Wern-Yuen Tan is taking up the mantle as PepsiCo’s new Chief Executive Officer of Asia Pacific, Australia, New Zealand, and China. In his new role, Tan will oversee all of the company’s operations in the region, effective June 15, 2020.
"I am thrilled to join PepsiCo, a truly global company whose products are recognized across the world," said Tan. "With deep roots across this region and an unparalleled offering, PepsiCo is uniquely positioned to expand its market share and existing omnichannel capabilities across APAC. I look forward to working with Ramon and the entire leadership team to drive growth and localized solutions in this dynamic part of the world."
Prior to joining PepsiCo’s team, Tan served as President and CEO of Walmart China where he led a team of 100,000 associates responsible for over $10 billion in annual revenue across the Walmart, Sam's Club, and e-commerce businesses, according to a press release. Tan’s resume also includes serving as Managing Director for McDonald's Taiwan and as Principal at Boston Consulting Group. He began his career in the Singapore government.
As PepsiCo’s new CEO of APAC, Tan will be based in Singapore and will report to PepsiCo CEO Ramon Laguarta.
"All of us at PepsiCo are delighted to welcome Wern-Yuen as our new CEO of APAC at this time of unprecedented change and opportunity," said Laguarta. "Wern-Yuen has driven transformative innovation and results at every step of his career and brings deep experience with consumers in this diverse region through positions in retail, foodservice, and consulting. His leadership will be instrumental as we look to accelerate growth by leveraging our scale and creating more localized solutions in these important markets."
With Tan stepping up as CEO Of APAC, Ram Krishnan, the former CEO of APAC, will now transition fully to the role of Global Chief Commercial Officer of PepsiCo—a role that was created to support the company’s efforts to accelerate growth, with a focus on scaling innovation, commercial, and transformation capabilities.
Laguarta continued: "I also want to recognize and express my deep gratitude to Ram and the APAC leadership team for their phenomenal work managing our business through a historically difficult period while delivering strong results and making PepsiCo Faster, Stronger, and Better. Ram will now return fulltime to his role as Global Chief Commercial Officer, a crucial position for PepsiCo's Winning with Purpose strategy. His continued leadership will be a tremendous asset as we execute on our global consumer and customer sales agenda, whilst developing and scaling new capabilities and business models based on data and technology to deliver future growth."
Congratulations to Wern-Yuen Tan on his new role!