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PepsiCo Inc. Names Albert Carey CEO Of Americas Beverage; Eric Foss To Retire As CEO Of Pepsi Beverages Co.
PepsiCo Inc. announced that Albert (Al) P. Carey has been named CEO of PepsiCo Americas Beverages, effective immediately, reporting to Chairman and CEO Indra K.
Nooyi. Carey assumes responsibility for all aspects of the beverage businesses in the Americas.
PepsiCo announced that Eric J. Foss, chief executive officer of one of its major operating divisions, the Pepsi Beverages Co., has notified the company that he is retiring, effective Dec.
9, 2011.
Foss, 53, has led PBC since February, 2010, when he joined PepsiCo in the company's merger with its North American bottling operations. Prior to the merger, Foss was chairman and CEO of the publicly traded Pepsi Bottling Group from 2006 to 2010.
PepsiCo appointed Foss as head of PBC to facilitate a successful integration of the bottling operations into PepsiCo and to deliver agreed-upon synergies. As contemplated by the terms o
