PepsiCo Reorganizes Leadership Team

PURCHASE, NY -- PepsiCo Inc. has announced several key promotions and appointments within its senior-level team. Hugh Johnston, executive vice-president and chief financial officer, is stepping up to vice-chairman. The move follows PepsiCo's appointment of Mehmood Khan, executive vice-president and chief scientific officer, to vice-chairman earlier this year.

Eugene Willemsen, who was PepsiCo Lipton president, has been named executive vice-president of global categories and franchise management. Brian Newman advances from senior vice-president and general manager of global e-commerce to executive vice-president of global operations. Laxman Narasimhan, formerly chief executive of Latin America Foods, becomes chief executive for Latin America.

Additionally, PepsiCo Americas Beverages will be renamed North America Beverages, led by chief executive Al Carey.

PepsiCo's sub-Saharan Africa business, now part of the Asia, Middle East and Africa division, will move to the Europe segment, which is renamed Europe Sub-Saharan Africa (ESSA). As a result, the Asia, Middle East and Africa segment becomes Asia, Middle East and North Africa (AMENA). Ramon Laguarta will continue as chief executive of ESSA, while Sanjeev Chadha will resume as chief executive of AMENA.