Corporate News

Corporate news affecting the convenience store industry

PepsiCo said that Albert (Al) P. Carey has been named president and CEO of the company's Frito-Lay North America (FLNA) division.

PURCHASE, N.Y. -- PepsiCo said that Albert (Al) P. Carey has been named president and CEO of the company's Frito-Lay North America (FLNA) division. The appointment follows the departure of Irene B. Rosenfeld, whoas reported yesterday in CSP Daily Newswas just named CEO of Kraft Foods Inc. Carey...

BP ongoing assessment leads to divestment of 34 properties

MIAMI -- Continuing its recent spate of selloff activity, BP Products North America Inc. (BP) is selling 34 southern Florida properties. The sale portfolio includes BP-branded gas stations with ampm franchise stores, BP-branded stations with convenience stores and commercial sites. As part of its...

Frito-Lay exec replaces the departing Deromedi

NORTHFIELD, Ill. -- Kraft Foods Inc.'s board has appointed Irene B. Rosenfeld as CEO, effective immediately, replacing Roger K. Deromedi, who has mutually agreed with the board to leave the company to pursue other interests. Rosenfeld was most recently chairman and CEO of Frito-Lay, a division of...

Cilento, Haugh honored in Energy Technology category
New York chain opens store with focus on food, technology
Wine charged with developing, leading product innovation strategy
New Town & Country store emerges from dream phase
North Carolina chain buys six-store neighbor, purchases two other stores separately
Lamb remains as chairman of executive committee, board; Myers takes chief exec spot
Kraft's Deromedi outlines deal strategy; won't comment on targets.

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