He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. Ramon Laguarta has been the chief executive of PepsiCo since 2018. . [96] The board of directors is composed of eleven outside directors as of 2010, including Ray Lee Hunt, Shona Brown, Victor Dzau, Arthur C. Martinez, Sharon Percy Rockefeller, Daniel Vasella, Dina Dublon, Ian M. Cook, Alberto Ibargen, and Lloyd G. Trotter. Our most recent data collection was conducted in 2020. [8], In 1935, the shareholders of Loft sued Guth for his 91% stake of Pepsi-Cola Company in the landmark case Guth v. Loft Inc. Loft won the suit and on May 29, 1941, formally absorbed Pepsi into Loft, which was then re-branded as Pepsi-Cola Company that same year. PepsiCo announces LIFEWTR will be packaged in 100% rPET, bubly will no longer be packaged in plastic, and AQUAFINA will be offered in aluminum can packaging in U.S. food service. Transition to 100% Renewable Energy in the U.S. 40 years of the Supplier Diversity Program. Food & Beverage - Public. The outcome of our operational water risk assessment informs which sites are designated as high risk and allows us to focus our efforts and resources where it matters most. In November 2014, the firm's president Zein Abdalla announced he would be stepping down from his position at the firm by the end of 2014. Doolin entered a small San Antonio cafe . PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. And with every project, brand and initiative that you are part of, youll be doing good for the planet and for our communities. PepsiCo's water strategy applies to the entire organization, including all companies, entities or groups over which operational control is exercised. [157] Beginning largely in 2006, PepsiCo began development of more efficient means of producing and distributing its products using less energy,[158] while also placing a focus on emissions reduction. Today, Pepsi is a beverage giant in China, with 40 wholly-owned and joint ventures, including 15 bottling plants and four snack-food factories, and employs 10,000 people. PepsiCo receives Stockholm Industry Water Award in recognition of the company's innovative and outstanding water stewardship initiatives. [67] While PepsiCo owns its own manufacturing and distribution facilities in certain parts of these regions, more of this production is conducted via alternate means such as licensing (which it does with Aquafina), contract manufacturing, joint ventures, and affiliate operations. The brand will go on to make a name for itself with edgy, innovative ads. [50] One of PepsiCo's primary competitors in the snack food market overall is Kraft Foods (now Mondelez International), which in the same year held 11 percent of the U.S. snack market share. At the Board level, the Sustainability, Diversity and Public Policy Committee oversees key water risks and practices. ", "PepsiCo's Bonin Bough on performance with purpose", "Mich. school wins grant to build weight room", "Oil Spill Aid Is Small, but Some Companies Step Up", "Animal food bank puts Pepsi grant to good use", "Pepsi Re-Ups 'Refresh,' Extends Project Overseas", "Hundreds of Frito-Lay workers on strike in Topeka, citing forced overtime and 84-hour workweeks", "Frito-Lay strike hits 12 days, negotiations to resume Monday", "Frito-Lay workers end 19-day strike in Kansas with contract that guarantees one day off per week", "All Eyes on PepsiCo: Will it Come Clean or Keep Trafficking Conflict Palm Oil? 90 percent of all Super Bowl stadium waste is recovered. In other words, we aim to put back more water than we take from local watersheds. Pepsi reimagines the cola experience with this first-ever nitrogen-infused cola that innovates the one thing that has remained the same since the category's inception the bubbles. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. As of 2015, 22 PepsiCo brands met that mark, including: Pepsi, Diet Pepsi, Mountain Dew, Lays, Gatorade, Tropicana, 7 Up, Doritos, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Sierra Mist, Fritos, Walkers. [11] After 39 years trading on the New York Stock Exchange, PepsiCo moved its shares to Nasdaq on December 20, 2017. [44], On August 3, 2021, PespiCo announced that they have agreed to sell a majority stake in Tropicana, Naked and other North American juice brands to French private equity firm PAI Partners for US$3.3 billion, so that the company can concentrate on its healthy snack food business. In addition to Quaker branded products, Quaker Foods North America also makes, markets, distributes and sells cereals, rice, pasta, dairy