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The next stage of his career brought him wide recognition in the business community while he served as President of KFC International Asia and CEO of PepsiCo Restaurants International, Asia, and the Middle East. [4] [5] At KFC International Asia Tim Lane inherited a loss-making 250 store system generating $250 million in sales. [6]
About 750 jobs were expected to be cut in Pepsi Bottling's U.S. and Canada operations, including the closure of four facilities in the U.S. In Europe, operation streamlining would impact 200 jobs, while in Mexico, the closure of three plants, 30 distribution centers and 700 routes would impact 2,200 jobs.
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products.
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From 1988 to 1991, Pleasants occupied a position as sales and marketing executive for Hygiene Industries. [5] Afterward, Pleasants spent three years as the brand manager for PepsiCo/Frito-Lay from 1995 to 1998, and then began a career with CitySearch, which became Ticketmaster Online CitySearch and ultimately Ticketmaster. [6]
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A year later, PepsiCo purchased Taco Bell from founder Glen Bell. [4] In July 1986, R. J. Reynolds sold KFC to PepsiCo [4] to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired via Taco Bell from William Van Domelen, [5] but the company was sold in 1996. [6] In 1992, PepsiCo acquired California Pizza Kitchen.
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