Ramon Laguarta will become PepsiCo’s new president in September
Ramon Laguarta (pictured top left), who is currently in charge of PepsiCo’s Europe and sub-Saharan Africa business, will become president - a position last occupied three years ago – on September 1.
CEO Indra Nooyi, however, told the Wall Street Journal that she was not lining up an ‘heir apparent’ and planned to stay in her role "for the foreseeable future.”
Separately, Laxman Narasimhan, currently CEO, Latin America, will become CEO, LATAM and ESSA; while Silviu Popovici, currently president, Russia, Ukraine and CIS, has been named president, ESSA.