Pepsi Bottling Ventures names new president, CEO

RALEIGH, N.C. — A joint venture between Suntory International and PepsiCo has appointed a new leader.

Paul Finney has been appointed president and CEO of Pepsi Bottling Ventures, who has served as SVP sales and marketing at the company since 2006. Finney replaces Keith Reimer, who retired on Dec. 31.

"Paul is an immensely talented and versatile executive with proven know-how in running a large sales organization, motivating people and exceeding customer expectations," said Tsuyoshi Nishizaki, president and CEO of Suntory International. "In addition to his knowledge of PepsiCo's bottling system and the diverse retail channels it serves, we are truly fortunate to have an executive of Paul's vast skills and experience taking the reins and steering PBV's strategic direction. While thanking Keith Reimer for his great contributions over the years, we anticipate a seamless leadership transition from Keith to Paul and we look forward to continued momentum in the marketplace."