PepsiCo appointed D Shivakumar as head of Indian region

Beverages and food giant PepsiCo India appointed former Nokia senior executive D. Shivakumar as the company’s new chairman and chief executive officer (CEO) for the Indian region.

What type of responsibilities will D.Shivakumar look after?

• Oversee all aspects in India, including the Pepsi-Cola, Lay’s, Slice, Kurkure, Tropicana, Quaker and NourishCo (a joint venture with Tata Global Beverages) brands.
• Responsible for deploying the Rs. 33,000  crore  investments  in  India  that  PepsiCo  announced  last  month.
• Also look after the franchise businesses in Bangladesh, Nepal, Bhutan, Sri Lanka and the Maldives.

 
Note: He will succeed  Gautham  Mukkavilli,  current  General  Manager  for  PepsiCo  India Beverages( who  has  been  named  the  senior  Vice-President  ,  Business Transformation – AMEA at PepsiCo).

Month: Current Affairs - December, 2013