ram krishnan pepsico china
Krishnan is currently PepsiCo’s chief executive for Greater China – a role that he will, for the time being, continue to fulfill. (RTTNews) - Beverages giant PepsiCo, Inc. (PEP) announced Wednesday that Ram Krishnan has been appointed to the role of PepsiCo's Global Chief Commercial Officer. Furthermore, e-commerce sales should remain steady throughout the crisis as consumers shun brick-and-mortar businesses and order more products online. Stock Advisor launched in February of 2002. Ram R. Krishnan’s colleagues are John Ledva, Joe Silverman, Flavia Araujo, Anthony Parker. What is Ram R. Krishnan’s latest job experience? If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. PepsiCo has been operating in China for nearly 40 years and this transaction marks an important step in the company’s goal to become China’s leading consumer-centric food and beverage company. Investors shouldn't worry about PepsiCo's increased exposure to China since it could benefit the company over the long run after the macro headwinds finally dissipate. more information Accept. United States, Founded in 1898, PepsiCo is a food and beverage corporation headquartered in Purchase, New York, United States. That's why PepsiCo repeatedly emphasized the strength of Be & Cheery's direct-to-consumer and e-commerce channels in its press release. Global Chief Commercial Officer & Chief Executive Offic... Profiles With a Similar Job Title And Industry. In a recent interview with CNBC, CFO Hugh Johnston disclosed that PepsiCo generated less than 2% of its total revenue from China -- which suggests that the country accounts for nearly half of its APAC business. View Ram Krishnan’s profile on LinkedIn, the world's largest professional community. The company is one of China's largest snack makers, and it sells a wide range of nuts, dried fruits, meat snacks, baked goods, and confectionery. Be & Cheery generated 5 billion yuan ($713 million) in revenue last year. Who are Ram R. Krishnan’s peers at other companies? Be & Cheery operates an asset-light model by mainly selling its products on China's e-commerce platforms instead of brick-and-mortar stores. Krishnan is currently PepsiCo’s chief executive for Greater China – a role that he will, for the time being, continue to fulfill. PepsiCo's is buying Be & Cheery at a significant discount at less than one times last year's revenue. *Constant currency basis. Ram R. Krishnan’s peers at other companies are Inna Poliakov. However, the acquisition notably boosts its exposure to China as the country struggles with an economic slowdown, an unresolved trade war with the U.S., and a coronavirus epidemic. Haoxiangni Health Food reportedly wanted to divest the business to focus on the growth of its jujube (Chinese date) business as the country's macro headwinds intensified. What is Ram R. Krishnan’s business email address? His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. During last quarter's conference call, CEO Ramon Laguarta noted that its Chinese business was "growing very well.". What is Ram R. Krishnan’s direct phone number? I chatted with Ram Krishnan, President and CEO of PepsiCo China, this morning as I started my day with a cup of coffee and Ram was ending his day in Shanghai. Returns as of 10/14/2020. “Ram is a proven leader with deep consumer and customer understanding who also knows how to harness data to drive business growth,” said PepsiCo’s chairman and chief executive, Ramon Laguarta. It could also boost the size of PepsiCo's Chinese business from 2% to 3% of its annual revenue. PepsiCo expects to generate 4% organic sales growth in 2020. The coronavirus crisis also hasn't hurt PepsiCo's Chinese business yet. Vi Wireless Product L3 Support Product Engineer. This acquisition isn't surprising since PepsiCo often expands its portfolio by buying popular regional brands. Best known for its name-brand soft drink, Pepsi, the company manufactures, markets, and distributes grain-based snack foods, beverages, an, Information without innovation is just data, Ram R. Krishnan’s role in PepsiCo, Inc. is Global Chief Commercial Officer & Chief Executive Officer (Greater China), Ram R. Krishnan’s email address is r***@pepsico.com, Ram R. Krishnan’s business email address is r***@pepsico.com, Ram R. Krishnan’s direct phone number is (914) ***-****, Ram R. Krishnan’s HQ phone number is (914) 253-2000, Ram R. Krishnan’s latest job experience is Chief Executive Officer at Ntn Buzztime Inc, Ram R. Krishnan’s latest education in BS - systems engineering at University of Virginia. Ramkumar Krishnan is on the board of Tractor Supply Co. and Global Chief Commercial Officer at PepsiCo, Inc. Mr. Krishnan previously was Senior Brand Manager-Cadillac Division at General Motors Co. and Senior Vice President & Chief Marketing Officer at Frito-Lay, Inc. Mr. Krishnan received an undergraduate degree, a graduate degree and an MBA from the University of Michigan. What is Ram R. Krishnan’s role in PepsiCo, Inc.? Adding a major Chinese snack maker to its portfolio could keep that momentum going after it laps the acquisition and adds Be & Cheery to its organic sales figures in 2021. Subscribe Ram Krishna, PepsiCo, Inc. has added information to its, https://www.profoodworld.com/home/company/13309344/pepsico, PepsiCo announces executive promotion | ProFood World, https://www.profoodworld.com/home/news/13279924/pepsico-announces-executive-promotion. 