PepsiCo has announced three new leadership appointments including the promotion of Ramon Laguarta to president.
Laguarta, who is currently the CEO of the Europe Sub-Saharan Africa (ESSA) division and has been with PepsiCo for 20 years, will shape the company’s corporate strategy and continue to report to CEO Indra Nooyi.
Current CEO of the Latin America unit Laxman Narasimhan will stay in his role as well as become the new ESSA CEO to oversee both areas.
Finally, current president of PepsiCo’s operations in Russia, Ukraine and CIS Silviu Popovici has been named president of ESSA.
Speaking of the appointments, Nooyi said: “PepsiCo has consistently delivered top-tier financial performance while simultaneously making investments that position the company for sustainable long-term growth.
“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.”
© FoodBev Media Ltd 2021
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.