PepsiCo Inc.’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors. Ramon Laguarta, currently head of the company’s Europe and sub-Saharan Africa business, will become PepsiCo’s president, a headquarters role covering global operations, corporate strategy, public policy and...

Source: Wall Street Journal July 20, 2017 12:00 UTC