Lionel Nowell serves on the Board of Directors of Bank of America Corporation where he is on the Audit and Governance committees, American Electric Power Company where he is a member of the Audit (Chairman), Governance, Executive, Finance, and Policy committees, and Reynolds American Inc. where he is a member of the Audit committee. Additionally, Mr. Nowell resides on the Dean’s Advisory Board at The Ohio State University Fisher College of Business, and is a member of the American Institute of Certified Public Accountants, and the Ohio Society of CPAs.[saf feature=”itunes” cta=”Subscribe & Listen in iTunes”]
Mr. Nowell retired in May 2009 as Senior Vice President and Treasurer of PepsiCo, a position he assumed in August 2001. In this role, Mr. Nowell was responsible for PepsiCo’s worldwide corporate treasury function, including debt and investment activities, capital markets strategies, foreign exchange, insurance and pensions.
Previously Mr. Nowell was Chief Financial Officer for The Pepsi Bottling Group (PBG), a position he assumed in 2000. Before PBG, he was PepsiCo’s Controller. Mr. Nowell joined PepsiCo from RJR Nabisco, Inc., where he was Senior Vice President, Strategy and Business Development. At RJR Nabisco he played an active role in developing successful strategies to dramatically build shareholder value, including the sale of the company’s international business unit, and spin off of its snack food business.
From 1991 to 1998 Mr. Nowell held a variety of senior financial roles at the Pillsbury division of Diageo PLC, including Chief Financial Officer of its Pillsbury North America, Pillsbury Foodservice, and Haagen-Dazs divisions. He also served as Vice President and Controller of the Pillsbury Company, and Vice President of Internal Audit. Prior to joining Pillsbury, Mr. Nowell spent eight years as a finance executive at Pizza Hut, which at the time was a division of PepsiCo.
Mr. Nowell is author of the self-help book entitled “You Are Better Than Your Best”. He was selected in 2010 as one of the top 100 diverse board candidates, is a Certified Public Accountant (CPA), and received his undergraduate degree in Business Administration from The Ohio State University.