RICHARD MONTANEZ

Vice President, Multicultural Sales & Community Activation, PepsiCo North America

Richard Montañez led Multicultural Sales & Marketing as Vice President across Pepsi North American divisions and, after 42 years with the company, he is now retired (March 1, 2020). Throughout his career, Montañez has held various senior roles throughout Pepsi and Frito Lay divisions.

Montañez started his PepsiCo career at Frito-Lay in 1976 as a janitor and is recognized as the creator of the Flamin’ Hot line of products, which have become a billion-dollar business and a cultural phenomenon.


Recognized for his visionary leadership, ability to innovate, and his commitment to diversity, he has received several notable awards and is often named one of the most influential Latinos in corporate America.


Mr. Montañez is the only four-time recipient of PepsiCo’s Chairman’s Award, the highest honor given to employees based on performance and work ethic. As a long-standing mentor and executive sponsor of PepsiCo’s Latino and Hispanic employee group, Adelante, Montañez has supported and nurtured the careers of hundreds of PepsiCo employees. Montañez also is a committed philanthropist and founder of Onelite, a nonprofit that provides hundreds of high-need families within the United States with food and school supplies.


He serves on several boards of directors and advisory boards. Montañez also was the first Latino board member to serve on the board of the Southern Christian Leadership Conference (SCLC), an African American civil rights organization, whose first president was Dr. Martin Luther King, Jr.



Richard Montañez is a sought-after motivational speaker, speaking to corporate groups, including Target, Walmart, and Slalom, as well as universities, such as University of Southern California (USC) and Harvard. Montañez has been featured in TV and print outlets, such as Good Morning America, The Washington Post, Vanity Fair, Fortune and Newsweek. His story is now the subject of a forthcoming biopic from Fox Searchlight Films.


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