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Steven Reinemund

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BUSINESS
September 8, 1999 | From Associated Press
PepsiCo Inc. President Steven Reinemund, longtime leader of the company's Frito-Lay division, is looking more like the heir apparent to head the world's No. 2 beverage maker. Reinemund was given the additional title of chief operating officer Tuesday, and Philip Marineau, who had been considered another possible successor to Chairman and CEO Roger Enrico, announced his resignation. Marineau, president of Pepsi-Cola North American, said he was leaving to head Levi Strauss & Co.
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BUSINESS
September 8, 1999 | From Associated Press
PepsiCo Inc. President Steven Reinemund, longtime leader of the company's Frito-Lay division, is looking more like the heir apparent to head the world's No. 2 beverage maker. Reinemund was given the additional title of chief operating officer Tuesday, and Philip Marineau, who had been considered another possible successor to Chairman and CEO Roger Enrico, announced his resignation. Marineau, president of Pepsi-Cola North American, said he was leaving to head Levi Strauss & Co.
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BUSINESS
January 12, 2001 | Bloomberg News
Quaker Oats Co. Chief Executive Robert Morrison will get a payment of about $19.3 million if he stays at least 18 months after PepsiCo Inc. completes its planned purchase. The payment is in addition to his $1.11-million annual salary. Morrison agreed to remain Quaker Oats' chairman, president and CEO after the acquisition. He also will become co-vice chairman of PepsiCo with Roger Enrico, the soft-drink maker's current chairman and CEO.
BUSINESS
May 3, 2001 | Reuters
Soft drink, snack and juice giant PepsiCo Inc. said Steven Reinemund was elected chairman and chief executive by the company's board and that Chief Financial Officer Indra Nooyi was given the additional title of president. The executive moves are in line with a transition plan announced last year, which was set to take effect when the company's acquisition of Quaker Oats Co was completed.
BUSINESS
July 11, 2003 | From Bloomberg News
PepsiCo Inc., the world's No. 2 soft-drink maker, said second-quarter earnings climbed 15% after sales were boosted by Gatorade and the introduction of a lower-fat line of Lay's potato chips and Cheetos cheese puffs. Net income rose to $1.01 billion, or 58 cents a share, from $875 million, or 48 cents, a year earlier. Sales increased 6.8% to $6.54 billion, the biggest gain in more than a year, said PepsiCo, based in Purchase, N.Y.
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