Albert P. Carey has been named CEO of PepsiCo Americas Beverages

Albert P. Carey has been named CEO of PepsiCo Americas Beverages

PepsiCo has announced several executive changes, including the appointment of a CEO of PepsiCo Americas Beverages.

Albert P. Carey, currently Frito-Lay North America president, has been named CEO of PepsiCo Americas Beverages, with immediate effect, the firm said today (14 September). Carey assumes responsibility for all aspects of the beverage business in the Americas.

Meanwhile, the beverage unit's current leader, Massimo d'Amore, will retain responsibility for the North American Gatorade and Tropicana businesses, as well as the Latin American beverage business, and will report to Carey. In addition, d'Amore will continue to lead the Global Beverages Group as president.

Tom Greco, Pepsi Beverages Co's executive vice president and chief commercial officer, will succeed Carey at Frito-Lay.

In addition, PepsiCo has announced the retirement of Pepsi Beverages Co's CEO, Eric Foss, with effect from 9 December. Foss has served in this capacity since February 2010, when he joined PepsiCo following the company's takeover of Pepsi Bottling Group and Pepsi Americas.  

Prior to the merger, Foss was chairman and CEO of Pepsi Bottling Group from 2006 to 2010.