The move is initiated by CEO D Shivakumar.
PepsiCo India, one of the leading F&B Companies has restructured its senior management team to improve its position in India by the newly appointed CEO for India region D Shivakumar.
The company has put in place a new structure which is mainly based on functional reporting centrally and doing away with the earlier marketing unit structure.
In the new structure, there will be no marketing unit heads and all the unit functional heads will now report centrally to the company owned bottling operations functional heads. As a result the earlier Himalayan and Peninsula market has been done away with paving way for Satyavrat Pendharkar, Senior Director & General Manager of Himalayan market to take up a new assignment within PepsiCo in Dubai, says a media report.