Food Dive reported the development on 2025-11-10. Paul Chibe is taking the reins as the KeVita and Naked Smoothie owner faces financial difficulties following its spinoff from PepsiCo.
The report places the news in a wider commercial context. Tropicana Brands Group has named Paul Chibe as CEO, tapping the former Pabst leader to turn around sales as the orange juice maker battles financial difficulties and fruit shortages. Chibe succeeds Glen Walter, who will stay with the company in an advisory role through the end of the year. Walter led Tropicana Brands Group through its $3.3 billion spinoff from PepsiCo.
For the food sector, the practical implications extend beyond the immediate announcement. Chibe’s appointment is effective immediately. His career includes stints across the CPG space, most recently as CEO of privately held Pabst Brewing Company, where he was credited with driving significant growth, according to the release.
Attention now turns to how companies, customers and regulators respond. “Paul’s experience driving growth through innovation, adapting to a dynamic consumer landscape and integrating complex operating environments will be impactful at TBG,” Frédéric Stévenin, chairman of Tropicana Brands Group and co-managing partner of PAI Partners, said in the release.
Food Dive
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