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News Watch
PepsiCo's White Hired By DIRECTV (DTV,PEP) - 11/18/2009 2:15:44 PM

11/18/2009 - DIRECTV (NYSE:DTV) named Michael White as its new President and CEO. White is currently CEO of PepsiCo International (NYSE:PEP) and chairman of PepsiCo but announced in September that he will retire later this year. His position with DIRECTV begins January 1, 2010 and he has also joined DIRECTV's Board of Directors. Chairman John Malone said, "After a very thorough search, we have found an exceptional leader with a sustained track record of success, profitably growing businesses and a reputation for making the impossible possible. Mike also brings the highest degree of leadership, innovation and passion to the table - all qualities that will help drive DIRECTV's performance in the coming years. I look forward to watching him build on DIRECTV's success and lead the company to an exciting new future."


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