@ft It’s difficult to envision how S&T could deliver genuine digital transformation given the current leadership within S&T and its DPA. Some VPs have failed to build strong relationships with sector stakeholders and suffer from low credibility, both within their own teams and across the broader PepsiCo organization.
The fact is that disgraced G-yatri got rid of a lot of descent American leaders who challenged her poor leadership and lack of meaningful directions, at the same time she appointed some shady individuals of Indian background. While there are certainly high-performing Indian leaders in the organization, not all appointments from last 3 years have demonstrated the capabilities or integrity needed for senior leadership roles.
Serious concerns remain over integrity of some of VP and LG appointments . If this is the leadership profile that Athina is seen to endorse, it may weaken her credibility as a candidate to take on greater responsibility, including potentially the CEO role.
There is also increasing concern that S&T has delivered limited tangible value to the business. Many projects are viewed internally as high-cost, low-impact initiatives that have not meaningfully improved performance, especially at a time when plants close and declining sales are ongoing challenges. Q2 results have only intensified these concerns.
The mood at headquarters reflects growing disillusionment. The energy, optimism, and collaborative spirit that once defined PepsiCo’s culture has faded. If meaningful change is to occur, it will require a reset in leadership—anchored by credibility, competence, and a focus on delivering real business value rather than optics. Conniving behavior, blame game and offshoring to India may help cover some leadership failures in short run, but in the long run these will drive real talent out of Pepsico and push the company further off the edge, as Q2 results proof that point clearly.