What's Happening?
Tropicana Brands Group has announced the appointment of Paul Chibe as its new chief executive officer, effective November 10, 2025. Chibe succeeds Glen Walter, who will remain with the company in an advisory role until the end of the year. Chibe brings
extensive leadership experience from his previous roles as CEO of Pabst Brewing Co., CEO of Ferrero North America, and US chief marketing officer at Anheuser-Busch InBev. Tropicana Brands Group, a joint venture between PAI Partners and PepsiCo, manufactures popular beverage brands such as Tropicana, Naked, Kevita, Izze, Dole, and Copella.
Why It's Important?
The leadership change at Tropicana Brands Group is crucial as it comes at a time when the company is navigating a competitive beverage market. Paul Chibe's appointment is expected to bring fresh strategic insights and leadership to the company, potentially influencing its market positioning and growth trajectory. The joint venture structure, with PepsiCo retaining a 39% stake, highlights the strategic importance of the juice business within PepsiCo's broader portfolio. Chibe's experience in leading major consumer brands could drive innovation and expansion in Tropicana's product offerings.
