PepsiCo Says it will Form New Bottling Unit; Eric Foss, 27-Year Industry Veteran, will be CEO
PURCHASE, N.Y., Oct. 5 /PRNewswire-FirstCall/ — In anticipation of the previously-announced mergers with its two largest bottlers, The Pepsi Bottling Group (PBG) and PepsiAmericas (PAS), PepsiCo (NYSE: PEP) today announced plans to form a new entity comprising the bottling businesses, effective upon closing of the mergers. The new unit will be called PepsiCo Bottling North […]