PepsiAmericas has appointed a new executive vice president and chief financial officer. Alex Ware replaces Mike Durkin, who recently accepted the role of executive vice president of US operations for the company.

Ware will report to PepsiAmericas' chairman and chief executive officer, Robert C. Pohlad, and will lead the company's global finance function.

"Alex has broad financial expertise with experience in investment banking, strategy and planning, M&A and corporate finance," said Pohlad. "He will focus on building shareholder value by maintaining our strong relationship with the investment community and managing our finance and treasury initiatives."

Ware, age 42, served as senior vice president, planning and corporate development from January 2003 to March 2005. Prior to this role he served as vice president finance for PepsiAmericas' East Group. He joined PepsiAmericas in 1999 from PepsiCo, where he held a number of finance, strategic planning and corporate development roles.

PepsiAmericas also announced that Andre Hawaux will join the company on 9 May as senior vice president, strategy and corporate development. Hawaux, age 44, joins PepsiAmericas from Pepsi-Cola North America where he was chief financial officer for the PepsiCo beverage unit. An industry veteran with planning, international and financial experience, Hawaux has spent the last 25 years in the Pepsi system, holding positions in corporate finance and audit, business planning and international finance.

"I am extremely pleased with the strength of PepsiAmericas' executive team," said Pohlad. "Over the last two years, we have demonstrated consistent performance and we continue to challenge our worldwide operations to strengthen operating synergies and increase revenue growth. These senior-level management changes should ensure this progress continues."