PepsiCo Announces Two Senior Leadership Appointments
November 12, 2021 at 09:00 am EST
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PepsiCo, Inc. announced two senior leadership appointments as the company continues its efforts to be even Faster, Stronger and Better. Jane Wakely will join the company as Executive Vice President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods. The company also appointed Ram Krishnan, currently serving as Chief Commercial Officer, to the newly created role of CEO, International Beverages and Chief Commercial Officer. Both executives will report to PepsiCo Chairman and CEO, Ramon Laguarta. Wakely joins PepsiCo with 28 years of marketing experience at Procter & Gamble and at Mars, where since 2019 she served as Lead CMO and CMO of Pet Nutrition, one of the largest divisions of Mars' $40 billion portfolio. She was previously Global CMO of their Chocolate Division. She has operated globally and in highly complex product categories, brands and businesses across a variety of growth, turnaround and transformation challenges. Krishnan, a 15-year PepsiCo veteran, will focus on driving accelerated growth for the International Beverages business, including the company's international franchise bottlers, with an end-to-end focus on brand-building, innovation, supply chain, digitalization, talent and sustainability. Krishnan will also be charged with leading faster growth for the SodaStream and Beyond the Bottle businesses, as well as the Pepsi Lipton partnership, the company's joint venture with Unilever. This move, effective January 1, 2022, will bring PepsiCo's critical beverage expertise and commercial capabilities into one group, with an eye toward optimizing the end-to-end operating model, capital allocations and building new capabilities. Krishnan will continue to oversee the company's e-Commerce business and global commercial capabilities.
PepsiCo, Inc. is one of the worldwide leaders in producing non-alcoholic beverages and snacks. Net sales break down by area of activity as follows:
- North America (60.8%): sale of beverages (49.7% of net sales; sodas, concentrated juices, water, tea and coffee-based beverages; Aquafina, Diet Mountain Dew, Diet Pepsi, Gatorade, Gatorade Zero, Mountain Dew, Pepsi, Propel brands, etc.), snacks (44.7%; chips, tortillas and pretzels; Lay's, Doritos, Tostitos, Cheetos, Fritos, Ruffles, etc.), and cereals (5.6%; ready-to-eat cereals, rice, wheat, etc.);
- Europe (14.5%): sale of snacks (Cheetos, Chipita, Doritos, Lay's, Ruffles and Walkers brands) and beverages (7UP, Diet Pepsi, Lubimy Sad, Mirinda, Pepsi and Pepsi Max);
- Latin America (12.7%): sales of snacks (Cheetos, Doritos, Emperador, Lay's, Mabel, Marias Gamesa, Ruffles, Sabritas, Saladitas and Tostitos brands) and beverages (7UP, Gatorade, H2oh!, Manzanita Sol, Mirinda, Pepsi, Pepsi Black, San Carlos and Toddy)
- Asia/Pacific/Australia/New Zealand (6.7%): sale of snacks (BaiCaoWei, Cheetos, Doritos, Lay's and Smith's brands), beverages and syrups (7UP, Aquafina, Mirinda, Mountain Dew, Pepsi and Sting);
- Africa/Middle East/South Asia (5.3%): sale of snacks (Chipsy, Doritos, Kurkure, Lay's, Sasko, Spekko and White Star brands) and beverages (7UP, Aquafina, Mirinda, Mountain Dew and Pepsi).
Net sales are distributed geographically as follows: the United States (57%), Mexico (7.7%), Canada (4.1%), Russia (3.9%), China (3%), the United Kingdom (2.1%), Brazil (1.9%), South Africa (1.9%) and other (18.4%).
PEPSICO, INC. 
