President Ramon Laguarta was elected by the board of directors to succeed her. Laguarta was also elected to the board.
PepsiCo has tie-ups with KFC, Pizza Hut, Domino's, Burger King, and Subway in India, while Coca-Cola has a partnership with McDonald's only
Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.
The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.
"Now is the time to shift my priorities to my family," said the outgoing PepsiCo CEO.
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