PepsiCo announces new senior leadership appointment

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PepsiCo announces new senior leadership appointment

PepsiCo has a new chief executive officer of PepsiCo Foods North America, or PFNA.

Steven Williams, the current senior vice president and chief commercial officer of Frito-Lay’s United States, or FLNA, operations will be taking over the role after Vivek Sankaran departed to become the new president and chief executive officer of Albertsons.

“Steven is the ideal leader for our North America food businesses, and his appointment is a testament to our strong bench of talent,” PepsiCo chairman and CEO, Ramon Laguarta said. “He has deep knowledge of the industry and our business, and we will greatly benefit from his inspirational leadership, broad customer knowledge, intimacy with consumer trends, and experience developing talent as we build on our already strong foundation.”

Williams was most recently responsible for leading FLNA’s customer, field and foodservice teams, go-to-marketing strategy and execution and overseeing more than 29,000 employees.

He also previously served as the vice president of the Eastern Division of Frito-Lay, the global SVP of PepsiCo’s Walmart business and head of sales for a variety of the company’s food and beverage brands, the company said.

“Steven’s appointment comes as Vivek, one of our respected executives and friends, begins another exciting chapter in his career. Under Vivek’s direction, Frito-Lay expanded its position as a category leader, introduced many new and successful products and delivered excellent performance,” Laguarta added. “We have benefited from Vivek’s strategic vision and many contributions over the last decade, and are pleased to continue to work with him as he transitions to join one of our largest North America customers.”