PepsiCo has announced the appointment of a new chief executive for its PepsiCo Foods North America (PFNA) business.
Steven Williams, currently senior vice president and chief commercial officer for Frito-Lay's US operations, has been appointed to the role, which extends his responsibilities to both Frito-Lay North America (FLNA) and Quaker Foods North America (QFNA).
Williams replaces Vivek Sankaran, who is set to depart the company on April 12, 2019, to become president and chief executive officer of Albertsons Companies, Inc.
'Strong Bench Of Talent'
“Steven is the ideal leader for our North America food businesses, and his appointment is a testament to our strong bench of talent,” said PepsiCo Chairman and CEO Ramon Laguarta.
“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.”
Previously, Williams served as division vice president for the Eastern Division of Frito-Lay, as global SVP of PepsiCo's Walmart business, and as head of sales for a number of PepsiCo's largest food and beverage brands.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.