Circling back to the field for more productivity on the backs of middle aged men and women isn’t an unlock the board wants to hear.
Ramon and team have now seen North America. With the divisions intact the next move is obvious as Pepsico enters 2020.
Sector elimination is the obvious right call.
One thing is clear... Sector elimination needs to happen. The reality is elimination of the sector and pricing investment is right thing for the business as not a single individual at the sector influences the divisions on any level outside of the power of He or She’s “ Business card”.
Pay for share, buy IOD and eliminating the sector will achieve Ramon’s commitment to the board for 2020 and beyond.