NEW DELHI: PepsiCo India, reeling under several senior- to mid-level exits, on Thursday named two top officials within the company, to head its foods and beverages divisions.
Praveen Someshwar, currently CEO beverages, will succeed Varun Berry who quit late last month in a sudden and unexpected move.
Gautham Mukkavilli, senior VP (global nutrition group) for PepsiCo Asia, Middle East and Africa based in Dubai, has been named as CEO beverages, filling the position Someshwar is vacating.
The changes will be effective June 1, '12. Both will report to company chairman Manu Anand.
A statement issued by PepsiCo said Someshwar will also lead the India power of one (PO1) council which aims to collaborate the food and beverage businesses. While Someshwar has been with PepsiCo since 1994, Mukkavilli has been associated with the company for two decades.
Both Praveen and Gautham will be based out of PepsiCo India's Gurgaon headquarters and report directly to PepsiCo India Region Chairman Manu Anand, it added.
"These appointments provide important new leadership experiences for two of our most valued senior executives and reflect our strong commitment to developing talent from within PepsiCo," PepsiCo India Region Chairman Manu Anand said.
"We are announcing them today in order to allow ample time for transition, while ensuring that we remain 100 per cent focused on achieving our 2012 business plans," Anand said.
In his new role, Someshwar would lead PepsiCo India's range of food brands, including Kurkure, Lay's, Uncle Chipps and Quaker along with the traditional snacks business under brand Lehar, it said.
He will also lead the India Power of One (PO1) Council with responsibility to drive collaboration across the food and beverage businesses, it added.
On the other hand, Gautham would now lead PepsiCo India's beverage brands including Pepsi, 7UP, Mirinda, Slice, Aquafina and Gatorade.
"Gautham is well suited for his new role given that his rich and diverse career at PepsiCo began in the India Beverage business 20 years ago," Anand said.
Last month PepsiCo India Foods CEO Varun Berry had resigned from the company.
(Source- http://economictimes.indiatimes.com)
Praveen Someshwar, currently CEO beverages, will succeed Varun Berry who quit late last month in a sudden and unexpected move.
Gautham Mukkavilli, senior VP (global nutrition group) for PepsiCo Asia, Middle East and Africa based in Dubai, has been named as CEO beverages, filling the position Someshwar is vacating.
The changes will be effective June 1, '12. Both will report to company chairman Manu Anand.
A statement issued by PepsiCo said Someshwar will also lead the India power of one (PO1) council which aims to collaborate the food and beverage businesses. While Someshwar has been with PepsiCo since 1994, Mukkavilli has been associated with the company for two decades.
Both Praveen and Gautham will be based out of PepsiCo India's Gurgaon headquarters and report directly to PepsiCo India Region Chairman Manu Anand, it added.
"These appointments provide important new leadership experiences for two of our most valued senior executives and reflect our strong commitment to developing talent from within PepsiCo," PepsiCo India Region Chairman Manu Anand said.
"We are announcing them today in order to allow ample time for transition, while ensuring that we remain 100 per cent focused on achieving our 2012 business plans," Anand said.
In his new role, Someshwar would lead PepsiCo India's range of food brands, including Kurkure, Lay's, Uncle Chipps and Quaker along with the traditional snacks business under brand Lehar, it said.
He will also lead the India Power of One (PO1) Council with responsibility to drive collaboration across the food and beverage businesses, it added.
On the other hand, Gautham would now lead PepsiCo India's beverage brands including Pepsi, 7UP, Mirinda, Slice, Aquafina and Gatorade.
"Gautham is well suited for his new role given that his rich and diverse career at PepsiCo began in the India Beverage business 20 years ago," Anand said.
Last month PepsiCo India Foods CEO Varun Berry had resigned from the company.
(Source- http://economictimes.indiatimes.com)
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