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