PepsiCo announced two senior leadership appointments. Jane Wakely will join the company as Executive Vice President, Chief Consumer and Marketing Officer and Chief Growth Officer, International Foods. The company also appointed Ram Krishnan, currently serving as Chief Commercial Officer, to the newly created role of CEO, International Beverages and Chief Commercial Officer. Both executives will report to PepsiCo Chairman and CEO, Ramon Laguarta.

Krishnan, a 15-year PepsiCo veteran, will focus on driving accelerated growth for the International Beverages business, including the company's international franchise bottlers, with an end-to-end focus on brand-building, innovation, supply chain, digitalization, talent and sustainability. Krishnan will also be charged with leading faster growth for the SodaStream and Beyond the Bottle businesses, as well as the Pepsi Lipton partnership, the company's joint venture with Unilever. This move, effective January 1, 2022, will bring PepsiCo's critical beverage expertise and commercial capabilities into one group, with an eye toward optimizing the end-to-end operating model, capital allocations and building new capabilities. Krishnan will continue to oversee the company's e-Commerce business and global commercial capabilities.

According to a PepsiCo release, Wakely brings to the company an intense focus on consumers, insights and building best-in-class brand and category growth strategies. As Chief Consumer and Marketing Officer, she will focus on driving accelerated growth by elevating PepsiCo's consumer-centricity, innovation, brand and marketing capabilities.  As Chief Growth Officer, International Foods, Wakely will be responsible for accelerating the Positive Choices pillar of pep+ (PepsiCo Positive), which includes evolving the company's portfolio into new spaces that are better for the planet and people by developing products with more diverse ingredients, such as plant-based proteins, nuts and seeds, and whole grains.

Wakely joins PepsiCo with 28 years of marketing experience at Procter & Gamble and at Mars, where since 2019 she served as Lead CMO and CMO of Pet Nutrition, one of the largest divisions of Mars' $40 billion portfolio. She was previously Global CMO of their Chocolate Division. She has operated globally and in highly complex product categories, brands and businesses across a variety of growth, turnaround and transformation challenges.