Reported about 16 hours ago
PepsiCo reported quarterly earnings that surpassed analysts' expectations and announced Steve Schmitt as the new CFO, effective November 10, replacing Jamie Caulfield, who is retiring. The company showed a slight revenue increase, bolstered by its international business and improvements in North America. Despite a nearly 9% decline in share value for 2025, the announcement aims to boost investor confidence amidst pressure from activist investors for operational changes.
Source: YAHOO