Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA) with immediate effect. PepsiCo’s beverage business bounces back as new CEO takes over With consumers turning away from sugary drinks, the outgoing CEO vowed to fix, Pepsi… The deal allows PepsiCo to acquire all of the outstanding shares […] Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA). According to PepsiCo, he is also joining the company’s Africa, Middle East and South Asia (AMESA) executive committee. ... Top Employer South Africa 2019. A strong culture is a cornerstone of PepsiCo and, according to chairman and CEO Ramon Laguarta, one of the company’s best assets. The appointment follows the finalisation of the $1.7bn acquisition of Pioneer Foods in March 2020. PepsiCo Africa, Middle East and South Asia CEO Eugene Willemsen said the Pioneer boss, Tertius, was qualified and experienced to lead the region as he had a strong track record in the fast-moving consumer goods sector and African markets. The group said the region would be headquartered in South Africa. Chief Executive Officer, Africa, Middle East, South Asia. SOUTH AFRICA - PepsiCo through its philanthropic arm, PepsiCo Foundation is seeking to invest R6m (US$394,700) in water and sanitation projects in South Africa. Get to know our PepsiCo Board of Directors below. PepsiCo CEO and chairman Ramon Laguarta, who succeeded Indra Nooyi about a year ago, noted that Pioneer Foods represents a “differentiated opportunity” for PepsiCo and allows the … The deal is significant for a number of reasons - including the vote of confidence in SA's economic prospects. At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. PepsiCo plans to use it as a platform to expand further into Africa. Commenting on the acquisition, PepsiCo chairman/CEO Ramon Laguarta referred to Pioneer Foods as a “highly complementary” business and that it would form “an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa, as well.” As one of South Africa's largest food and beverage companies, Pioneer Foods owns valuable brands that appeal to local tastes. President of various family-owned entities; Former Chairman and Chief Executive Officer of PepsiAmericas, Inc. Former Chairman and Chief Executive Officer, Novartis AG, Former Chairman and Chief Executive Officer, Bunge Limited. Andy Williams. Kendall was appointed CEO in 1963 and less than two years later he sealed a deal to merge Pepsi-Cola and Frito-Lay, creating the "modern-day" PepsiCo, on … Independent Advisor; Former Senior Advisor to Google Inc. Former Chairman, President and Chief Executive Officer, Colgate-Palmolive Company. PepsiCo Sculpture Gardens . Only independent directors make up our four board committees: Audit; Compensation; Nominating and Corporate Governance; and Public Policy and Sustainability. PepsiCo offered to pay R110 a share representing a 56 percent premium to the 30-day volume weighted average price prior to July last year in one of the grou’s biggest investments outside of the US. Learn More . PepsiCo's product portfolio includes a wide range of foods and beverages like Simba, Lays, Doritos, NikNaks, and Pepsi-Cola. “Pioneer Foods forms an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa as well,” PepsiCo Chairman and CEO Ramon Laguarta said in a statement. The deal is significant for a number of reasons - including the vote of … For general inquiries, email PepsiCoDMKSG@pepsico.com or contact us during normal business hours at 914-253-3150. Steven Williams. Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA). Former Executive Vice President and Chief Financial Officer, JP Morgan Chase & Co. Former President and Chief Executive Officer, Federal Reserve Bank of Dallas, Chief Executive Officer, Kohl’s Corporation, Former Group Chief Executive Officer, Tesco PLC, Professor, Massachusetts Institute of Technology; Former Director and President, the Whitehead Institute for Biomedical Research. Image: IndustryWeek The beverage and snack giant has agreed to purchase the maker of Weet-Bix breakfast cereal and Ceres fruit juice for roughly $1.7 billion. Agbiz is concerned about Land Bank financing woes, © 2020 Independent Online and affiliated companies. DURBAN – American beverages company PepsiCo on Tuesday announced that it has appointed Pioneer Foods boss Tertius Carstens as its sub-Saharan Africa chief executive. “The acquisition is all about growth,” PepsiCo sub-Saharan Africa CEO Eugene Willemsen told Moneyweb after the announcement. Pepsico has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. See how we’re working to use our global scale to help build a more sustainable food system. PepsiCo AMESA is headquartered in Dubai, UAE and led by Eugene Willemsen, Chief Executive Officer, Africa, Middle East, and South Asia. Eugene Willemsen, current CEO of PepsiCo AMESA, led PepsiCo … Willemsen, who has been with PepsiCo for nearly 25 years, has extensive experience in growth markets, having previously led the company's businesses in Turkey and South East Europe. At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. Anonymized data is stored for redirects to the career site tracking successful searches leading to job applications in effort to measure effectiveness of partners in sourcing job candidates and job searches. Alan Henderson | South Africa | General manager at PepsiCo | 397 connections | See Alan's complete profile on Linkedin and connect Indra Nooyi (née Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chairman and Commenting on the acquisition, PepsiCo chairman/CEO Ramon Laguarta referred to Pioneer Foods as a “highly complementary” business and that it would form “an important part of our strategy to not only