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Mark Kirkham, a 14-year company veteran, is taking over the role long held by Greg Lyons as PepsiCo ramps up a focus on better-for-you offerings.
While meant to be a joke, the fake offerings can generate valuable buzz and in some cases lead to real product launches.
The beer giant will shift operations to another facility in North Carolina, where it is investing $1 million.
CEO Wendy Davidson said the Sleepytime Tea maker needed to first stabilize its business and boost innovation before it could tap into movements such as GLP-1 use.
The snacks maker is bringing the popular flavor to its latest products, while the cheese producer is working with large food companies to shake up its ready-to-eat dishes.