Indra Nooyi was PepsiCo’s CEO during the company’s 2010 acquisition of its two largest North American bottlers.
Nooyi became PepsiCo’s chief executive on October 1, 2006, succeeding Steve Reinemund. She had previously served as the company’s chief financial officer and president, roles that gave her a central part in PepsiCo’s broader strategy of combining beverage, snack, and food businesses.
In 2009, PepsiCo proposed acquiring the outstanding shares of Pepsi Bottling Group and PepsiAmericas. The transactions were completed in 2010 and combined the bottling operations into Pepsi Beverages Company, a new wholly owned PepsiCo subsidiary. The move gave PepsiCo more direct control over distribution, sales execution, and its relationship with major North American beverage markets.
The main potential confusion is Eric Foss, who became CEO of the new bottling unit. That was a subsidiary-level position, not the top job at PepsiCo. Roger Enrico and Donald Kendall were former PepsiCo leaders, but neither was CEO during the 2010 bottler acquisition. Nooyi remained PepsiCo’s chair and CEO until 2018.