The FINANCIAL — Pepsi Bottling Ventures, LLC, a joint venture between Suntory International and PepsiCo, today said that Paul Finney has been named its President and Chief Executive Officer. He succeeds Keith Reimer, who retired on December 31st, 2011. Finney had served as PBV's Senior Vice President, Sales & Marketing since 2006, according to Pepsi.
During Finney's six years with PBV, revenue has increased 41% and PBV has expanded its footprint from five to eight states.
Prior to joining PBV, Finney spent 17 years with Pepsi-Cola North America in a variety of roles including Vice President of Sales at SoBe and Vice President/General Manager in a variety of locations including Southern California, Texas, and New York. Before joining Pepsi, Finney worked for the Nestle Corporation.
Founded in 1943, PBV is the largest privately held bottler and distributor of Pepsi-Cola products in North America. PBV operates 27 bottling and distribution facilities, serving over nine million consumers in parts of North Carolina, New York, Maryland, Virginia, Delaware, Vermont, Idaho and South Carolina.