PURCHASE, N.Y., Sept. 23, 2013 PepsiCo, Inc. (NYSE: PEP) today announced the appointment of Sanjeev Chadha to the position of Chief Executive Officer, Asia, Middle East and Africa (AMEA), effective immediately. In this role, Chadha will report to Chairman and CEO Indra K. Nooyi and oversee all aspects of PepsiCo's AMEA business. Chadha most recently served as President, PepsiCo Middle East and Africa.
Chadha is a 23-year veteran of PepsiCo and one of the company's most seasoned international leaders. He has worked in each of AMEA's key markets and has led multiple business functions, including marketing, sales, innovation, franchise and general management. Prior to his most recent role, Chadha held various other leadership positions across the region and has been instrumental in the strong growth of PepsiCo AMEA.
"Sanjeev is one of the most respected senior leaders in the PepsiCo family and he has a strong track record of success," said Nooyi. "His leadership, experience and deep knowledge of the business, the region and its people will help to continue to drive success in AMEA."
Chadha holds a Masters (MBA) from Indian Institute of Management in Ahmedabad and an undergraduate degree from Hindu College, Delhi University.
Chadha will be headquartered in PepsiCo's Dubai office.
PepsiCo AMEA covers a geography comprising more than two-thirds of the world's population and 90 countries, including many of the world's fastest growing economies. PepsiCo's broad portfolio of foods and beverages in AMEA includes global brands such as Pepsi-Cola, Mirinda, Lay's, Doritos, Gatorade, Tropicana, Lipton, 7UP and Quaker, which enjoy leading positions in their categories in many markets, as well as such popular local brands as Smith's, Red Rock Deli and Chipsy snacks, Slice mango beverage, and Sting energy drink.
To download an image of Chadha, visit http://www.pepsico.com/Company/Leadership.
PepsiCo is a global food and beverage leader with net revenues of more than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages from treats to healthy eats; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for our associates; and to respect, support and invest in the local communities where we operate. For more information, please visit www.pepsico.com.
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For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE PepsiCo, Inc.