Introduction
PepsiCo is a global food and beverage company that produces some of the world’s best-known consumer brands. The current president and CEO, Indra Nooyi, leads the company with her vision of PepsiCo as a performance-driven company that focuses on making sustainable growth possible by investing in a healthier future for people and our planet.
President and Vice Chairman, Indra Nooyi
You may have heard of Indra Nooyi, the CEO of PepsiCo. She is one of the most powerful leaders in business today.
Born in India and moving to New York at age 12, she attended Yale University before earning her MBA from Harvard Business School. She spent over 20 years with Motorola before joining Pepsico in 1994 as head of strategic planning. In 2001, she was named Chief Financial Officer (CFO) and two years later became President and CEO after Steven Reinemund stepped down from those roles due to health issues.
Chief Executive Officer, Don Kendall
Don Kendall is the Chief Executive Officer of PepsiCo. He also serves as Chairman of the Board of Directors at PepsiCo and has been with the company for over 30 years. Kendall was named CEO in 1984, following his promotion from President to CEO just three years prior in 1981.
Chief Financial Officer, Gary Schwerin
Gary Schwerin is the CFO of PepsiCo, a role he’s held since May 2017. He was previously CFO of the PepsiCo Americas Foods division. In addition to his duties at PepsiCo, Schwerin also serves as a member of its board of directors and has been with the company since 2002.
Chief Operating Officer, Dave DeCecco
Dave DeCecco is a corporate vice president of global supply chain and strategy for PepsiCo. He leads PepsiCo’s global supply chain organization and is responsible for driving profitable growth, improving efficiency, optimizing costs and ensuring compliance in this area.
DeCecco began his career with the company in 2003 as part of its beverage business unit. Prior to joining PepsiCo, he served as director of operations at Kraft foods where he was responsible for managing all aspects of new product launches including inventory planning, production scheduling and distribution logistics across the North American market.
Executive Vice President, Yahoo! Internet Life Network
Yahoo! Internet Life Network (YILN) is a division of Yahoo! Inc., one of the largest and most popular web portals in the world. YILN was founded by former CEO Terry Semel and is now led by Executive Vice President Jay Rossiter, who oversees all aspects of YILN’s business, including content acquisition and development, sales, marketing, finance and operations.
Chief Financial Officer Patrick McGovern leads a team responsible for all financial matters related to YILN’s core businesses: Search & Content Acquisition (S&CA), Display Advertising Sales & Operations; International Operations; Media Products & Solutions; Partnerships & Strategy; Corporate Development and Mergers & Acquisitions (MD&A). This includes overseeing investor relations functions within these divisions as well as managing risks associated with their core businesses through effective governance structures.
Corporate Vice Presidents of Global Supply Chain and Strategy and Business Ethics, Craig Hubert and Asha Baker-Hargrove
As you know, this course is about the business models of global companies. In this section, I will introduce you to the corporate vice presidents of global supply chain and strategy and business ethics at PepsiCo.
Craig Hubert is a corporate vice president of global supply chain and strategy at PepsiCo. Craig oversees all aspects of raw material sourcing, manufacturing logistics, and transportation that are essential to delivering products in a timely manner to consumers around the world.
Asha Baker-Hargrove is also a corporate vice president for ethics at PepsiCo—she’s responsible for ensuring that PepsiCo remains compliant with laws on conflict minerals across their operations globally (including Palau).
Conclusion
PepsiCo produces a wide array of products that are popular worldwide, and they’ve been doing so for over 100 years. The company has shown its dedication to diversity from its earliest days and continues to support the LGBT community through various initiatives. PepsiCo’s use of both primary and secondary markets has allowed it to expand beyond just soda drinks into other fields such as snacks food, energy drinks, tea beverages, etc., making PepsiCo one of the most diverse companies in existence today.
