
March 2025
PepsiCo has implemented a significant restructuring of its executive leadership team, with six promotions and three high-profile departures. The moves signal the company’s strategic prioritisation of emerging markets and operational consolidation across its global food divisions.
Key leadership appointments
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Regional consolidation
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Alexandre Carreteiro moves from CEO of Brazil Foods to oversee Brazil and South Cone Foods, reflecting PepsiCo’s doubled investment in South American snack manufacturing infrastructure through 2026.
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Silviu Popovici’s remit grows from Europe CEO to lead combined Europe, Middle East and Africa Foods and Bottling Operations, aligning with the company’s Q4 2024 investor commitment to optimise cross-regional production networks.
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Commercial innovation focus
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Roberto Martinez transitions from Mexico Foods president to dual role as international chief commercial officer and CEO of new revenue streams, a newly created position expected to drive alternative protein and AI-driven supply chain initiatives.
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North American alignment
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Steven Williams moves from Foods North America CEO to PepsiCo North America CEO, consolidating beverage and snack operations under one leader as the company prepares for unified USDA compliance strategies.
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Strategic implications
The promotions create three distinct operational hubs:
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LatAm Foods (Santilli)
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EMEA (Popovici)
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International Beverages (Willemsen)
Industry analysts suggest the structure mirrors manufacturing footprint changes, with PepsiCo’s 2024 annual report showing 42% of capital expenditures directed toward emerging market facilities.
Notable departures
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Eric Hanson (strategic partnerships SVP) exits March 24 amid shifting alliance priorities following PepsiCo’s $800m investment in automated vending partnerships.
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Vikram Somaya (chief data officer) and Wern-Yuen Tan (APAC CEO) depart as the company centralises analytics functions under regional operations leaders.
The restructuring follows PepsiCo’s Q1 2025 earnings call emphasis on ‘regional autonomy with centralised innovation’ – a model increasingly adopted by food conglomerates facing tariff uncertainties and ingredient sourcing challenges.
Competitor Mondelez implemented similar structural changes in February 2025.





