PepsiCo, Inc. ·PEP

Six operating CEOs run distinct global food and beverage units

Food & Beverage · Fortune #43 · Divisional structure · 318K employees · Purchase, NY

11
CEO span
↑ wider than peers (avg 9)
2.7
Avg span
moderate
2
Max depth
flat for 318K emp
3.3 yr
Avg tenure
73%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-27 · 10-K
Revenue
$93.9B
Operating income
$11.5B
Net income
$8.2B
Total assets
$107.4B
Shares out
1.37B

Sourced from PepsiCo, Inc. DEF 14A · filed 2026-03-27 ↗ View on SEC

Interactive org chart

PepsiCo, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Six operating CEOs report directly to PepsiCo’s CEO, a rare structure at this scale. This page maps PepsiCo’s divisional leadership across regions and categories, details the executive team, recent leadership changes, and compares the structure with global food and beverage peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Jamie Caulfield departed as Executive Vice President and Chief Financial Officer

Retired following CFO transition; services through May 15, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a dedicated AI and data leader to coordinate automation and analytics across divisions.
  • Consolidate International CEOs Group international food and beverage CEOs under a single International President to reduce CEO span.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

12 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Ramon L. Laguarta

Chairman and Chief Executive Officer

Executive

7 yr

12 reports

internal

Ram Krishnan

Chief Executive Officer, PepsiCo North America

North America

1 yr

0 reports

Steve Schmitt

Executive Vice President and Chief Financial Officer

Finance

1 yr

0 reports

internal

Gregg Roden

Executive Vice President and Chief Operations Officer

Operations

3 yr

0 reports

internal

Silviu Popovici

Chief Executive Officer, Europe, Middle East and Africa

EMEA

4 yr

0 reports

internal

Athina Kanioura

Chief Executive Officer, Latin America Foods and EVP Chief Strategy & Transformation Officer

Latin America

2 yr

0 reports

internal

Steven Williams

Executive Vice President and Vice Chairman, Global Chief Commercial Officer & Corporate Affairs

Commercial

5 yr

0 reports

Becky Schmitt

Executive Vice President and Chief People Officer

Human Resources

2 yr

0 reports

internal

David Flavell

Executive Vice President, General Counsel and Corporate Secretary

Legal

4 yr

0 reports

internal

Anne Tse

Chief Executive Officer, Asia Pacific Foods

Asia Pacific

3 yr

0 reports

internal

Eugene Willemsen

Chief Executive Officer, International Beverages

International Beverages

4 yr

0 reports

Jane Wakely

Executive Vice President, Chief Consumer and Marketing Officer & Chief Growth Officer, International Foods

Marketing

2 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Ramon L. Laguarta $23.9M
Base salary
$1.80M
Stock awards
$3.14M
Non-equity incentive
$5.77M
Pension change
$4.13M
Other
$652K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
CEO base salary
NEO base salary
Director cash retainer

Executives and directors are subject to stock ownership guidelines based on multiples of salary or retainer.

HolderShares% of class
Ramon L. Laguarta 320K<1%

The businesses

How PepsiCo, Inc. divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

North America

120K employees

CEO, PepsiCo North America (Ram Krishnan)

Largest division covering U.S. and Canada foods and beverages.

Europe, Middle East and Africa

80K employees

CEO, EMEA (Silviu Popovici)

Integrated foods and beverages across EMEA markets.

Asia Pacific Foods

45K employees

CEO, Asia Pacific Foods (Anne Tse)

Convenient foods across Asia Pacific including China and India.

Latin America Foods

40K employees

CEO, Latin America Foods (Athina Kanioura)

Snack and food businesses across Latin America.

The thesis

Why this org is unusual

Six operating CEOs reporting directly to Ramon Laguarta make PepsiCo unusually decentralized for a consumer staples giant.

The org chart shows geographic and category CEOs—North America, EMEA, Asia Pacific Foods, Latin America Foods, and International Beverages—each with P&L authority. This divisional design pushes accountability close to markets while keeping functional chiefs like CFO, COO, and CPO centralized.

