Stephanie Hughes

So you're not just choosing a good leader, you're choosing the next face of the company.

I'm Stephanie Hughes for Marketplace.

I'm Stephanie Hughes for Marketplace.

The name PepsiCo might call to mind a bottle of cola, but many of the company's products are actually salty snacks, says Errol Schweitzer, publisher of the Checkout Grocery Update.

The name PepsiCo might call to mind a bottle of cola, but many of the company's products are actually salty snacks, says Errol Schweitzer, publisher of the Checkout Grocery Update.

They control more than 50% market share.

They control more than 50% market share.

and packaged snacks in many major metro areas.

and packaged snacks in many major metro areas.

That's largely through Pepsi's ownership of Frito-Lay.

That's largely through Pepsi's ownership of Frito-Lay.

But even with the delightful rhymes, the snacks haven't been selling all that well.

But even with the delightful rhymes, the snacks haven't been selling all that well.

There are two big reasons for that, says Peter Galbo, an analyst with Bank of America.

There are two big reasons for that, says Peter Galbo, an analyst with Bank of America.

The first?

The first?

It's about affordability.

It's about affordability.

Pepsi raised its snack prices during the pandemic when a lot of people were at home apparently snacking.