PepsiCo Announces Senior Leadership Appointment

Rhea-AI Summary

PepsiCo has appointed Athina Kanioura as the new Executive Vice President and Chief Strategy and Transformation Officer. Reporting to CEO Ramon Laguarta, Kanioura will spearhead the company's overall strategy, focusing on digitalization and operational efficiency. With a robust background at Accenture, she aims to leverage her expertise in data and technology for business transformation. PepsiCo generated over $67 billion in net revenue in 2019, underlining its expansive market presence with a portfolio that includes well-known brands like Gatorade and Tropicana.

Positive

• Appointment of Athina Kanioura as Chief Strategy and Transformation Officer is expected to enhance PepsiCo's digitalization and operational efficiency.
• Kanioura's extensive experience at Accenture in analytics and transformation brings valuable insights to the company.
• PepsiCo reported more than $67 billion in net revenue for 2019, showcasing strong market performance.

Negative

• None.

PURCHASE, N.Y., Sept. 14, 2020 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that Athina Kanioura has been appointed Executive Vice President and Chief Strategy and Transformation Officer. She will report to Chairman and CEO Ramon Laguarta.

In this new role, Kanioura will lead PepsiCo's end-to-end strategy to win both as a total company and in key markets, including the company's digitalization and data strategy. She will also lead company-wide transformation—ensuring that PepsiCo's scale is leveraged as the company focuses on accelerating growth and identifying areas of cost efficiency and optimization.

"Athina is a highly talented leader who will bring a cross-functional, technology-driven approach to business transformation at PepsiCo," said PepsiCo Chairman and CEO, Ramon Laguarta. "Athina's hands-on experience helping global consumer packaged goods companies transform their businesses through the use of data and technology solutions will be tremendously valuable as we continue on our journey to Be The Global Leader in Convenient Foods and Beverages By Winning with Purpose." 

Prior to joining PepsiCo, Kanioura was the Chief Analytics Officer and Global Head of Applied Intelligence at Accenture, where she specialized in applying AI and analytics to drive business value. During her 15 years at Accenture, Kanioura grew the Applied Intelligence function from a subspecialty to a global group at the forefront of scale business transformation. She also ran Sales and Customer Analytics globally and drove the company's offerings in customer relationship management and personalization. Kanioura specializes in transforming businesses with emphasis on data and technology, and brings many years of practical experience globally in industries such as telecommunications, oil and gas, financial services, and consumer packaged goods, having worked with companies such as P&G, Unilever, Philip Morris, Vodafone and BP.

"PepsiCo is an industry leader known for its commitment to innovation and continuous technological advancement," said Kanioura. "I look forward to contributing new perspectives and working across functions and geographies to lead a digital transformation strategy that delivers on the company's long-term business goals and Faster, Stronger, Better priorities."

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business.  For more information, visit www.pepsico.com.

Contact:
Carrie Ratner
carrie.ratner@pepsico.com

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/pepsico-announces-senior-leadership-appointment-301129924.html

SOURCE PepsiCo

FAQ

Who is the new Chief Strategy and Transformation Officer at PepsiCo?

Athina Kanioura has been appointed as the new Chief Strategy and Transformation Officer at PepsiCo.

What experience does Athina Kanioura bring to PepsiCo?

Athina Kanioura has extensive experience in analytics and transformation from her role at Accenture, where she led business transformation through data and technology.

How much revenue did PepsiCo generate in 2019?

PepsiCo generated more than $67 billion in net revenue in 2019.

What are Kanioura's responsibilities at PepsiCo?

Kanioura will lead PepsiCo's overall strategy, focusing on digitalization, transformation, and operational efficiency.

Who does Athina Kanioura report to at PepsiCo?

Athina Kanioura reports to Chairman and CEO Ramon Laguarta.