PepsiCo takes big step in merger with Lay's chips producer: joint management team

American company PepsiCo, which holds the Pepsi bottler and Star Foods, the producer of Lay's chips on the Romanian market, has put together one management team for the two divisions, with four new executives appointed in the last two months.
The changes come as the local Pepsi bottler and the Lay's chips producer integrated their Romanian operations after an international deal in which PepsiCo took over Pepsi Americas. PepsiCo had held Star Foods since back in 2004 and became the Pepsi bottler in Romania in the same year.
As a result, the two divisions have a joint management team, with some of the managers coming from Star Foods Romania.
"Anda Drilea, the new HR director, was HR director of Star Foods Romania, prior to the merger (...)," PepsiCo representatives told ZF.
Another manager coming from Star Foods is Michalis Orfanoudakis, former CFO of the chips producer, currently CFO of PepsiCo Romania.
"Starting October, the new marketing director of PepsiCo Romania is Manos Spanos, who previously ran the marketing department of PBG Greece, PepsiCo's bottler in Greece," added PepsiCo representatives, who also said the company's new Sales Director was Tunc Grencoglu, with 12 years' experience in the American company's international structures.