PepsiCo has appointed Wern-Yuen Tan as CEO of its Asia Pacific, Australia, New Zealand and China (APAC) business, effective 15 June.
Tan will be based in Singapore and will oversee all of PepsiCo’s operations in the APAC region.
Most recently, Tan has served as president and CEO of Walmart China where he led a team of 100,000 associates responsible for over $10 billion in annual revenue.
Prior to joining Walmart in 2017, Tan held the position of managing director for McDonald’s Taiwan and was a principal at Boston Consulting Group.
“All of us at PepsiCo are delighted to welcome Wern-Yuen as our new CEO of APAC at this time of unprecedented change and opportunity,” said PepsiCo CEO Ramon Laguarta.
He continued: “Wern-Yuen has driven transformative innovation and results at every step of his career and brings deep experience with consumers in this diverse region through positions in retail, food service and consulting. His leadership will be instrumental as we look to accelerate growth by leveraging our scale and creating more localised solutions in these important markets.”
Tan said: “I am thrilled to join PepsiCo, a truly global company whose products are recognised across the world. With deep roots across this region and an unparalleled offering, PepsiCo is uniquely positioned to expand its market share and existing omnichannel capabilities across APAC.”
Ram Krishnan, who has been serving as CEO of APAC, will now transition fully to his previously announced role as global chief commercial officer of PepsiCo. In this role, he will focus on developing and scaling new capabilities and business models based on data and technology.
Laguarta added: “I also want to recognise and express my deep gratitude to Ram and the APAC leadership team for their phenomenal work managing our business through a historically difficult period while delivering strong results and making PepsiCo Faster, Stronger and Better.”
Last month, PepsiCo announced the appointment of current Pioneer Foods CEO Tertius Carstens as CEO of PepsiCo Sub-Saharan Africa (SSA).
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