and products such as Cheetos MacN Cheese, Pearl Milling Company pancake mixes and syrups, Capn Crunch cereal, Life cereal, Rice-A-Roni and Near East side dishes. Upload your resume. At the end of 2021, we had 31 facilities in the process of adopting and three facilities that have completed adoption of the AWS Standard. Over the course of more than 100 years, PepsiCos Latin America business has grown to become one of the strongest food and beverage manufacturers in the region by working closely with local entrepreneurs and investing in lasting win-win partnerships with our suppliers and farmers, investors, consumers, and communities. Estimated Investment. [25], In August 2009, PepsiCo made a US$7billion offer to acquire the two largest bottlers of its products in North America: Pepsi Bottling Group and PepsiAmericas. Find jobs. In doing so, the factory used machinery that captured water naturally contained in potatoes, and used it to offset the need for outside water. Inc . Cash Tender Offers. In 2021, through our projects across the globe, we replenished more than 6.1 billion liters of water, or 34% of the water we consumed in our company-owned manufacturing facilities in high-risk watersheds. 1 answer. PepsiCo's investments under the new Green Bond will focus on key environmental sustainability initiatives under the pep+ agenda. Design, CMS, Hosting & Web Development :: PepsiCo said the new facility will create nearly 250 new jobs in the Denver area. Always. In 2010 this acquisition was completed, resulting in the formation of a new wholly owned subsidiary of PepsiCo, Pepsi Beverages Company. Type: Company - Public (PEP) Industry: Food & Beverage Manufacturing. Domodedovo, Russia. In 2021, the PepsiCo Foundation continued to expand the reach of its safe water access program, helping to provide safe water access to more than 68 million people since 2006, with a goal of reaching 100 million by 2030. Lay & Company. This system makes it easier for people to stay hydrated with great-tasting beverages, digitally tracks hydration, and helps meet the growing consumer demand for more sustainable packaging. To continue to advance this goal, the Foundation is providing grants over three years to two new water stewardship programs in Latin America and Africa. Each watershed is unique, and it is important that replenishment projects are informed by the local conditions within the areas that we source from. PepsiCo Foods North America, which includes Frito-Lay and Quaker Oats, hired more than 13,500 part- and full-time workers in 2020, and as of March employed nearly 70,000 people in the U.S. and . PepsiCo (PEP) is listed on the NYSE for $00.75. Start of main content. Progress is driven by 31 projects across the globe, with our support of the Greater Cape Town Water Fund and our reforestation partnership with the Arbor Day Foundation in California representing the projects with the greatest individual impacts. [60], PepsiCo's product mix as of 2015 (based on worldwide net revenue) consists of 53 percent foods, and 47 percent beverages. Garner. Manufacturing & Industrial - Public. In the U.S., water shortages in certain regions resulted in increased scrutiny on the company's production facilities, which were cited in media reports as being among the largest water users in cities facing droughtsuch as Atlanta, Georgia. PepsiCo is headquartered in Harrison, NY and has 13 office and retail locations located throughout the US.See if PepsiCo is hiring near you. As of 2015, 22 PepsiCo brands met that mark, including: Pepsi, Diet Pepsi, Mountain Dew, Lay's, Gatorade, Tropicana, 7 Up/Teem, Evervess, Doritos, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Sierra Mist, Fritos, Walkers, and Bubly. Expand. In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. Our SSP builds supplier awareness and capabilities on the issues and expectations referenced in our SCoC. pic.twitter.com/qTKDQAurpF. In 2010, PepsiCo announced a goal to create partnerships that prompt an increase in the beverage container recycling rate in the U.S. to 50 percent by 2018. PepsiCo purchases Kentucky Fried Chicken (KFC). Lay Company, produces the top-selling line of snack foods in the U.S. Its main brands in the U.S., Canada, and Mexico include Lay's and Ruffles potato chips; Doritos tortilla chips; Tostitos tortilla chips and dips; Cheetos cheese flavored snacks; Fritos corn chips; Rold Gold pretzels; Sun Chips; and Cracker Jack popcorn. Works include those of Alexander Calder, Henry Moore, and Auguste Rodin. Videos; Stories; Media Resources . Pepsi Bottling Ventures has 18 locations in North Carolina, South Carolina, Maryland, and Delaware. [51] Beverages accounted for less than 50 percent of its total revenue in 2009. [98] PepsiCo received a 100 percent rating on the Corporate Equality Index released by the LGBT-advocate group Human Rights Campaign starting in 2004, the third year of the report.