PepsiAmericas

PepsiAmericas, Inc. (NYSE: PAS) is the world's second-largest bottler of Pepsi-Cola products, and also contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas has 19 bottling plants in the United States and has presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas is based in Minneapolis, Minnesota. PepsiCo, Inc. holds a 41.1% stake in the company. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas it does not currently own, at an offer of $23.27 per share (or $11.64 in cash in addition to 0.223 PepsiCo shares, in exchange for each PepsiAmericas share).^[1]

Management

• Robert C. Pohlad – Chairman and Chief Executive Officer
• Kenneth E. Keiser – President and Chief Operating Officer, Worldwide
• Alexander H. Ware – Executive Vice-President and Chief Financial Officer
• Michael Durkin – Executive Vice-President, PAS U.S. Operations
• James R. Rogers – Senior Vice-President, PAS International Operations
• Matthew E. Carter – Senior Vice-President, Strategy and Corporate Development
• Jay S. Hulbert – Senior Vice-President, Worldwide Supply Chain
• Anne D. Sample – Senior Vice-President, Human Resources

History

In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name.^[2] Whitman was originally founded as the Illinois Central Railroad. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.^[3]

References

External links

• PepsiAmericas, Inc.
• Company profile at answers.com.

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