Does PepsiCo Need A CEO Succession Plan?

Recently, PepsiCo announced that Tom Geco, CEO of its Frito-Lay North America division, will be leaving the company to pursue other interests. Al Carey will be promoted as CEO- North America to oversee FLNA, along with the North America Beverages and Quaker Foods North America divisions. The company believes that bringing its three North American businesses under a single leader will enable PepsiCo to further leverage its complementary brand portfolio across snacks, beverages and nutrition, so a...