PepsiCo Inc. (NASDAQ: PEP) announced the appointment of Ram Krishnan as CEO for PepsiCo Beverages North America.
Krishnan will succeed Kirk Tanner, who is retiring on Feb. 2 after 32 years with the Purchase-based company; he served as the CEO for PepsiCo Beverages North America since 2019 and is planning to join The Wendy’s Company as its CEO.
Krishnan currently serves as CEO of international beverages and chief commercial officer for PepsiCo. He joined in 2006 and has held a number of senior leadership roles, including CEO of PepsiCo’s Asia Pacific, Australia/New Zealand and China (APAC) Region, senior vice president and general manager of PepsiCo’s global Walmart Customer Team, and chief marketing officer of Frito-Lay North America. Prior to joining PepsiCo, Krishnan spent six years at Cadillac as a product development manager and marketing manager.
“Ram is the ideal leader to take the helm of our North America beverage business and we are fortunate to be able to proudly appoint him from within our organization,” said Ramon Laguarta, PepsiCo chairman and CEO. “His vast experience leading International Beverages and our global commercial agenda, paired with his roots in North America senior executive roles, make him a force to accelerate our beverage growth agenda. He is an innovator at heart who keeps people at the core of every decision, and I look forward to seeing his inspirational leadership in action.”