PepsiCo Exceeds Expectations and Appoints New CFO
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PepsiCo exceeded Wall Street expectations for revenue and profit in the third quarter on October 9, 2025. Contributing factors included stable demand for snacks and soft drinks in key international markets, as well as the strength of the healthier beverage category in the United States. The company also appointed Steve Schmitt, currently the CFO for the USA at its largest customer Walmart, as its new CFO effective November. He succeeds Jamie Caulfield, who served as CFO for approximately two years and is retiring after more than three decades...
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