PepsiCo taps Walmart veteran as CFO, bets big on beverage revamp

fortune.com/2025/10/10/pepsico-taps-walmart-veteran-cfo-bets-big-beverage-revamp

Good morning. PepsiCo is overhauling its beverage portfolio—refueling interest in drinks like Gatorade—and named a new finance chief.
On Thursday, the beverage giant (No. 45 on the Fortune 500) announced that Steve Schmitt will join as EVP and CFO effective Nov. 10. Schmitt, a Walmart…

This story appeared on fortune.com, 2025-10-10 12:21:24.
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