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).
Categories: Business, Economy & Banking
Tags: Current Affairs 2013