Laxman Narasimhan is the Global Chief Commercial Officer of PepsiCo. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world, and generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes 22 brands that generate more than $1 billion each in estimated annual retail sales.
Laxman assumed his current role of Global Chief Commercial Officer in March 2019. Laxman oversees PepsiCo’s Global Commercial teams (Global Category Groups, Insights, Commercialization and Design) as well as Global R&D, E-Commerce and Strategy. He also works with the PepsiCo Executive Committee (PEC) to codify and implement an advanced Commercial Digital capability roadmap for PepsiCo, while also crafting the company’s vision for building other critical commercial capabilities at scale.
Laxman also currently serves as the CEO of PepsiCo Latin America, leading the company’s food and beverage businesses for Mexico, South America, Central America and the Caribbean, with full P&L responsibility over $9 billion in annual revenue and 70,000 people. He has been a member of the PepsiCo Executive Committee for the last four years.
Prior to his role as CEO Latin America, Laxman was the SVP and CFO of PepsiCo Americas Foods— PepsiCo’s largest sector, comprising 36 countries, over $26 billion in revenues, and half the profitability of the company. The sector included Frito-Lay North America, Quaker North America and Latin America Foods divisions. In this role, he partnered closely with the Sector CEO to allocate capital, set and deliver performance targets, and build capability. Under his leadership as CFO, PepsiCo Americas Foods delivered strong growth, profitability and returns on capital.
Prior to joining PepsiCo, he served as the Director and Delhi Location Manager for the global consulting firm McKinsey & Company. There, he oversaw consumer-facing industries in India, spearheaded McKinsey’s research on the emerging-market digital consumer, co-led McKinsey’s Global Consumer and Shopper Insights Practice and its Global Retail Knowledge Council. His nearly two decades at McKinsey across Cleveland, Tokyo, Toronto, Silicon Valley and New Delhi provided him with the opportunity to fill a wide array of roles across three continents, adapting to a myriad of cultures and expectations while gaining expertise in multiple industries, including consumer, retail, technology, energy, consumer financial services, manufacturing, consumer health and health care. With an interest in global affairs and a desire to improve educational opportunities, he led several public sector initiatives at McKinsey in India with the government, focusing primarily on education and skill-building.
Laxman is a Trustee of The Brookings Institution, a member of the Council on Foreign Relations, a Board Member of the Latin America Conservation Council and of the US India Strategic Policy Forum. He earned an MBA from the University of Pennsylvania’s Wharton School, and was designated a Palmer Scholar and J.N. Tata Scholar. He also holds an MA in German and International Studies from the University of Pennsylvania’s Lauder Institute, with support from the Marcus Wallenberg Foundation. He earned a bachelor’s degree in Mechanical Engineering with distinction from the University of Pune in India. He speaks English, German, three Indian languages and conversational Spanish.
He and his wife, Vidhya, have two children and live in Greenwich, Connecticut.