Mike Holmes, who has been running Pepsi's business in Romania for the last four years, will leave the company and will be replaced by Pavlos Katsivelis, who used to run Pepsi in Greece. Katsivelis will lead both the beverages and the snacks divisions in Romania.

Pavlos Katsivelis has been working for PepsiCo-Ivi since 2002. He started his career as a Planning Manager, was then promoted to CFO and in 2007 he undertook the role of managing director of PepsiCo-Ivi, one of the largest bottling companies in Greece. He has previously worked with Arthur Andersen as external auditor and with Wind as budget and reporting manager.

Katsivelis graduated from the Athens University of Economics & Business, with a Bachelor’s degree in Business Management and a Master’s degree in Finance and Banking. Check out his CV here.

editor@romania-insider.com