The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith and editor and analyst Isaac Pino discuss topics across the investing world.
PepsiCo looks like it's going big game hunting and they've set their sights on management heavy Brian Cornell. Cornell has held positions with PepsiCo, Wal-Mart, and Safeway. Austin believes this is a move by PepsiCo CEO Indra Nooyi to regain lost market share from Coca-Cola. Coke's stock price has outpaced Pepsi's in recent years, as the soda titan continues to build market share. Austin likes Cornell's background, but hopes that it is leveraged effectively in his new position.
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