- January 9, 2017 / 2 min readA PepsiCo India spokesperson confirmed the development and said Harsh Rai, CEO and MD of NourishCo Beverages (a Tata PepsiCo JV), will take over the reins from Pota.
Pratik Pota, Vice-president, PO1 sales, of food and beverage giant PepsiCo India and Kimsuka Narsimhan, CFO, PepsiCo India have decided to step down of their positions and have reportedly resigned from the company.
A PepsiCo India spokesperson confirmed the development and said Harsh Rai, CEO and MD of NourishCo Beverages (a Tata PepsiCo JV), will take over the reins from Pota.
Pota, a PepsiCo veteran for 11 years, worked across several functions at the local arm of the Purchase-based company, including developing and launching its packaged nimbu pani (lemonade) brand Nimbooz to re-launching Mountain Dew on the proposition of Darr Ke Aage Jeet Hai (Beyond Fear Lies Victory). As the PO1 (Power of One) sales head of PepsiCo India, Pota was responsible for food and beverages sales of the company. Launched by Indra Nooyi, the PO1 strategy integrates the company's snacks and beverage divisions into a single portfolio. Narsimhan and Pota have left for personal reasons, company executives said.
India's Rs 14,000 crore soft drink industries, which is facing a big challenge due to higher taxes and consumers shifting to healthier beverages, seems to be undergoing significant restructuring at present with PepsiCo's rival Coke shuffling the portfolios of its senior executives in India.
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