US: Board resignation at PepsiAmericas
The senior vice-president and treasurer of PepsiCo Inc. has resigned from the board of PepsiAmericasInc. The independent Pepsi bottler said yesterday (6 October) that Lionel L. Nowell III stepped down from its board last Thursday (30 September).
In a filing with the Securities and Exchange Commission, PepsiAmericas said that Nowell had served on its board since 2002.
No reasons for the resignation were provided.
PepsiAmericas owns the majority of Pepsi-Cola General Bottlers. It distributes Pepsi beverages, Ocean Spray fruit drinks and Starbucks' Frappuccino.
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