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PepsiCo Hires Electrolux Exec To Fill Post

PURCHASE, N.Y. (AP) — PepsiCo Inc.'s President of Global Operations, Richard Goodman, is retiring. He will be succeeded by Electrolux executive Enderson Guimaraes. Goodman has worked at the soft drink maker for 17 years, holding various roles such as chief financial officer. He had initially wanted to retire in 2010, but delayed his departure for a year at the company's request, PepsiCo Chairman and CEO Indra Nooyi said in a statement on Wednesday.

PURCHASE, N.Y. (AP) — PepsiCo Inc.'s President of Global Operations, Richard Goodman, is retiring. He will be succeeded by Electrolux executive Enderson Guimaraes.

Goodman has worked at the soft drink maker for 17 years, holding various roles such as chief financial officer. He had initially wanted to retire in 2010, but delayed his departure for a year at the company's request, PepsiCo Chairman and CEO Indra Nooyi said in a statement on Wednesday.

Guimaraes, who will take on the post next month, was executive vice president and CEO of Electrolux's appliance business for Europe, Africa and the Middle East. In his new role with PepsiCo, Guimaraes will be responsible for strategic sourcing management, global operations, business and information solutions and global productivity.

Guimaraes will report to Nooyi.

The announcement comes two weeks after PepsiCo disclosed that North American Beverage Chief Eric Foss plans to step down later this year. Foss joined the Purchase, N.Y. company last year when PepsiCo bought its two biggest bottlers. He will be replaced by Al Carey.

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