PepsiCo appoints D Shivakumar as India head Food and beverage maker PepsiCo on Monday appointed D Shivakumar as the company’s new Chairman and Chief Executive Officer for the Indian region. The company said Mr. Shivakumar, a former senior executive with the Finnish handset maker Nokia, will oversee aspects of PepsiCos India Region, which includes brands such as Pepsi-Cola, Lays potato chips, Slice mango beverage, Kurkure snacks, Tropicana juices and Quaker oats. He would also be responsible for the NourishCo joint venture with Tata Global Beverages and franchise businesses in Bangladesh, Nepal, Bhutan, Sri Lanka and the Maldives, it added. He will be responsible for strategically deploying the Rs 33,000 crore investment in India that PepsiCo announced last month, the company said. Last month, PepsiCo had announced plans for the company and its partners to invest Rs 33,000 crore in India by 2020 to double its business capacity in India. Pepsico also elevated Gautham Mukkavilli, current General Manager for PepsiCo India Beverages, as Senior Vice President, Business Transformation – AMEA (Asia, Middle East and Africa), effective March 1, 2014. In this new role, Mr. Mukkavilli will oversee a range of strategic initiatives in both foods and beverages across Asia, Middle East and Africa. Both Mr. Shivakumar and Mr. Mukkavilli will report directly to Sanjeev Chadha, CEO, PepsiCo AMEA.
Posted on: Mon, 09 Dec 2013 15:29:00 +0000
Trending Topics
Recently Viewed Topics
© 2015