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Leadership Changes at PepsiCo

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Leadership Changes at PepsiCo

Leadership Changes at PepsiCo
December 02
12:19 2014

PepsiCo has announced two leadership appointments that further strengthen the company’s management team. Enderson Guimaraes, currently CEO, PepsiCo Europe, has been named EVP, Global Categories and Operations, PepsiCo. He will be responsible for overseeing the company’s Global Beverage, Global Snacks and Global Nutrition Groups; its Business & Information Solutions function; Global Procurement; Productivity; Supply Chain; and Corporate Strategy.

Ramon Laguarta, currently President, Developing & Emerging Markets, PepsiCo Europe, has been named CEO, PepsiCo Europe. He will be responsible for overseeing the company’s food and beverage business across Europe and food business in Sub-Saharan Africa. Both Guimaraes and Laguarta will report to PepsiCo Chairman and CEO Indra Nooyi.

“PepsiCo enjoys a deep bench of leaders across the company that is enabling us to consistently deliver strong results and create shareholder value,” Nooyi said. “Enderson and Ramon are highly skilled operators who have built impressive performance track records throughout their careers. They bring the right qualities and experiences to their new roles and their leadership will continue to benefit PepsiCo as we execute our strategy to deliver long-term sustainable growth.”

Ramon Laguarta, new CEO of PepsiCo Europe.

Ramon Laguarta, new CEO of PepsiCo Europe.

With estimated net revenues of $13 billion and encompassing over 50,000 employees, almost 900 million consumers, 11 time zones and more than 45 countries, PepsiCo Europe spans from Russia west to Portugal, and Turkey north to Norway.

Guimaraes joined PepsiCo in 2011 as President, Global Operations. In this role, he was responsible for strategic sourcing management, global operations, business and information solutions, and global productivity. He also previously served as President of PepsiCo’s Global Nutrition Group before becoming CEO of PepsiCo Europe in 2012.

In his new role, Guimaraes assumes responsibilities previously held by Zein Abdalla, who is retiring at the end of this year as the company disclosed last month.

Laguarta joined PepsiCo in 1996 and has held a number of senior leadership positions that have contributed to the success of the company’s European operations. He previously served as President, PepsiCo Eastern Europe Region, which includes Russia and the Commonwealth of Independent States. He also spent time as Commercial Vice President for PepsiCo Europe, General Manager for Iberia Snacks and Juices, and General Manager for Greece Snacks.

Prior to joining PepsiCo, Laguarta worked for Chupa Chups, S.A., a leading Spanish confectionary company, where he held several international assignments in Europe and the U.S.

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