PepsiCo Appoints New Chief Executive Officer of APAC Business
Tuesday, June 9th, 2020 | 499 Views
PepsiCo, Inc. has announced that Wern-Yuen Tan has been appointed Chief Executive Officer of Asia Pacific, Australia, New Zealand and China (“APAC”), overseeing all of PepsiCo’s operations in the region. Mr. Tan, who will begin his new role on June 15, 2020, will be based in Singapore and will report to PepsiCo 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 localised 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 $10 billion 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. Earlier in his career, he was a principal at Boston Consulting Group, where he advised retail and consumer clients on growth strategy, innovation and turnarounds.
“I am thrilled to join PepsiCo, a truly global company whose products are recognised 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 localised 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.
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