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Pepsico Announces Plans For New Bottling Unit

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The Pepsi Bottling Group (PBG) and PepsiAmericas (PAS) have announced plans to form a new bottling unit, called PepsiCo Bottling North America (PBNA), effective upon closing of the mergers.

Eric J Foss, current chairman and chief executive officer (CEO) of PBG, the world’s largest bottler of PepsiCo beverages, will become CEO of the new bottling unit, reporting to PepsiCo chairman and CEO Indra Nooyi.

“This new beverage model will strengthen our position in the global beverage marketplace through a powerful combination of scale, speed, flexibility and efficiency,” said Ms Nooyi, who was named president and CEO in October 2006, and assumed the role of chairman and CEO in May 2007.

PBNA will comprise all current PBG and PAS operations in the United States, Canada and Mexico, and will account for about three-quarters of the volume of PepsiCo’s North American bottling system, with independent franchisees accounting for the rest.

It will be separate from the brand-oriented PepsiCo Americas Beverages unit, which will continue to oversee independent bottlers and Gatorade and Tropicana operations.

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Thursday, August 17, 1:40 am

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