PepsiCo has announced the departure of Frito-Lay North America CEO Tom Greco, and a series of senior executive changes that will expand the responsibilities of key leaders and support the company’s ongoing strategies for growth.
“Tom has been a strong and valued leader inside PepsiCo for more than three decades, and has made lasting contributions to our business. He is leaving PepsiCo to pursue his long-standing career goal of being CEO of a company outside our industry. He leaves FLNA in great shape. We thank him for his service and wish him nothing but the best as he begins a new chapter in his career,” said PepsiCo chairman and CEO Indra Nooyi.
“PepsiCo’s deep bench of world-class leaders and our top-notch talent development capabilities allow us to elevate our next generation of talent into bigger roles,” Nooyi said.
The company announced the following promotions:
“Al, Kirk and Vivek are three seasoned and successful leaders who are ready to take on increased responsibility,” Nooyi said. “They have each played an important part in our recent success and bring unique strengths to their new roles. I have every confidence that they will build on our progress and continue to propel our business forward.”
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