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Tropicana Brands, a recently formed joint venture between PAI Partners and PepsiCo, has appointed former Mondelēz vice president Glen Walter as its CEO, effective 2 March. Tropicana Brands, which was formed following PAI’s acquisition of Tropicana, Naked and other juice brands, markets, manufactures and distributes juice products across North America and Europe. The company is headquartered in Chicago and PAI has a controlling stake. Glen Walter commented on the appointment: "I am thrilled to be leading Tropicana Brands Group at this pivotal time working alongside the existing team that has built great momentum for these storied and iconic brands. I look forward to hitting the ground running and developing and executing our growth plans with our retail partners, customers and suppliers." Glen Walter joins Tropicana Brands from Mondelēz International, where he served as executive vice president and president in North America.