PepsiCo Inc. has appointed its new chief corporate affairs officer who will succeed Roberto Azevedo, who is set to retire in June. The New York-headquartered snack and beverage company named Stephen Kehoe as Azevedo’s successor in the said role.
PepsiCo stated that Kehoe would also serve as chairman of the PepsiCo Foundation. Prior to these appointments, the new chief corporate affairs officer served as the Asia Pacific president and chief executive officer at Edelman, a communications company. This was a job role that Kehoe had held since July 2019.
He also worked at Visa for more than seven years, and before this, he has been the vice president of government affairs and communications of PepsiCo Europe. For the company’s global operations, Kehoe held the senior vice president of communications, government affairs and public policy as well.
With these positions, Kehoe is apparently just returning to PepsiCo after leaving the firm for several years. Overall, he was with the Pepsi drink manufacturer for six years.
“As a result of Roberto's retirement, Stephen Kehoe has been appointed as PepsiCo's incoming Chief Corporate Affairs Officer and Chairman of the PepsiCo Foundation Board, effective May 1,” PepsiCo stated in a press release. “He brings more than 30 years of experience in communications, public policy, government affairs and social impact including previous roles at Visa Inc. and Edelman.”
Kehoe will be directly reporting to PepsiCo’s chairman and chief executive officer, Ramon Laguarta. As he returns to the company, he will become a member of the executive committee, and Azevedo is expected to help with the change of leadership before he officially steps down.
Meanwhile, PR Week reported that PepsiCo’s posted a revenue amounting to $17.85 billion for the first quarter of this year. This figure showed a 10.2% increase compared to the previous year in the same period. The firm’s net income was $1.93 billion against the Q1 2022 results of $4.26 billion.


FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Washington Post Publisher Will Lewis Steps Down After Layoffs
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Instagram Outage Disrupts Thousands of U.S. Users
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 



