This acquisition marks a significant step in PepsiCo’s ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance[Read More…]
Tag: Ram Krishnan
PepsiCo appoints Ram Krishnan as CEO of North America
Krishnan currently serves as Chief Executive Officer of International Beverages and Chief Commercial Officer for PepsiCo PepsiCo announced that Kirk Tanner, CEO of the company’s North American beverage business will retire on February 2. Ram Krishnan has been appointed as the CEO of PepsiCo Beverages North America. Tanner will join The Wendy’s Company[Read More…]