Pepsi Realigns Corporate Structure

  • November 6, 2007
PepsiCo is realigning its corporate structure. PepsiCo, which previously comprised PepsiCo North America and PepsiCo International, will now be organized into three major operating units.

PepsiCo Americas Foods (PAF) will include Frito-Lay North America, Quaker and all Latin American food and snack businesses. John Compton, currently CEO of PepsiCo North America and a 24-year company veteran, will become CEO of PAF.

PepsiCo Americas Beverages (PAB) includes Pepsi-Cola North America, Gatorade, Tropicana and all Latin American beverage businesses. Massimo d'Amore, currently executive vice president/commercial of PepsiCo International and a 13-year PepsiCo executive, will become CEO of PAB.

PepsiCo International (PI), comprising PepsiCo business in the UK, Europe, Asia, Middle East, and Africa, will be headed by Mike White, PepsiCo vice chairman and CEO of PI. He also will assume global responsibility for two strategic corporate functions.

--Karl Greenberg

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