The board of directors of Whirlpool Corporation announced the appointment of Michael D. White, chairman and CEO of PepsiCo International, to its board. Mr. White's appointment increases the size of Whirlpool's board to 12 members.
As head of PepsiCo International, Mr. White oversees all of PepsiCo's beverage, snack, and food operations outside the U.S. and Canada. Prior to taking charge of PepsiCo International in February 2003, he had been president and CEO of PepsiCo's Frito-Lay division in Europe, Africa, and the Middle East. Among his other earlier positions with PepsiCo, which he joined in 1990 as vice president of Planning, were senior vice president and chief financial officer for PepsiCo., Inc., executive vice president and chief financial officer for Pepsi-Cola Company worldwide, and executive vice president and chief financial officer of Frito-Lay International.
"Mike has a proven track record in establishing and building a global consumer brand, which is at the heart of Whirlpool's brand value creation strategy," said David R. Whitwam, Whirlpool's chairman and CEO. "He will be a valued addition to our board, assisting us in our continued success in establishing Whirlpool's brands around the world as the most trusted and dependable home appliances in the industry."
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