The company is said to be moving from its current structure of four beverage divisions to a new structure of three, this will be across PBNA. This move is expected to bring significant changes to the company's operations and leadership.
One of the key changes is the speculation of appointing a single CEO, similar to former CEO Al Carey, to oversee the operations of the three divisions. It is also rumored that Ram Krishnan will take over the beverages division, while his current position will be backfilled by someone else, potentially a current beverage president.
It is not clear where Kirk will go in the new structure, but it is speculated that Steven may take over both. The identities of the presidents of the three divisions have not been confirmed. However, it is expected that the new presidents will have significant experience and expertise in their respective fields.
With the restructuring, it is expected that there will be a change in the number of Vice Presidents (VPs) across the company's Go-To-Market (GTM) operations. The exact number of VPs to be added is not known, but it is speculated that there may be a reduction in the number of Heads due to the consolidation of the divisions.
If they’re thinking like me and my union merchandiser buddies then they will mirror the Frito and Beverage org structure as one. Obviously Frito would get a much needed gut.
If you’re wondering how I got so smart I married a doctor and never went into management. I stay fit by doing jobs no one wants to do and I am home by 1pm Tuesday through Friday with Saturday through Monday off. Life is good 😊
It is important to note that this information has not been officially confirmed by PepsiCo and should be taken with caution until there is an official announcement from the company. Restructuring plans and leadership changes can have a significant impact on a company, and it is essential for stakeholders to wait for official information before drawing any conclusions.
Very informative, reposted as thread from @eqiw+1kQyxRpu.