Coach names former PepsiCo exec as new CFO

NEW YORK, July 27 (Reuters) - Upscale handbag and accessories maker Coach Inc (COH.N: Quote) named former PepsiCo Inc (PEP.N: Quote) executive Jane Nielsen as its chief financial officer, effective Sept. 1.

She succeeds Michael Devine, who announced plans to retire earlier this year.

Nielsen was most recently senior vice president and CFO of PepsiCo Beverages Americas and the Global Nutrition Group, with combined revenue of over $17 billion.

(Reporting by Dhanya Skariachan; editing by John Wallace)