PepsiCo Appoints New CEO of APAC Business
PepsiCo recently announced that Wern-Yuen Tan has been appointed CEO for the APAC, a role he will begin on June 15, 2020. He will be based in Singapore and will report to PepsiCo’s CEO Ramon Laguarta.
“All of us at PepsiCo are delighted to welcome Wern-Yuen as our new CEO of APAC at this time of unprecedented change and opportunity,” said Ramon Laguarta, CEO of PepsiCo. “Wern-Yuen has driven transformative innovation and results at every step of his career and brings deep experience with consumers in this diverse region through positions in retail, food service and consulting. His leadership will be instrumental as we look to accelerate growth by leveraging our scale and creating more localized solutions in these important markets.”
Prior to PepsiCo, Tan served as President and CEO of Walmart China where he led a team of 100,000 associates responsible for over USD10bn in annual revenue across the Walmart, Sam’s Club and eCommerce businesses. Prior to joining Walmart in 2017, Tan served as Managing Director for McDonald’s Taiwan, where he gained valuable experience in the food service sector.
“I am thrilled to join PepsiCo, a truly global company whose products are recognized across the world,” said Tan. “With deep roots across this region and an unparalleled offering, PepsiCo is uniquely positioned to expand its market share and existing omnichannel capabilities across APAC. I look forward to working with Ramon and the entire leadership team to drive growth and localized solutions in this dynamic part of the world.”
Ram Krishnan, who has been serving as CEO of APAC, will now transition fully to his previously announced role as Global Chief Commercial Officer of PepsiCo. The role was created to support PepsiCo’s efforts to accelerate growth, with a focus on scaling innovation, commercial and transformation capabilities. This includes building a data driven demand ecosystem; portfolio transformation; innovating with speed and impact; and building foundational eCommerce, Revenue Management, and Go-to-Market capabilities.