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Issue Date: Vol. 52, No. 2, February 2012, Posted On: 1/18/2012

Paul Finney Named Pepsi Bottling Ventures President And CEO

Emily Jed
Paul Finny, Pepsi Bottling Ventures LLC, Suntory International, PepsiCo, bottler, beverage distribution, beverage vending, beverage news

RALEIGH, NC -- Pepsi Bottling Ventures LLC, the largest privately held bottler and distributor of Pepsi-Cola products in North America, has appointed Paul Finney president and chief executive.

Finney succeeds Keith Reimer, who retired in December. He previously served as PBV's senior vice-president of sales and marketing since 2006. PBV reported that during Finney's six years with the company, it increased revenue by 41% and 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. He was also vice-president and general manager in southern California, Texas and New York. Before joining Pepsi, Finney worked at Nestlé.

Founded in 1943, PBV is a joint venture between Suntory International and PepsiCo. It operates 27 bottling and distribution facilities, serving more than 9 million consumers in parts of North Carolina, New York, Maryland, Virginia, Delaware, Vermont, Idaho and South Carolina.

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