captain. He later earned his MBA from Darden Business School at the University of Virginia in 1978. He is married with four adult children and resides in Winston-Salem, NC.