PepsiCo North America CEO Carey to retire after 3 years in the role, 38 years at the company [MarketWatch]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: MarketWatch
PepsiCo North America CEO Carey to retire after 3 years in the role, 38 years at the company Pepsi parent PepsiCo Inc. PEP, +2.12% said Friday that Albert Carey, chief executive of PepsiCo North America, will retire at the end of March 2019 after three years in the role, and about 38 years at the company. Separately, the company said Vivek Sankaran, who is currently chief operating officer of Frito-Lay North America, will become CEO of that unit, while Kirk Tanner, who is COO of North America Beverages, will be the units CEO. PepsiCo's stock rose 1.5% in premarket trade. It has lost 4.1% over the past three months, while the SPDR Consumer Staples Select Sector ETF XLP, -0.12% has declined 7.8% and the S&P 500 SPX, +0.42% has shed 15.8%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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PEP
News
- PepsiCo, Inc. (NASDAQ: PEP) had its price target raised by analysts at JPMorgan Chase & Co. from $178.00 to $181.00. They now have a "neutral" rating on the stock.MarketBeat
- PepsiCo beats Q1 revenue forecasts as price increases [MoneySense]MoneySense
- PepsiCo (PEP) Q1 Earnings & Sales Beat, International Unit Aids [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, PepsiCo (PEP) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- PepsiCo Boosted by International Growth as US Sales Drop [Yahoo! Finance]Yahoo! Finance
PEP
Earnings
- 4/24/24 - Miss
PEP
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form PX14A6G
- PEP's page on the SEC website