D Shivakumar, Chairman & CEO, PepsiCo India, has put in his papers. It is learnt that he is slated to join Aditya Birla Group as Executive Vice President – Corporate Strategy and Business Development. Shivakumar was with PepsiCo since December 2013. He will continue with the company till December 31, 2017 to ensure a smooth transition. Shivakumar earlier stints were with Philips Consumer Electronics, Nokia and Hindustan Unilever.
Meanwhile, Ahmed El Sheikh, Senior VP and General Manager - Egypt and Jordan at PepsiCo has been appointed as PepsiCo India CEO and will be taking charge from Shivakumar from November 1, 2017.
Sheikh has been with PepsiCo since January 2001 and has been handling the company’s operations in the Middle East, working across Jordan, Saudi Arabia, Yemen, Egypt, as well as the North East Africa markets.