1. PepsiCo CFO Says the Company is Unlikely Breaking Up Under New CEO

    PepsiCo CFO Says the Company is Unlikely Breaking Up Under New CEO

    Don’t expect PepsiCo’s new CEO to completely dismantle the food and beverage empire that outgoing chief Indra Nooyi helped build. A major shakeup — usually focused on aggressive cost-cutting to boost profits quickly — is often a common maneuver taken by new CEOs. And with PepsiCo’s ( PEP ) stock down about 6% year to date, changes targeted to saving more money would likely be well-received by investors...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. We were pleased that PepsiCo exceeded muted sales growth and EPS expectations.
  3. Topics Mentioned