PepsiCo is pleased to announce a series of organizational changes designed to advance our growth strategy and support our commitment to being a best-in-class and globally admired company.
Over the past year, we have unified our North America businesses, continued investments in advanced technology and AI, strengthened our brands, modernized our manufacturing and enhanced our warehouse and distribution capabilities. These efforts have made us into a more agile and future-ready organization. Today, we’re announcing a series of organizational changes that mark our next step.
Steven Williams, who has served as CEO of PepsiCo North America for the past year, has been appointed Executive Vice President and Vice Chairman, Global Chief Commercial Officer (CCO) and Corporate Affairs, effective December 28, 2025. In this new role, Steven will focus on building a unified PepsiCo selling organization, developing a global strategy to accelerate growth for our away-from-home business, and engaging stakeholders to support our growth in the US and around the world.
With Steven stepping into his new position, Ram Krishnan will become CEO, PepsiCo North America, effective December 28, 2025. He will take on an aggressive agenda accelerating the integration of Foods and Beverages operations, where it creates value and enables us to better meet the needs of both consumers and customers. Ram has a strong record of success at PepsiCo, most recently building momentum in US Beverages through portfolio innovation and go-to-market transformation. His experience across categories, geographies, and functions will enable him to approach his work with an end-to-end, consumer-first mindset.
Ram’s organization will include:
- Rachel Ferdinando, who will remain CEO of our US Foods Category
- Mike Del Pozzo, who will be promoted to President of our US Beverages Category and join the PepsiCo Executive Committee
- Gregg Roden, who will continue to lead the North America Supply Chain team
- Bryan Santee, who will lead the US Commercial and Go-To-Market teams as Chief Commercial Officer, US
Additional teams reporting to Ram include: Foods and Beverages Field Sales; Strategic Partnerships and Franchise; our newly integrated Texoma region, where we’re piloting combined Foods and Beverages operations; Global Foodservice; and PepsiCo Canada.
Athina Kanioura has been appointed CEO of Latin America Foods, in addition to her role as Chief Strategy & Transformation Officer, effective December 28, 2025. She will succeed Paula Santilli, who will retire after a distinguished 35-year career at PepsiCo. Under Paula’s leadership, the Latin America team achieved significant growth and enabled a culture of talent development and inclusion. Paula will remain with the company through July to support Athina’s transition. Athina has played a key role in shaping PepsiCo's strategy and leading our global capabilities transformation, and brings extensive experience in transformation and technology. Under her leadership, Latin America Foods will continue to innovate with digital-first solutions, leverage AI, and pilot new culinary initiatives that excite consumers.
These organizational changes strengthen the progress we have made and position PepsiCo to capture new opportunities for growth. With a sharpened focus, enhanced leadership and an integrated approach, we believe we are well-positioned to perform to our full potential and deliver value for our customers, consumers, shareholders and employees.
Cautionary Statement
Statements in this communication that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”) are based on currently available information, operating plans and projections about future events and trends. Terminology such as “aim,” “anticipate,” “believe,” “drive,” “estimate,” “expect,” “expressed confidence,” “forecast,” “future,” “goal,” “guidance,” “intend,” “may,” “objective,” “outlook,” “plan,” “position,” “potential,” “project,” “seek,” “should,” “strategy,” “target,” “will” or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements within the meaning of the Reform Act, although not all forward-looking statements contain such terms.
All statements addressing PepsiCo’s future operating performance, and statements addressing events and developments that PepsiCo expects or anticipates will occur in the future, are forward-looking statements within the meaning of the Reform Act. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward-looking statements. Such risks and uncertainties include, but are not limited to: future demand for PepsiCo’s products; damage to PepsiCo’s reputation or brand image; product recalls or other issues or concerns with respect to product quality and safety; PepsiCo’s ability to compete effectively; PepsiCo’s ability to attract, develop and maintain a highly skilled workforce or effectively manage changes in our workforce; water scarcity; changes in the retail landscape or in sales to any key customer; disruption of PepsiCo’s manufacturing operations or supply chain, including increased commodity, packaging, transportation, labor and other input costs; political, social or geopolitical conditions in the markets where PepsiCo’s products are made, manufactured, distributed or sold; PepsiCo’s ability to grow its business in developing and emerging markets; changes in economic conditions in the countries in which PepsiCo operates; changes in tariffs and global trade relations; future cyber incidents and other disruptions to our information systems; failure to successfully complete or manage strategic transactions; PepsiCo’s reliance on third-party service providers and enterprise-wide systems; climate change or measures to address climate change and other sustainability matters; strikes or work stoppages; failure to realize benefits from PepsiCo’s productivity initiatives or organizational restructurings; deterioration in estimates and underlying assumptions regarding future performance of our business or investments that can result in impairment charges; fluctuations or other changes in exchange rates; any downgrade or potential downgrade of PepsiCo’s credit ratings; imposition or proposed imposition of new or increased taxes aimed at PepsiCo’s products; imposition of limitations on the marketing or sale of PepsiCo’s products; changes in laws and regulations related to the use or disposal of plastics or other packaging materials; failure to comply with personal data protection and privacy laws; increase in income tax rates, changes in income tax laws or disagreements with tax authorities; failure to adequately protect PepsiCo’s intellectual property rights or infringement on intellectual property rights of others; failure to comply with applicable laws and regulations; and potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations.
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 SEC, 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. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.