The structure reflects PepsiCo’s long-standing balance of snacks and beverages across regions. Notably, North America alone is led by a dedicated CEO overseeing both foods and beverages categories, while international businesses are split by geography and product type. The result is a wide CEO span but limited hierarchy depth, supporting faster local decisions.

  • Multiple operating CEOs report directly to the CEO
  • Clear separation of Foods and Beverages internationally

The comparison

How PepsiCo, Inc. stacks up

Compared with peers like Coca‑Cola and Nestlé, PepsiCo places more CEOs directly under the group CEO rather than funneling regions through a single international president. Coca‑Cola centralizes bottler strategy under a COO, while Nestlé relies on zone heads with fewer direct reports to the CEO. PepsiCo’s model …

C-suite size

PepsiCo, Inc.
13
Nestlé
10
Unilever
11

Reporting depth

PepsiCo, Inc.
2 levels
5 levels
Nestlé
6 levels
Unilever
6 levels
5 levels
5 levels

Avg C-suite tenure

PepsiCo, Inc.
3 yr
Nestlé
7 yr
Unilever
5 yr

Has COO / Has CAIO

PepsiCo, Inc. — no COO — no CAIO
Coca-Cola ✓ COO — no CAIO
Nestlé — no COO — no CAIO
Unilever — no COO ✓ CAIO
Mondelez ✓ COO — no CAIO
Kraft Heinz ✓ COO — no CAIO

Current signals

What changed recently

PepsiCo named Steve Schmitt CFO in late 2025, replacing retiring Jamie Caulfield, and elevated Steven Williams to global commercial leadership.

  • departed
    Jamie Caulfield Executive Vice President and Chief Financial Officer

    Retired following CFO transition; services through May 15, 2026.

    Source
  • Date not confirmed promoted
    Steven Williams Global Chief Commercial Officer & Corporate Affairs

    Transitioned from CEO, North America effective Dec 28, 2025.

    Source
  • Date not confirmed new
    Steve Schmitt Executive Vice President and Chief Financial Officer

    Appointed CFO effective Nov 10, 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-27
CEO
Ramon L. Laguarta
CEO span
10
C-suite
7
Avg tenure
3.2 yr

New CFO appointment expanded external hiring at the top.

Named executive officers (5)
  • Ramon L. Laguarta - Chairman and CEO since 2018
  • Steve Schmitt - EVP and CFO since 2025
  • Steven Williams - EVP and Vice Chairman since 2020
  • Silviu Popovici - CEO, EMEA since 2021
  • Becky Schmitt - EVP and CPO since 2024

Year-over-year changes

FY2024 → FY2025

The main change was the external hire of a new CFO, increasing CEO span and reducing average tenure.

  • CEO span: 9 → 10
  • C-suite size: 6 → 7
  • Avg tenure: 3.8 → 3.2 yr
  • new Steve Schmitt - EVP and CFO (DEF 14A 2026-03-27)

Frequently Asked Questions

Who is the CEO of PepsiCo?

Ramon L. Laguarta has served as Chairman and CEO of PepsiCo since 2018.

What type of organizational structure does PepsiCo use?

PepsiCo uses a divisional structure organized by geography and product category.

How many direct reports does PepsiCo's CEO have?

As of 2026, the CEO has 11 direct reports.

How has PepsiCo's leadership changed recently?

In late 2025, PepsiCo appointed Steve Schmitt as CFO and moved Steven Williams into a global commercial role.

Who reports directly to PepsiCo's CEO?

Direct reports include multiple regional and category CEOs along with core functional chiefs like the CFO and COO.

Sources

  • 8-K Filing, Oct 9 2025
  • 8-K Filing, Dec 15 2025
  • SEC EDGAR: PepsiCo, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: PepsiCo, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). PepsiCo, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/pepsico/
MLA 9th
"PepsiCo, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/pepsico/. Accessed .
Chicago 17
Creately. "PepsiCo, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/pepsico/.
Original SEC source View on SEC ↗
PepsiCo, Inc.. DEF 14A. Filed 2026-03-27. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/77476/000130817926000169/pep015012_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/pepsico/ · last updated 2026-04-01

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