700 Anderson Hill Rd., Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. He is just the kind of competitive, strategic leader we need as PepsiCo continues on our journey to accelerate growth.”, By continuing to use the site, you agree to the use of cookies. © Copyright 2020 - Sayers Publishing Group Ltd, Allied approach to beverage commercialisation, Dow launches Invisu adhesives in North America, Coca-Cola to make rPET switch in Netherlands and Norway, CarbonLite targets moulding industry with PP/PE blend, Chemical recycling partnership plans French plant, Remote working creates butterfly effect, claims Esko Brand Solutions. Let's dig deeper to determine if it was the right time for PepsiCo to buy a major Chinese company. PepsiCo doesn't disclose its revenue from China separately. First, PepsiCo already has an established manufacturing and logistics framework across China, and it can leverage that scale to squeeze out higher margins than Haoxiangni from Be & Cheery's products. Source: PepsiCo annual reports. PepsiCo has made Ram Krishnan its global chief commercial officer following the departure of Laxman Narasimhan, who is leaving the beverage company to become chief executive of Reckitt Benckiser Group. Be & Cheery chairman Haoqun Qiu also noted that PepsiCo's strong brand, "route-to-market capabilities," and global supply chain would help it reach more consumers. What is Ram R. Krishnan’s latest education? What company does Ram R. Krishnan work for? The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. “Ram understands the importance of competing locally, which has driven his ability to win in both Eastern and Western markets. He joined the company in 2006, working for Frito-Lay and Walmart before being asked to lead PepsiCo’s China business in 2017. Instead, the country is included in its APAC (Asia Pacific, Australia, New Zealand, and China) segment, which grew its revenue 4% annually to $2.92 billion, or 4% of its total sales, in fiscal 2019. Ram Krishnan, CEO of PepsiCo Greater China, stated that the brand is "highly complementary" to its business, and supports its plans to continue growing "in China, for China, with China.". Follow him on Twitter for more updates! PepsiCo's acquisition of Be & Cheery is a smart move that could boost its Chinese revenue without significantly throttling its margins. Therefore, the takeover could increase the size of PepsiCo's Chinese business by nearly 50%, and the total size of its APAC business by about 24%. PepsiCo has made Ram Krishnan its global chief commercial officer following the departure of Laxman Narasimhan, who is leaving the beverage company to become chief executive of Reckitt Benckiser Group. However, PepsiCo likely isn't too worried about the economic slowdown or the coronavirus (officially known as COVID-19) outbreak, for two reasons. PepsiCo (NASDAQ:PEP) recently agreed to buy Hangzhou Haomusi Food, also known as Be & Cheery, from Haoxiangni Health Food for $705 million. Which industry does Ram R. Krishnan work in? See more information about Ram R. Krishnan, Kellogg School of Northwestern University, The Kellogg School at Northwestern University, Ram Krishnan President & CEO Greater China Region PepsiCo Seng Huang Lee Group Executive Chairman, Ram Krishnan , PepsiCo global chief commercial officer Ram Krishnan assuming new role, Ram Krishnan , PepsiCo global chief commercial officer PepsiCo announces executive promotion | ProFood World ProFood World See you at the top! Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Ram Krishnan, CEO of PepsiCo Greater China, stated that the brand is "highly complementary" to its business, and supports its plans to continue growing "in China, for China, with China." Let's conquer your financial goals together...faster. Ram has 2 jobs listed on their profile. Read Article PepsiCo recently announced that Wern-Yuen Tan has been appointed CEO of Asia Pacific, Australia, New Zealand and China (APAC), overseeing all of PepsiCo’s operations in the region. It's already reopened most of its Chinese plants, and demand for snacks and beverages should remain stable -- even throughout this or future viral outbreaks. A single percentage point might not seem significant, but it matters to a company that's consistently generated low-single-digit organic sales growth over the past five years: YOY = Year-over-year. Purchase, New York, 10577, Cumulative Growth of a $10,000 Investment in Stock Advisor, PepsiCo Increases Its Exposure to China With a $705 Million Purchase @themotleyfool #stocks $PEP, Pepsi Has a Shot at Another Big Sales Year, PepsiCo Is Sailing on Its Snacks Distribution Strength, PepsiCo Inc (PEP) Q3 2020 Earnings Call Transcript, PepsiCo Bounces Right Back to Sales Growth, Copyright, Trademark and Patent Information. View Ram Krishnan's business profile as Global Chief Commercial Officer & Chief Executive Officer (Greater China) at PepsiCo, Inc.. Find contact's direct phone number, email … Ram R. Krishnan works in the industry of Food & Beverages, Food, Beverages & Tobacco, Manufacturing. Market data powered by FactSet and Web Financial Group. Krishnan stated that Be & Cheery would boost PepsiCo's direct-to-consumer capabilities in China and that it could tap the brand's innovation and insights to drive the growth of its other products in China. What is Ram R. Krishnan’s HQ phone number?
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