FDBusiness.com

PepsiCo Announces Leadership Changes

 Breaking News
  • Younger British Consumers Turn Over a New Leaf on Tea New research from Mintel reveals that as many as 37% of British consumers aged 25-34 have drunk 5-6 different types of tea at home or in the workplace over the past month*, compared to just 3% of those aged 55+. Furthermore, Brits aged 25-34 are the most likely to drink every variety of tea tracked by [...]...
  • Irish Consumer Confidence Hits New High Consumer confidence in Ireland has hit its highest level since the recession and is now the fourth most confident country in Europe, according to the latest Nielsen Global Survey of Consumer Confidence and Spending Intentions. The Republic of Ireland’s Consumer Confidence Index score – which measures attitudes each quarter on topics including personal finances and job prospects [...]...
  • Fifth Acquisition For Frutarom in 2017 Frutarom Industries, one of the world’s 10 largest companies in the field of flavours and natural specialty fine ingredients, continues its momentum of acquisitions and the implementation of its rapid and profitable growth strategy by agreeing to purchase of 100% of the shares of the UK company Flavours and Essences (UK) Ltd (F&E) for approximately [...]...
  • Market-leading Food Contact Conference, Plastics & Paper in Contact with Food – 4-7 December, Berlin Over 200 experts from across the food contact industry will come together in Berlin, Germany from 4–7 December 2017 to attend Smithers Pira’s Plastics & Paper in Contact with Foodstuffs (P&P) –http://www.food-contact.com/plastics-paper. With the European Commission having recently published EU regulation 752/2017 amending EU Regulation 10/2011 on plastic materials and articles intended for food contact, all [...]...
  • Croxsons’ Stunning Black Bottle For 6 O’Clock Gin’s Limited Edition Debut Leading glass packaging company Croxsons has supplied Bristol based distiller, 6 O’Clock Gin, with a stunning black bottle for their first limited edition gin product – the Brunel Edition. Since Bramley & Gage’s partnership with Croxsons for the re-launch of their 6 O’Clock gin, the Brunel Edition is the first limited edition gin for 6 O’Clock [...]...
  • Carlsberg Group Remains on Course Carlsberg Group has announced organic and reported net revenue growth of 2% to DKr31.77 billion (€4.27 billion) for the first half of 2017 although group beer volumes fell organically by 3%, chiefly due to a decline in Russia. Operating profit was up 15% organically, with all three regions – Western Europe, Eastern Europe and Asia [...]...

PepsiCo Announces Leadership Changes

PepsiCo Announces Leadership Changes
July 10
09:36 2015

PepsiCo has announced a series of leadership appointments and realigned some of its business segments to support the company’s global business priorities and growth strategies.

Hugh Johnston, executive vice president and chief financial officer, is being named vice chairman. He will continue to serve as CFO, as well as oversee the Quaker Foods North America business and PepsiCo’s global e-commerce organization. In addition, he will now have responsibility for the company’s global business and information solutions function, which provides information technology systems and solutions across PepsiCo.

The expansion of Johnston’s responsibilities comes as PepsiCo continues to pre-emptively address global trends that are reshaping the food and beverage industry. One such trend is the rise of the digitally connected consumer and the emergence of e-commerce as a new distribution channel. Putting the company’s information technology and e-commerce organizations under the oversight of a vice chairman will accelerate new solutions and further strengthen PepsiCo’s digital technology capabilities.

Hugh Johnston.

Hugh Johnston.

The move follows PepsiCo’s appointment of Mehmood Khan, executive vice president and chief scientific officer, to vice chairman earlier this year. In his role, Khan is focused on leading PepsiCo’s global sustainability agenda and identifying new ways to embed sustainable business practices across all facets of the company’s business. He continues to lead PepsiCo’s global Research & Development organization.

Eugene Willemsen, currently president, PepsiCo Lipton, has been named executive vice president, Global Categories & Franchise Management. He will be responsible for overseeing the company’s global beverages, global snacks and global nutrition groups, as well as its global franchise organization. Willemsen will also continue to oversee PepsiCo’s Lipton relationship.

Brian Newman, currently senior vice president and general manager, Global E-Commerce, has been named executive vice president, Global Operations. He will be responsible for global operations and supply chain, global procurement, productivity, global security, risk management and corporate strategy.

Laxman Narasimhan, currently CEO, Latin America Foods, has been named CEO, Latin America. He will now lead an integrated food and beverage business across the region, creating new opportunities to leverage the scale of PepsiCo’s complementary brand portfolio and enable greater synergies.

Narasimhan’s appointment accompanies a realignment of certain reportable segments of PepsiCo’s business that will begin in the third quarter of 2015. The company’s food and beverage businesses in Latin America will be combined and reported as Latin America, creating a Latin America segment consistent with PepsiCo’s other international segments, which are managed as integrated food and beverage businesses.

PepsiCo Americas Beverages will be renamed as North America Beverages, led by CEO Al Carey. In addition, Carey will play a broader role in the company as leader of its Center of Excellence on Customer Management.

PepsiCo’s Sub-Saharan Africa business, which is currently part of the Asia, Middle East and Africa division, will move to the Europe segment, which is renamed Europe Sub-Saharan Africa (ESSA). As a result, the Asia, Middle East and Africa segment (AMEA) will be renamed as Asia, Middle East and North Africa (AMENA). Ramon Laguarta will continue as CEO of ESSA, while Sanjeev Chadha will continue as CEO of AMENA.

Enderson Guimaraes, who previously had responsibility for many of the areas now overseen by Willemsen and Newman, has chosen to pursue an opportunity outside PepsiCo after four years with the company. Guimaraes had a positive impact on the business during that time, transforming the operating model across the company’s Europe business and helping to drive an aggressive productivity agenda.

“Our consistent focus on talent development has built a best-in-class leadership pipeline that is fuelling our success and positioning PepsiCo well for sustainable long-term growth,” says PepsiCo Chairman and CEO Indra Nooyi. “These executives are highly respected leaders across PepsiCo and they bring unique strengths to their new roles. They each possess the strategic acuity, global mindset and operational know-how to succeed in today’s dynamic business environment, and they will play key roles in driving our business forward.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements