Karl von der Heyden
Encyclopedia
Karl von der Heyden was Vice Chairman of the Board of Directors of PepsiCo, Inc. from 1996 to 2001. He had rejoined the Company in September 1996 as Vice Chairman and Chief Financial Officer. During his tenure, he concentrated on re-focusing the company by spinning off or selling the restaurant companies, buying Tropicana and Quaker Oats, and taking the bottling business, Pepsi Bottling Group, public, among other things. He had previously retired from RJR Nabisco
, where he was co-chairman and chief executive officer, through May 1993 and chief financial officer since 1989.
In December 1993 he took over as president and chief executive officer at financially troubled Metallgesellschaft Corp. on an interim basis and successfully restructured the company in a period of seven months. He had also served as Chairman of the Financial Accounting Standard Board’s Advisory Council (FASAC).
Before joining RJR Nabisco
, von der Heyden was senior vice president, chief financial officer and a director of H.J. Heinz Company. He joined Heinz in 1980 as vice president of finance and treasurer. Previously, von der Heyden had worked for PepsiCo in various senior management capacities: vice president, controller from 1974 to 1977, chief financial officer of Pepsi-Cola Company from 1977–1979, and then vice president of manufacturing for the Pepsi-Cola Bottling Group.
Von der Heyden began his business career as a management trainee at the Berliner Bank AG. He joined Coopers & Lybrand, Philadelphia, in 1963, and in 1966 he moved to Pitney Bowes
, where he advanced to the position of corporate controller.
Von der Heyden was born in 1936 in Berlin, Germany and attended the Free University of Berlin. He graduated from Duke University in 1962 and obtained an MBA degree from the Wharton School of the University of Pennsylvania in 1964.
Von der Heyden is the recipient of The International Center in New York's Award of Excellence and the Ellis Island Medal of Honor
. In 2010 he was inducted into the Financial Executives International Hall of Fame.
Von der Heyden serves as an independent director on the board of Huntington Ingalls Industries, Inc., and has served on the boards of Macy's, Inc, AstraZeneca
, NYSE Euronext, DreamWorks Animation
, Aramark
, Cadbury Schweppes
, and numerous other companies. He is a trustee of New York City Global Partners. He served as Co-Chairman of the American Academy in Berlin. and as a former trustee of Duke University
, the YMCA of Greater New York
, and other nonprofit organizations. He has two children and five grandchildren, and lives with his wife, Mary Ellen, in New York City.
RJR Nabisco
RJR Nabisco, Inc., was an American conglomerate formed in 1985 by the merger of Nabisco Brands and R.J. Reynolds Tobacco Company. RJR Nabisco was purchased in 1988 by Kohlberg Kravis Roberts & Co...
, where he was co-chairman and chief executive officer, through May 1993 and chief financial officer since 1989.
In December 1993 he took over as president and chief executive officer at financially troubled Metallgesellschaft Corp. on an interim basis and successfully restructured the company in a period of seven months. He had also served as Chairman of the Financial Accounting Standard Board’s Advisory Council (FASAC).
Before joining RJR Nabisco
RJR Nabisco
RJR Nabisco, Inc., was an American conglomerate formed in 1985 by the merger of Nabisco Brands and R.J. Reynolds Tobacco Company. RJR Nabisco was purchased in 1988 by Kohlberg Kravis Roberts & Co...
, von der Heyden was senior vice president, chief financial officer and a director of H.J. Heinz Company. He joined Heinz in 1980 as vice president of finance and treasurer. Previously, von der Heyden had worked for PepsiCo in various senior management capacities: vice president, controller from 1974 to 1977, chief financial officer of Pepsi-Cola Company from 1977–1979, and then vice president of manufacturing for the Pepsi-Cola Bottling Group.
Von der Heyden began his business career as a management trainee at the Berliner Bank AG. He joined Coopers & Lybrand, Philadelphia, in 1963, and in 1966 he moved to Pitney Bowes
Pitney Bowes
Pitney Bowes Inc. is a Stamford, Connecticut-based manufacturer of software and hardware and a provider of services related to documents, packaging, mailing, and shipping, collectively referred to as mailstream. The company has approximately 36,000 employees worldwide. It is one of 87 existing...
, where he advanced to the position of corporate controller.
Von der Heyden was born in 1936 in Berlin, Germany and attended the Free University of Berlin. He graduated from Duke University in 1962 and obtained an MBA degree from the Wharton School of the University of Pennsylvania in 1964.
Von der Heyden is the recipient of The International Center in New York's Award of Excellence and the Ellis Island Medal of Honor
Ellis Island Medal of Honor
The Ellis Island Medal of Honor was founded by the National Ethnic Coalition of Organizations and intended to pay homage to the immigrant experience. The medals honor the contribution made to America by immigrants and the legacy they left behind in the successes of their children and grand-children...
. In 2010 he was inducted into the Financial Executives International Hall of Fame.
Von der Heyden serves as an independent director on the board of Huntington Ingalls Industries, Inc., and has served on the boards of Macy's, Inc, AstraZeneca
AstraZeneca
AstraZeneca plc is a global pharmaceutical and biologics company headquartered in London, United Kingdom. It is the world's seventh-largest pharmaceutical company measured by revenues and has operations in over 100 countries...
, NYSE Euronext, DreamWorks Animation
DreamWorks Animation
DreamWorks Animation SKG, Inc. is an American animation studio based in Glendale, California that creates animated feature films, television program and online virtual worlds...
, Aramark
Aramark
Aramark Corporation, known commonly as Aramark, is an American foodservice, facilities, and clothing provider supplying businesses, educational institutions, sports facilities, federal and state prisons, and health care institutions. It is headquartered at the Aramark Tower in Center City,...
, Cadbury Schweppes
Cadbury Schweppes
Cadbury is a confectionery company owned by Kraft Foods and is the industry's second-largest globally after Mars, Incorporated. Headquartered in Uxbridge, London, United Kingdom, the company operates in more than 50 countries worldwide....
, and numerous other companies. He is a trustee of New York City Global Partners. He served as Co-Chairman of the American Academy in Berlin. and as a former trustee of Duke University
Duke University
Duke University is a private research university located in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco industrialist James B...
, the YMCA of Greater New York
YMCA of Greater New York
Not to be confused with the YMHA, the YWHA or the 92nd Street Y.The YMCA of Greater New York is a community service organization that promotes positive values through programs that build spirit, mind and body. The YMCA is welcoming to all New Yorkers, with a focus on the City’s youth. No one is...
, and other nonprofit organizations. He has two children and five grandchildren, and lives with his wife, Mary Ellen, in New York City.