PepsiCo CEO Ramon Laguarta highlighted Schmitt’s expertise in complex supply chains, adapting to omnichannel consumers, and delivering operational excellence at scale as “impactful” for PepsiCo’s growth strategy.
“The stakes are high for PepsiCo. With $29 billion a year in revenue, North America Beverages is the food-and-beverage giant’s single biggest division,” Wahba writes.
Gatorade’s revamp includes new protein-focused products and expanded offerings like powdered mixes. Its newest release, Gatorade Lower Sugar—which contains 75% less sugar than the original and no artificial flavors or sweeteners—will arrive in stores in early 2026.
The months ahead will reveal whether a new CFO and a bold beverage play can satisfy investors and spark lasting growth.
Have a good weekend.
