PepsiCo Makes Leadership Changes

Azevêdo to be beverage company’s executive vice president and chief corporate affairs officer
Photograph: Shutterstock

PURCHASE, N.Y. — PepsiCo Inc is making several leadership changes.

Roberto Azevêdo, who is coming from the role of director-general of the World Trade Organization (WTO), will be PepsiCo’s executive vice president and chief corporate affairs officer starting Sept. 1.

The new role brings PepsiCo’s public policy, government affairs and communications activities under one umbrella. Azevêdo will focus on solidifying PepsiCo’s external engagement efforts with national and international governments, regulators, international organizations and more. He’ll also help advance PepsiCo’s Winning with Purpose strategy.

Azevêdo has been director-general of the WTO since September 2013. Before that, he was Brazil’s ambassador to the WTO. He is also an electrical engineer.

"I am delighted to join PepsiCo at time when strengthening relationships between business, government and society has become essential to generating sustainable and inclusive long-term growth," Azevêdo said. "PepsiCo is a global leader in driving meaningful collaborations and investments focused on the betterment of our society and planet. Together with the leadership team, I look forward to helping PepsiCo continue to create positive and impactful change as we integrate and advance our global business strategy."

PepsiCo also appointed Jim Andrew as chief sustainability officer, in addition to his current role as executive vice president, beyond the bottle, effective Sept. 1. He replaces Simon Lowden, who is retiring after 24 years at PepsiCo.

"Jim's experience running our Beyond the Bottle initiatives and our SodaStream business—both of which operate at the nexus of our commercial and sustainability agendas—make him the ideal leader for our sustainability efforts going forward,” PepsiCo Chairman and CEO Ramon Laguarta said. “With him at the helm, we will continue to raise our ambitions to become planet positive, taking bold steps to catalyze positive change and build a stronger, more sustainable future for us all."

PepsiCo, Purchase, N.Y., generated more than $67 billion in net revenue in 2019, driven by its food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana brands.

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