Mike Spanos
PepsiCo has announced that the current president of its Greater China region, Mike Spanos, will become CEO of its Asia, Middle East and North Africa (AMENA) unit, effective 1 January 2018.
Meanwhile Sanjeev Chadha, current AMENA CEO, will become chairman of AMENA in early 2018. Both Spanos and Chadha will report to PepsiCo CEO Indra Nooyi.
Spanos has had a notable career at PepsiCo, spanning 24 years with posts in the US, Europe and Asia.
Prior to leading PepsiCo’s China business, he led the sales organisation across PepsiCo’s North America beverages portfolio, and served as senior vice president and general manager for the west business unit of the company’s beverage operations.
He previously held various sales and general manager roles, including country manager for Turkey and vice president of sales and foodservice for The Pepsi Bottling Group.
Indra Nooyi said: “We have a strong bench of senior executives, and we are thrilled to promote Mike, one of our most seasoned and proven leaders, into this important role.
“Most recently, Mike has led our business in China through unprecedented change, growing our foods and beverage businesses and investing in our nutrition portfolio.”
She added: “On behalf of the entire team, I want to thank Sanjeev for his exemplary career at PepsiCo over the last 27 years and his extraordinary commitment to our company. His continued support as chairman of AMENA until his retirement at the end of March will ensure a smooth transition.”
As part of the reshuffle, Ram Krishnan, currently senior vice president and general manager of the global PepsiCo Walmart business, will become president of the Greater China region, succeeding Spanos.
Chris Turner, currently senior vice president of transformation for Frito-Lay North America, will become senior vice president and general manager of the global PepsiCo Walmart business, reporting to Al Carey, CEO for North America.
Nooyi added: “At PepsiCo, we are fortunate to have the best talent in the industry, from our frontline associates to our senior executives.
“Both Ram and Chris are highly respected leaders with proven track records of success, and we are pleased when the opportunity presents itself to elevate our senior executives into new roles in support of personal and professional growth, while also enabling the success of PepsiCo.”
Earlier this year PepsiCo announced three new leadership appointments including the promotion of Ramon Laguarta to president.
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