FDBusiness.com

Senior Leadership Changes at PepsiCo

 Breaking News
  • British Brewers Decrease Their CO2 Emissions by 42% Total CO2 emissions from the UK’s brewing industry have fallen by 42% in the last decade (2008 to 2018) – a reduction of 202,952 tonnes – according to new research conducted by the British Beer & Pub Association (BBPA). The research also found that the energy used to brew a pint of beer in the [...]...
  • Small Irish Snack Manufacturer Secures Major Contract With Tesco Pinkfinch, a County Down-based fruit snacks supplier, has secured a major contract with Tesco Ireland, which will see an estimated 100,000 bags sold annually. From launching his business in his parent’s spare bedroom five years ago,  Pinkfinch founder Michael Heaslip (pictured) has grown his innovative product line across Ireland, the UK, Europe, and the Middle East,  with [...]...
  • UK Supermarkets are Struggling to Grow The latest grocery market share figures, published by Kantar, show year-on-year supermarket sales were flat during the 12 weeks to 11 August 2019 as the tough comparisons with 2018’s strong summer continue. The memory of last year still looms large for retailers and this summer’s comparatively poor weather, combined with low levels of like-for-like price [...]...
  • Tickets Still Available For 2019 Irish Food & Drink Business Awards Some tickets are still available for the 2019 Irish Food & Drink Business Awards presentation ceremony and gala dinner to be held at the Citywest Hotel in Dublin on the evening of Thursday, 5 September 2019. The winners of the 2019 Awards will be named at the event. The prestigious awards programme, which was first introduced [...]...
  • Nestlé UK Launches New On-trend Flavours Nestlé has introduced two new on-trend flavours to its much-loved Munchies brand in the UK and Ireland. Available in 101g sharing bags, new Munchies Chocolate Fudge Brownie and Munchies Cookie Dough are the first new Munchies products since 1996. The new flavours were created at Nestlé’s confectionery sites in York and Fawdon, Newcastle. Munchies Brand Manager [...]...

Senior Leadership Changes at PepsiCo

Senior Leadership Changes at PepsiCo
July 21
10:57 2017

Ramon Laguarta.

PepsiCo has announced three senior leadership appointments that support the company’s strategic priorities and growth agenda. Ramon Laguarta, currently CEO, Europe Sub-Saharan Africa (ESSA), will become president of PepsiCo, reporting to chairman and chief executive Indra Nooyi.

In his new role, Ramon Laguarta will shape PepsiCo’s corporate strategy, work closely with business units to deliver top line growth, drive productivity to enable this growth, and invest in new areas of disruptive innovation, all in support of the company’s previously announced Performance with Purpose 2025 agenda. Specifically, he will oversee PepsiCo’s Global Category Groups; its Global Operations, Corporate Strategy, and Public Policy & Government Affairs functions; and the PepsiCo Foundation. Operationally, he will work closely with Mehmood Khan, Vice Chairman and Chief Scientific Officer, to drive category innovation and progress against PepsiCo’s sustainability goals.

Laxman Narasimhan.

Laxman Narasimhan, currently CEO, Latin America (LATAM), will become CEO, LATAM and ESSA. In this new role, Laxman Narasimhan will oversee the company’s food and beverage businesses across both geographies, with a focus on unlocking new growth opportunities for the two organizations, sharing commercial strategies and other best practices, and investing in talent development. Laxman Narasimhan will continue to report to Indra Nooyi.

Silviu Popovici, currently president, Russia, Ukraine and CIS, has been named president, ESSA. In his new role, Silviu Popovici will report to Laxman Narasimhan.

The changes, which become effective on September 1, 2017, will have no impact on PepsiCo’s external financial reporting structure. The company will continue to report segments as Frito Lay North America, LATAM, Quaker Foods North America, North America Beverages, ESSA, and Asia Middle East and North Africa, consistent with current practice.

“PepsiCo has consistently delivered top-tier financial performance while simultaneously making investments that position the company for sustainable long-term growth,” says Indra Nooyi. “Our ability to perform while we transform is a testament to our people. All across the business, from our frontline associates to our senior executives, PepsiCo is home to the very best talent in the industry. We have built a strong bench of senior executives, and these leadership appointments will further enhance our efforts to create shareholder value and propel our company forward.”

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2019Packaging Innovations & Luxury Packaging London 2019
  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements