Pepsi to treat executive stock options as an expense

Pepsi also intends to change its compensation programme to move away from the sole use of stock options to using a mix of options and restricted stock. The New York-based company plans to start expensing options in the fourth quarter.

“The company believes reflecting the expense under this method will provide investors the greatest level of financial statement comparability and transparency,” said Pepsi in a statement.

It expects the options expense for 2003 to be 20 cents per share, and Pepsi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: