Unifi elects PepsiCo North America CEO Albert P. Carey to the Board of Directors

Staff Report
Carey - Submitted photo

GREENSBORO — Unifi, Inc. (NYSE: UFI), one of the world’s leading innovators in synthetic and recycled yarns, has announced the election of Albert (Al) P. Carey to the Board of Directors.

Carey serves as CEO of PepsiCo North America, a role he has held since March 2016. As a 36-year PepsiCo veteran, he has extensive experience leading multiple lines of consumer brands across snacks and beverages at PepsiCo, including as CEO of Frito-Lay North America.

“We are excited to have someone with Al’s background join our Board of Directors,” said Kevin Hall, chairman and CEO of Unifi. “As we expand our product offerings beyond textile fibers and into numerous sustainable solutions, Al’s experience will be paramount. “His addition to our board comes at an excellent time, as we focus on growing REPREVE and our innovative product portfolio across multiple markets.”

Carey serves on the board of directors of The Home Depot, Inc. and The Food Marketing Institute.

“Unifi’s unique market position, product portfolio and strategic initiatives are compelling,” said Carey. “I am looking forward to being involved in the growth opportunities of REPREVE, a critical sustainability story with over 10 billion plastic bottles being saved from landfills and transformed into high-quality consumer products.”

https://www.yadkinripple.com/wp-content/uploads/2018/02/web1_HI-RES-PREFERRED-PHOTO-February-formatted.jpgCarey Submitted photo

Staff Report