date:May 17, 2012
Although the shareholder firm did not outline any changes immediately, it noted that the company would perform better if its beverage business is separated from its food division, reported Wall Street Journal, citing people with knowledge of the matter.
It is reported that both the parties have evaluated the North American beverage division and have come into a conclusion. If the performance does not show signs of improvement, a restructuring of the company may be implemented.
PepsiCo chief