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

    For Release: 1/24/2018

  • GREENSBORO, N.C. --

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

    Mr. Carey currently 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."

    Mr. Carey currently 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 Mr. 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."

    For more information, contact:
    Alpha IR Group
    312-445-2870
    UFI@alpha-ir.com
  • Unifi, Inc. (NYSE: UFI) is a diversified producer and processor of multi-filament polyester and nylon textured yarns and related raw materials. The Company adds value to the supply chain and enhances consumer demand for its products through the development and introduction of branded yarns that provide unique performance, comfort and aesthetic advantages. Key Unifi brands include, but are not limited to: AIO® - all-in-one performance yarns, SORBTEK®, A.M.Y.®, MYNX® UV, REPREVE®, REFLEXX®, MICROVISTA® and SATURA®. Unifi's yarns and brands are readily found in home furnishings, apparel, legwear, and sewing thread, as well as industrial, automotive, military, and medical applications. For more information about Unifi, visit www.unifi.com, or to learn more about REPREVE®, visit www.repreve.com.

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