PepsiCo Shakes Up U.S. Management, Joining Chips and Soda

  • North America Beverages CEO will now oversee three businesses
  • Frito-Lay CEO is leaving to become leader of another company

PepsiCo Inc. promoted executive Al Carey to a new position overseeing all three of its North American beverage and snack businesses, a move that more tightly integrates the sprawling company’s food and drink operations.

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