HUGH JOHNSTON FLATLY REJECTS PELTZ PLAN $80bn Mondelez snacks splurge ‘too risky’ for PepsiCo – CFO 25-Jul-2013 By Ben BOUCKLEY PepsiCo CFO Hugh Johnston says the firm is not interested in buying Mondelez for a premium price of $80bn due to integration risks and dubious value for his firm’s shareholders.