PepsiCo North American CEO steps down amid restructuring
PURCHASE, NY: PepsiCo announced today that it was reorganizing its PepsiCo North America and PepsiCo International divisions to create three operational units in the Americas while dividing its food and beverage businesses in that region, the AP reports.
The company also announced that Dawn Hudson, CEO and president of PepsiCo North America, is leaving the company. Hudson worked at PepsiCo for 11 years. Thomson Financial reported that Hudson is leaving the company to pursue other career opportunities.
PepsiCo said it will complete the reorganization by the start of its fiscal 2008 year. The company said John Compton, its current chief executive of the North America group will head up the Americas food division. And Massimo d’Amore, EVP of the commercial division of PepsiCo International is going to be the chief executive of the new Americas beverage unit.
We recently reported on Tod MacKenzie’s decision to leave the company after 20 years as PepsiCo’s SVP of corporate communications, in order to explore “a different career path.”
