PepsiCo stock holds near $144 as leadership handoff hits and year-end data looms
PepsiCo shares closed up 0.03% at $143.78 Friday as a leadership transition in its North America business takes effect Sunday, SEC filings show. Steven Williams moves to a global executive role while Ram Krishnan becomes CEO of PepsiCo North America. The change follows pressure from activist investor Elliott, which disclosed a $4 billion stake in September. Investors await U.S. housing data and Fed minutes on Monday.
