Chief Executive Officer, Africa, Middle East, South Asia. 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. See the complete profile on LinkedIn and discover Felleng’s connections and jobs at similar companies. FOOD BUSINESS AFRICA SHOWCASES THE INVESTMENTS, MERGERS & ACQUISITIONS, MARKET TRENDS & OPPORTUNITIES IN AFRICA'S FOOD, BEVERAGE & MILLING INDUSTRY Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. 2019 PepsiCo Sustainability Report. 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 … Pioneer Foods owns Weet-Bix, Liqui Fruit, Ceres, Sasko, Safari, Spekko and White Star also delisted from the JSE on March 24. PepsiCo's product portfolio includes a wide range of foods and beverages like Simba, Lays, Doritos, NikNaks, and Pepsi-Cola. Indra Nooyi (née Krishnamurthy; born October 28, 1955) is an Indian-American business executive and former chairman and Get to know our PepsiCo Board of Directors below. Rashid has 1 job listed on their profile. 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. PepsiCo chairman and CEO There was a carnival atmosphere across the Purchase campus, with lawn games, a Sips & Bites pavilion, a Brand Alley where you could try Cheetos Mac & Cheese Bites and Flamin’ Hot Doritos, and seven stations to highlight the new principles of the PepsiCo Way. At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. 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 … Learn More . According to PepsiCo, he is also joining the company’s Africa, Middle East and South Asia (AMESA) executive committee. The deal is significant for a number of reasons - including the vote of … Pepsico has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. 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.” DURBAN – American beverages company PepsiCo on Tuesday announced that it has appointed Pioneer Foods boss Tertius Carstens as its sub-Saharan Africa chief executive. Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA). PepsiCo SSA will be led by Eugene Willemsen, who most recently served as Executive Vice President of Global Categories & Franchise Management. The group said the region would be headquartered in South Africa. For general inquiries, email PepsiCoDMKSG@pepsico.com or contact us during normal business hours at 914-253-3150. And of course there were drinks and snacks! 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. 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… All rights reserved, Please visit the official Government information portal for Coronavirus by clicking HERE. PepsiCo is proud to share our corporate grounds with our neighbors and the community. 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. Our collaborative culture and worldwide presence generate a stream of new opportunities to define the future and propel your life’s work. South Africa Job Search - Jobs. Eugene Willemsen, current CEO of PepsiCo AMESA, led PepsiCo SSA in 2019. PepsiCo plans to use it as a platform to expand further into Africa. PepsiCo Executive Officers subject to Section 16 of the Securities Exchange Act of 1934. Learn More . 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… Visit the Sculpture Gardens page for more information. The deal allows PepsiCo to acquire all of the outstanding shares […] 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). 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. South Africa’s listed consumer companies have been through the wringer in the last five years and their earnings and valuations reflect this. A strong culture is a cornerstone of PepsiCo and, according to chairman and CEO Ramon Laguarta, one of the company’s best assets. Pepsico has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. The appointment follows the finalisation of the $1.7bn acquisition of Pioneer Foods in March 2020. PepsiCo's product portfolio includes a wide range of foods and beverages like Simba, Lays, Doritos, NikNaks, and Pepsi-Cola. Our business strategy and affairs are overseen by our board of directors comprised of one executive director and 13 independent directors. The group said Carstens will assume the position immediately. 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. 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. Pepsico’s brands include Pepsi, Tropicana, Quaker Oats, Lays, and Simba. Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA). Alan Henderson | South Africa | General manager at PepsiCo | 397 connections | See Alan's complete profile on Linkedin and connect Andy Williams. PepsiCo AMESA is headquartered in Dubai, UAE and led by Eugene Willemsen, Chief Executive Officer, Africa, Middle East, and South Asia. PepsiCo (PEP – Get Report) has agreed to purchase South Africa’s Pioneer Foods Group for $1.8 billion, or 24.4 billion rand. “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. See how we’re working to use our global scale to help build a more sustainable food system. Multinational snack foods and beverage giant PepsiCo has entered into an agreement to acquire South Africa's Pioneer Foods Group for approximately $1.7 billion (R23.5 billion). 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. The deal is significant for a number of reasons - including the vote of confidence in SA's economic prospects. 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. Alan Henderson | South Africa | General manager at PepsiCo | 397 connections | See Alan's complete profile on Linkedin and connect Tertius Carstens, the current CEO of Pioneer Foods, has been appointed CEO of PepsiCo sub-Saharan Africa (SSA) with immediate effect. 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. The group said Carstens would join the PepsiCo Amesa executive committee. To celebrate their seven new guiding behaviors, they threw a party. Alberto Weisser, ChairmanSegun AgbajeCesar CondeDave LewisRichard W. FisherMichelle Gass, Shona L. Brown, ChairmanDina DublonDavid C. PageDaniel Vasella, Nominating and Corporate Governance Committee, Daniel Vasella, ChairmanIan M. CookRobert C. PohladDarren Walker, Sustainability, Diversity and Public Policy Committee, Dina Dublon, ChairmanShona L. BrownDavid C. PageDarren Walker, Combined Circular to Pioneer Foods Shareholders. Segun Agbaje. PepsiCo plans to use it as a platform to expand further into 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… Steven Williams. 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. ... CEO of Pioneer Foods. Felleng has 1 job listed on their profile. “The acquisition is all about growth,” PepsiCo sub-Saharan Africa CEO Eugene Willemsen told Moneyweb after the announcement. PepsiCo Sculpture Gardens . PepsiCo said its new sub-Saharan Africa operating sector will be led by Eugene Willemsen, who most recently served as the group’s executive vice … At PepsiCo, you get the best of both worlds: an entrepreneur’s mindset plus reach and resources. 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. 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. Dave Yawman. “His appointment is a major step in enabling the integration of Pioneer Foods into PepsiCo and the successful execution of our Sub-Saharan African growth strategy,” Willemsen said. PepsiCo Frontline: Never Alone. President, PepsiCo Global Beverages and Franchise. 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. 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. As one of South Africa's largest food and beverage companies, Pioneer Foods owns valuable brands that appeal to local tastes. According to PepsiCo, he is also joining the company’s Africa, Middle East and South Asia (AMESA) executive committee. Independent Advisor; Former Senior Advisor to Google Inc. Former Chairman, President and Chief Executive Officer, Colgate-Palmolive Company. 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. View Rashid Mehmood’s profile on LinkedIn, the world's largest professional community. Chief Executive Officer, PepsiCo Foods North America. Product Innovation of the Year 2017 @PepsiCoJOBS. 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 … Agbiz is concerned about Land Bank financing woes, © 2020 Independent Online and affiliated companies. View Felleng Magongoa’s profile on LinkedIn, the world's largest professional community. Pepsi is a carbonated soft drink produced and manufactured by PepsiCo. Only independent directors make up our four board committees: Audit; Compensation; Nominating and Corporate Governance; and Public Policy and Sustainability. The appointment follows the finalisation of the $1.7bn acquisition of Pioneer Foods in March 2020. “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. The sub-Saharan Africa headquarters will be based in South Africa, which the company plans to leverage to expand and drive profitable growth across […] See how we're working to ensure the health and safety of our supply chain and support our communities. COVID-19. Eugene Willemsen, current CEO of PepsiCo AMESA, led PepsiCo … Executive Vice President, General Counsel and Corporate Secretary. See the complete profile on LinkedIn and discover Rashid’s connections and jobs at similar companies. ... Top Employer South Africa 2019. 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