PEPSICO CREATES DEDICATED NORTH AMERICA MULTICULTURAL BUSINESS AND EQUITY DEVELOPMENT ORGANIZATION TO ACCELERATE RACIAL EQUALITY JOURNEY AND COMMUNITY EFFORTS ACROSS BEVERAGE AND CONVENIENT FOOD BUSINESSES
The new Multicultural Business and Equity Development Organization will operate across PepsiCo's North America beverage and convenient foods businesses and integrate work streams aimed at addressing a variety of business and people priorities into a one-team approachthat will enable PepsiCo to drive sustained change and scale faster across its entire North America businesses.
- The new Multicultural Business and Equity Development Organization will operate across PepsiCo's North America beverage and convenient foods businesses and integrate work streams aimed at addressing a variety of business and people priorities into a one-team approachthat will enable PepsiCo to drive sustained change and scale faster across its entire North America businesses.
- Underscoring the importance of this move, PepsiCo has appointedDerek Lewis as its first-ever president of Multicultural Business and Equity Development to lead this effort.
- Lewis will report to Kirk Tanner, CEO, PepsiCo Beverages North America and Steven Williams, CEO, PepsiCo Foods North America.
- "Leveraging this new team across PepsiCo's beverage and convenient foods businesses will allow us to more quickly scale this important work in communities across North America," said Steven Williams, CEO, PepsiCo Foods North America.