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PepsiCo appoints Ram Krishnan as CEO, International Beverages and Chief Commercial Officer

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

Ram Krishnan

PepsiCo has announced two senior leadership appointments with Jane Wakely and Ram Krishnan joining the company.

Wakely will join the company as Executive Vice-President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods. While Krishnan, who is currently serving as the Chief Commercial Officer, has been appointed in the newly created role of CEO, International Beverages and Chief Commercial Officer. Both executives will report to PepsiCo Chairman and CEO, Ramon Laguarta.

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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. He 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.

"Ram has been an incredibly effective leader for our commercial agenda," said PepsiCo Chairman and CEO, Ramon Laguarta. "With this newly created role, he will bring focus and a proven formula for success to drive faster growth for our International Beverages business,” he added.

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Speaking about the other appointment, Laguarta said, "Jane is a creative and commercially-oriented marketer who is passionate about purpose and innovation as critical growth levers.” "She has a proven track record of success, and I am confident that with her leadership, we will take our consumer-centricity, innovation, brand and marketing strategies and capabilities, and International Foods growth to a new level," he further said.

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.

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