PepsiCo announces new structure
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- November
- 5
PepsiCo Inc., the soft drink and snack food company based in Purchase, will divide itself into three operating units and shuffle its management team.
The company said this morning it will have units known as PepsiCo Americas Foods, PepsiCo Americas Beverages and PepsiCo International. The company’s previous structure included PepsiCo North America and PepsiCo International, but the new arrangement divides the North American operations into a food and beverage division.
The Americas Foods unit will include Frito-Lay North America, Quaker and all the Latin American food and snack businesses. John Compton, the chief executive of PepsiCo North America, will become the chief executive of the Americas Foods unit.
PepsiCo Americas Beverages will include Pepsi-Cola North America, Gatorade, Tropicana and the Latin American drink businesses. Massimo d’Amore, the executive vice president, Commercial, for PepsiCo International, will be the chief executive.
PepsiCo International will include all businesses in the United Kingdom, Europe, Asia, the Middle East and Africa. Mike White, the company’s vice chairman and the chief executive of PepsiCo International, will continue to lead this unit.
Through the first three quarters of the year, the businesses in the Americas Foods unit accounted for 45 percent of the company’s revenues. The Americas Beverages businesses brought in 30 percent and the businesses in the international division about 25 percent.
Indra Nooyi, the chairman and chief executive of PepsiCo, said in a statement released by the company will allow the company to “better share best practices among our North America and international businesses, while providing valuable development opportunities for our senior executives.�
Dawn Hudson, the head of Pepsi-Cola North America has left the company, the company said. Hugh Johnston, executive vice president of operations for PepsiCo, will replace her, the company said.
This entry was posted
on Monday, November 5th, 2007 at 10:43 am by Allan Drury.
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