March 12/Purchase, N.Y./PRNewswire -- PepsiCo announced a new global structure and strengthened management team -- important steps in PepsiCo's move to become a fully integrated, global food and beverage company. In the new structure, while the regions retain ownership of the P&L, PepsiCo's global groups will work across the regions to fully leverage the power and scale of the company. Consistent with this shift, PepsiCo announced the following leadership changes, effective immediately:
Former PepsiCo executive Brian Cornell has rejoined the company as CEO, PepsiCo Americas Foods. Cornell most recently was president and CEO, Sam's Club, a division of Wal-Mart Stores Inc.