PepsiCo, Inc., of Purchase, NY, has reached an agreement December 4, 2000 to acquire The Quaker Oats Company of Chicago, creating one of the world's five largest consumer products companies. Upon completion of the Quaker acquisition, a new management structure will take effect. From left to right are: Indra Nooyi, who will become President and CFO, Robert Morrison, who will be a Vice Chairman, while continuing as Quaker's Chairman and CEO, PepsiCo Chairman and CEO Roger Enrico, who also will remain as a Vice Chairman, and Steve Reinemund, who will become Chairman and CEO.