NEW DELHI: In a management rejig, meals & beverage main Pepsico on Friday stated Jagrut Kotecha will lead the India enterprise because the CEO, whereas the incumbent Ahmed El Sheikh will assume the cost of the Center East enterprise unit. Kotecha, who’s the Chief Industrial Officer for PepsiCo in Africa, Center East, and South Asia (AMESA) will assume the position of CEO for PepsiCo India in Sheikh’s place, the corporate stated in a press release.
Ahmed El Sheikh, who led the PepsiCo India enterprise for nearly seven years, will transfer on from his present position and assume new obligations as of March 2024, it stated.
“This management change, reflecting PepsiCo’s dynamic and forward-thinking international method, has been meticulously deliberate and was communicated to the India workplace workers yesterday (Thursday) as a part of a sequence of management modifications throughout AMESA,” it stated.
PepsiCo Chief Govt Officer — Africa, Center East & South Asia — Eugene Willemsen stated India stays a pivotal marketplace for the corporate, enjoying an important position in our international technique.
“During the last six years, Ahmed has been instrumental in remodeling our enterprise, driving innovation, and steering the group by difficult landscapes. His management noticed the introduction of pioneering merchandise and numerous community-focused initiatives, and I stay up for persevering with to work with him in his new capability,” he stated.
Welcoming Kotecha, he stated, “We’ll proceed to scale new zeniths of success beneath his management with our Indian shoppers.”
PepsiCo, which owns manufacturers comparable to Pepsi, Lay’s, Kurkure, Tropicana 100%, Gatorade, and Quaker, entered the Indian market in 1989 and has grown to change into one of many largest meals and beverage companies right here.
Pepsico India Holdings income from the sale of services and products on a consolidated foundation was up 28.47 per cent to Rs 8,127.07 crore, for the monetary 12 months that ended on March 31, 2023.
Ahmed El Sheikh, who led the PepsiCo India enterprise for nearly seven years, will transfer on from his present position and assume new obligations as of March 2024, it stated.
“This management change, reflecting PepsiCo’s dynamic and forward-thinking international method, has been meticulously deliberate and was communicated to the India workplace workers yesterday (Thursday) as a part of a sequence of management modifications throughout AMESA,” it stated.
PepsiCo Chief Govt Officer — Africa, Center East & South Asia — Eugene Willemsen stated India stays a pivotal marketplace for the corporate, enjoying an important position in our international technique.
“During the last six years, Ahmed has been instrumental in remodeling our enterprise, driving innovation, and steering the group by difficult landscapes. His management noticed the introduction of pioneering merchandise and numerous community-focused initiatives, and I stay up for persevering with to work with him in his new capability,” he stated.
Welcoming Kotecha, he stated, “We’ll proceed to scale new zeniths of success beneath his management with our Indian shoppers.”
PepsiCo, which owns manufacturers comparable to Pepsi, Lay’s, Kurkure, Tropicana 100%, Gatorade, and Quaker, entered the Indian market in 1989 and has grown to change into one of many largest meals and beverage companies right here.
Pepsico India Holdings income from the sale of services and products on a consolidated foundation was up 28.47 per cent to Rs 8,127.07 crore, for the monetary 12 months that ended on March 31, 2023.
