CEO Indra Nooyi

Soft drink and snack maker PepsiCo Inc. reports earnings for its fiscal third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The Purchase, N.Y.-based PepsiCo locked in a deal to buy its two biggest U.S. bottlers after months of trying. The company says the $7.8 billion deal will help it cut costs and compete better in North America by getting to market quicker with new products. CEO Indra Nooyi said this is key because soft drink sales have been flat or fallen as consumers move toward healthier juices and teas. The company is ... Read Full Story

PepsiCo’s Indra K. Nooyi is on a new realisation about the land of her birth as she leads the board of her global food and beverage empire at a meeting in Mumbai this week. “We feel that solutions which have been devised by us around the world, cannot be imposed here. The company needs to find unique solutions for India,” Nooyi, chairman and CEO of PepsiCo told a news conference in Delhi. PepsiCo’s brands such as Lays are already being complemented by local tags like Kurkure and lemon drink Nimbooz in a market in which its mainstay business, soft drinks, has faced a tough ... Read Full Story

CHICAGO (Reuters) - Soft drink maker Pepsico Inc <PEP.N> said on Saturday that Michael White, vice chairman and PepsiCo International chief executive, would retire later this year after nearly 20 years with the company. White will also leave his seat on the PepsiCo board of directors when he retires, which is the company's practice. The component businesses of PepsiCo International will be managed by Zein Abdalla, who becomes CEO of PepsiCo Europe, and Saad Abdul-Latif, who becomes CEO of PepsiCo Asia, Middle East, Africa. Both will report to PepsiCo CEO Indra Nooyi. "Close to a year ago, Mike shared with me his interest in ... Read Full Story

PepsiCo Inc. said Saturday Michael D. White will retire as vice chairman of the company and CEO of its International division after nearly 20 years at the soft drink maker. White, 57, also will step down from the company's board at his retirement within a few months. He joined PepsiCo in 1990 as vice president of planning for Frito-Lay North America and has been a director since 2006. Zein Abdalla, who becomes CEO of PepsiCo Europe, and Saad Abdul-Latif, who becomes CEO of PepsiCo Asia, Middle East, Africa, have been tapped to assume White's duties. In a statement, Indra Nooyi, PepsiCo chairman and CEO, ... Read Full Story

India news IndiaDude 34 minutes ago ( http://us.rd.yahoo.com ) View profile Category : Business/Stocks Noting that India's rapid growth is a critical engine of global economy, PepsiCo chief Indra Nooyi has said the business community in the United States was eager on playing an active role in the country's future economic development. Tell a friend   Bury Read Full Story