PepsiAmericas has said that Larry Young, executive vice president of corporate affairs, is leaving the company on Friday (4 March). Young, 50, is leaving PepsiAmericas to "pursue new opportunities that fully utilise his experience and skills," the company said.

"We are fortunate that we were able to benefit from Larry Young's considerable talents and energy," said Robert C. Pohlad, chairman and chief executive officer.

Young, who spent more than 25 years in the Pepsi business, held sales and marketing executive positions and was the president and chief operating officer of Pepsi-Cola General Bottlers before the merger with PepsiAmericas. Young spent nearly a decade building the company's international presence and customer base. He was also a member of the startup team that developed production and distribution operations in Poland and helped to establish the Pepsi bottling system in St. Petersburg, Russia and the Baltics.

"Larry played a crucial role in the merger of Pepsi-Cola General Bottlers and PepsiAmericas in 2000," Pohlad said. "Once the merger was complete, he took a highly visible role building our international growth in Central Europe and the Caribbean."

As executive vice president of corporate affairs, Young used his extensive bottling industry relationships to identify and develop growth opportunities and was the company's senior representative for corporate and government affairs and bottler relations.

Commenting on his decision, Young said: "PepsiAmericas has been my life's work and passion. However, the time has come to put my experience to work in other ways. It has been a privilege to hold a leadership role in such a great beverage company."