PepsiCo has announced that Wern-Yuen Tan has been appointed CEO of Asia Pacific, Australia, New Zealand and China (APAC), overseeing all of PepsiCo’s operations in the region.
Mr Tan, who will begin his new role on June 15, will be based in Singapore and will report to PepsiCo CEO Ramon Laguarta.
Prior to PepsiCo, Mr 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 eCommerce businesses. During his tenure, he led Walmart China through a time of transformation to become an “industry pioneer” in omnichannel innovation and retail digitisation.
Before joining Walmart in 2017, Mr Tan served as Managing Director for McDonald’s Taiwan, where he gained experience in the food service sector. Earlier in his career, he was a principal at Boston Consulting Group, where he advised retail and consumer clients on growth strategy, innovation and turnarounds. Mr Tan began his career in the Singapore government.
“I am thrilled to join PepsiCo, a truly global company whose products are recognized across the world,” says Mr 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.”