Article: PepsiCo Announces Upcoming Retirement of Michael White, Vice Chairman and PepsiCo International CEO.

PepsiCo (NYSE:PEP) announced that Michael D. White, Vice Chairman and PepsiCo International CEO, has decided to retire from PepsiCo later this year after nearly 20 years with the company.

To ensure a smooth transition, White will continue leading the work of planning the integration into PepsiCo of the Pepsi Bottling Group and PepsiAmericas over the coming months. He also will retain responsibility for the corporate functions of procurement and information technology, as well as for the global concentrate operations function.

Given the importance of PepsiCo International to the corporation's growth plans, its component businesses will continue to be ...

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