expand in South Africa, but further into sub-Saharan Africa, as well.” The group said Carstens will assume the position immediately. COVID-19. “We believe this will be best served by a single leadership team across the Pioneer Foods, Simba and SSA Food and Beverage businesses, and together we are looking forward to overcoming the immediate challenges and positioning the business for growth,” Carstens said. At present, its African operations fall partly under Europe/sub-Saharan Africa (10% of operating profit in 2018), and partly under Asia, Middle East and North Africa (12% of operating profit). To celebrate their seven new guiding behaviors, they threw a party. JOHANNESBURG—PepsiCo Inc. has agreed to buy South Africa’s Pioneer Foods Group Ltd. for $1.7 billion, as the snack-and-beverage giant looks to build up its business in sub-Saharan Africa. Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. The sub-Saharan Africa headquarters will be based in South Africa, which the company plans to leverage to expand and drive profitable growth across […] View Rashid Mehmood’s profile on LinkedIn, the world's largest professional community. PepsiCo SSA will be led by Eugene Willemsen, who most recently served as Executive Vice President of Global Categories & Franchise Management. Dave Yawman. PepsiCo (PEP – Get Report) has agreed to purchase South Africa’s Pioneer Foods Group for $1.8 billion, or 24.4 billion rand. PepsiCo's product portfolio includes a wide range of foods and beverages like Simba, Lays, Doritos, NikNaks, and Pepsi-Cola. Visit the Sculpture Gardens page for more information. Segun Agbaje. Pepsico’s brands include Pepsi, Tropicana, Quaker Oats, Lays, and Simba. The group said Carstens would join the PepsiCo Amesa executive committee. Learn More . PepsiCo Executive Officers subject to Section 16 of the Securities Exchange Act of 1934. Lauren Siebrits, Chief Executive Officer of Simba, PepsiCo's snack business in South Africa, has also been appointed to take over the beverage business, Pepsi South Africa. PepsiCo’s beverage business bounces back as new CEO takes over With consumers turning away from sugary drinks, the outgoing CEO vowed to fix, Pepsi… See the complete profile on LinkedIn and discover Felleng’s connections and jobs at similar companies. PURCHASE, N.Y. and JOHANNESBURG, S.A. – July 19, 2019 – PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into an agreement to acquire all the outstanding shares of Pioneer Foods Group Ltd. (JSE: PFG) (“Pioneer Foods”) for R110.00 per share in cash (approximately US $1.7 billion), which represents a 56% premium to … PepsiCo Frontline: Never Alone. South Africa’s listed consumer companies have been through the wringer in the last five years and their earnings and valuations reflect this. NEWS ANALYSIS Tertius Carstens (left), CEO of Pioneer Foods, and Eugene Willemsen, CEO, PepsiCo Sub-Saharan Africa The world's third-biggest food and drink company wants to buy South Africa's Pioneer Foods. See the complete profile on LinkedIn and discover Rashid’s connections and jobs at similar companies. PepsiCo is proud to share our corporate grounds with our neighbors and the community. Product Innovation of the Year 2017 @PepsiCoJOBS. Tertius Carstens, CEO of Pioneer Foods,and Eugene Willemsen, CEO, PepsiCo Sub-Saharan Africa ... one of South Africa's leading food and beverage companies," said PepsiCo Chairman and CEO… Pepsi is a carbonated soft drink produced and manufactured by PepsiCo. President, PepsiCo Global Beverages and Franchise. Executive Vice President, Beyond the Bottle businesses and Chief Sustainability Officer, Executive Vice President, Chief Corporate Affairs Officer, Executive Vice President, Global Communications and President, PepsiCo Foundation, Global Chief Diversity and Engagement Officer, Senior Vice President and Chief Information Officer, President, PepsiCo Central and South America, Vice Chairman and Chief Financial Officer, Executive Vice President, Chief Strategy and Transformation Officer, Executive Vice President and Chief Science Officer, Executive Vice President, Global Operations, Chief Executive Officer, Latin America (LatAm), Executive Vice President and Chief Human Resources Officer, Chief Executive Officer, Asia Pacific, Australia, New Zealand and China, Chief Executive Officer, PepsiCo Beverages North America, Chief Medical Officer and Senior Vice President, Life Sciences, Chief Executive Officer, Africa, Middle East, South Asia, President, PepsiCo Global Beverages and Franchise, Chief Executive Officer, PepsiCo Foods North America, Executive Vice President, General Counsel and Corporate Secretary, Managing Director and Chief Executive Officer, Guaranty Trust Bank plc. The appointment comes after the Competition Tribunal gave the US giant a go-ahead to acquire the South African packaged goods company for $1.7 billion (R31bn) in March. According to PepsiCo, he is also joining the company’s Africa, Middle East and South Asia (AMESA) executive committee. Eugene Willemsen, chief executive of PepsiCo Africa, Middle East and South Asia (Amesa), said Carstens was qualified and experienced to lead the region as he had a strong track record in the fast-moving consumer goods sector and African markets. Pepsico has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. Executive Vice President, General Counsel and Corporate Secretary. View Felleng Magongoa’s profile on LinkedIn, the world's largest professional community. All rights reserved, Please visit the official Government information portal for Coronavirus by clicking HERE. Felleng has 1 job listed on their profile. 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