Sunday, 1 April 2012

PepsiCo India appoints new CEOs for foods businesses

PepsiCo India, reeling under several senior- to mid-level exits, 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.


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