PepsiCo Unveils New Organizational Structure, Names CEOs of Three Principal Operating Units

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“Given PepsiCo’s robust growth in recent years, we are approaching a size which we can better manage as three units instead of two,” said Indra Nooyi, chairman and chief executive officer. “Creating units that span North American and international markets, as well as developed and developing markets, allows us to better share best practices among our North America and international businesses, while providing valuable development opportunities for our senior executives.”