PepsiAmericas elects new board member

MINNEAPOLIS PepsiAmericas announced that Wahid Hamid was elected to the company’s board of directors, effective July 23.

Hamid is senior vp of corporate strategy for PepsiCo where he is responsible for strategic initiatives including mergers and acquisitions. Before taking his current role, Hamid served as cfo for PepsiCo Americas Foods where he led the finance agenda for the sector and was responsible for accelerating key strategic initiatives. Prior to joining PepsiCo, Hamid spent 15 years with The Boston Consulting Group, in a variety of roles that included leading their consumer goods and retail practices across Asia Pacific. Most recently, Hamid was senior vp and director.

“The addition of Mr. Hamid to PepsiAmericas’ board ensures that our company will continue to benefit from a diversity of experiences and opinions,” said PepsiAmericas’ chairman and ceo Robert C. Pohlad. “Wahid’s industry and financial expertise will be of great value to PepsiAmericas as we continue our growth strategy. He is an accomplished strategist with a deep understanding of our business. We look forward to working with Wahid and to his contributions to the PepsiAmericas’ board.”