PepsiCo, Inc. announced that Ronald Schellekens, Executive Vice President and Chief Human Resources Officer, has informed the company that he plans to retire at the end of this year. The company will welcome Becky Schmitt as the new Executive Vice President and Chief Human Resources Officer, who will report to PepsiCo’s Chairman and CEO Ramon Laguarta and assume full accountabilities, effective October…
PepsiCo, Inc. announced that David Flavell has been appointed as EVP, General Counsel and Corporate Secretary. Flavell, PepsiCo’s current SVP, Deputy General Counsel and Chief Compliance & Ethics Officer, will succeed Dave Yawman, who departs PepsiCo after more than twenty-two years of dedicated service to pursue other interests. Flavell will begin his new role on…
PepsiCo, announced that Roberto Azevêdo, currently Director-General of the World Trade Organization (WTO), has been appointed Executive Vice President and Chief Corporate Affairs Officer, effective September 1, 2020. In this newly created role that brings PepsiCo’s Public Policy, Government Affairs, and Communications activities under one umbrella, Azevêdo will focus on solidifying PepsiCo’s external engagement efforts…
PepsiCo announced that its Board of Directors has elected Segun Agbaje as an independent member of the Board. Agbaje will join the Board and the Audit Committee effective July 15, 2020. Prior to this role, Agbaje served as Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, a Nigerian multinational financial institution. “I…
PepsiCo, Inc, a global food and beverage company, announced that Wern-Yuen Tan has been appointed Chief Executive Officer of Asia Pacific, Australia, New Zealand and China, overseeing all of PepsiCo’s operations in the region. Tan, who will begin his new role on June 15, 2020, will be based in Singapore and will report to PepsiCo…
PepsiCo, Inc. announced it will provide enhanced benefits to all U.S.-based employees and additional compensation to U.S. frontline employees – the women and men who make, move and sell products – amidst the novel coronavirus (COVID-19) pandemic. The additional compensation covers more than 90,000 frontline employees at both PepsiCo Beverages North America (PBNA) and PepsiCo…
PepsiCo, Inc. announced that it has entered into an agreement to acquire Rockstar Energy Beverages, the popular energy drink maker, for $3.85 billion. “As we work to be more consumer-centric and capitalize on rising demand in the functional beverage space, this highly strategic acquisition will enable us to leverage PepsiCo’s capabilities to both accelerate Rockstar’s…