PepsiCo has announced that Ram Krishnan, currently Chief Executive Officer of Greater China, has been appointed to the role of PepsiCo's Global Chief Commercial Officer. He replaces Laxman Narasimhan who is departing the company to become Chief Executive Officer of the Reckitt Benckiser Group.
In a statement, PepsiCo Chairman and CEO Ramon Laguarta said: "Ram's appointment comes as Laxman, a highly respected leader, begins a new, exciting chapter in his career. We have benefited from Laxman's strategic vision over the past seven years and are grateful for his many contributions to PepsiCo's success."
Before becoming CEO of Greater China for PepsiCo, Krishnan held multiple roles at Frito-Lay, ultimately becoming the business's Chief Marketing Officer in 2014. In 2016, Krishnan was promoted to the role of North American Commercial General Manager and Senior Vice President, Walmart Customer Team. He was appointed to lead PepsiCo's China business in 2017. Krishnan will continue to lead PepsiCo's Greater China sector at this point but it seems likely that a successor will be named later.
Check out PepsiCo's updated org chart here.
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