[99]. ", "Sabra 'well on its way' to becoming our next $1bn brand, says PepsiCo", "The Surprising Rise of Hummus in America", "IBISWorld - Industry Market Research, Reports, and Statistics", "PepsiCo President Zein Abdalla to retire", "American Can Co. Plans to Leave City; Plans to Go to Greenwich", "$2,000,000 is Paid for City Building; 500 Park Ave. . Products made by this division are sold to independent distributors and retailers, and are transported from Frito-Lay's manufacturing plants to distribution centers, principally in vehicles owned and operated by the company. Turkey With the acquisition of KeVita, a leading creator of fermented probiotic and kombucha beverages, PepsiCo expands its health and wellness offerings in the premium chilled beverage space. [42], In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for US$3.85 billion. In order to achieve this, we have adopted an approach to watershed management that includes improving water-use efficiency across our value chain: on farms and in manufacturing facilities; replenishing water and improving the health of the local watersheds that are most at risk and where we operate; and increasing safe water access for communities that face water insecurity, including scarcity and unsafe water sources. PepsiCo AMESA is headquartered in Dubai, United Arab Emirates, and led by Eugene Willemsen, CEO, Africa, Middle East and South Asia. [165], Public health advocates have suggested that there may be a link between the ingredient makeup of PepsiCo's core snack and carbonated soft drink products and rising rates of health conditions such as obesity and diabetes. [104] In 1966, Mayor of New York City John Lindsay started a private campaign to convince PepsiCo to remain in New York City. In 2021, PepsiCo had 99 high water-risk manufacturing locations as defined by our global water risk assessment process. "[57][58], For the fiscal year 2017, PepsiCo reported earnings of US$4.857 billion, with an annual revenue of US$62.525 billion, an increase of 1.2% over the previous fiscal cycle. Location. [147], Environmental advocates have raised concern over the environmental impacts surrounding the disposal of PepsiCo's bottled beverage products in particular, as bottle recycling rates for the company's products in 2009 averaged 34 percent within the U.S.[148] In 2019, BreakFreeFromPlastic named PepsiCo a top 10 global plastic polluter for the second year in a row. The early-stage businesses gaining traction on online grocery service. [50] [59] PepsiCo ranked No. [7], On June 8, 1923, the company trademark and secret recipe were purchased by Craven Holding Corporation. [128], As a result, in 2003 PepsiCo launched a country-wide program to achieve a "positive water balance" in India by 2009. The strike began on July 5 and ended on July 23, after ratifications of a two-year contract that guarantees workers at least one day off each week and raised wages.[120][121]. Asia Pacific, Australia, New Zealand & China Australia China. PepsiCo CEO Donald M. Kendall assumes position of chairman of the board of directors upon the retirement of Herman W. Lay. Perfect for Game Day, impromptu gatherings, or just sharing with your favorite Today and every day @PepsiCo honors the legacy of Dr. Martin Luther King, Jr. by working to Move As One toward diverse representation and dismantling systemic barriers facing historically marginalized communities around the world. The weight of Aquafina bottles was reduced nearly 40 percent, to 15grams, with a packaging redesign in 2009. Frito-Lay North America, the result of a merger in 1961 between the Frito Company and the H.W. The Quaker Oats Company was officially formed in 1901 when four American grain pioneers came together to incorporate the now household name. IMAG!NE snacks, which are made with real ingredients like cheese, apples and cranberries, help to reimagine snack time. The APAC sector consists of the Asia Pacific, Australia/New Zealand and China regions, offering a number of leading snack brands such as Cheetos, Doritos, Lays and Smiths as well as various beverage brands including 7UP, Aquafina, Mirinda, Mountain Dew and Pepsi.PepsiCo also sells ready-to-drink tea products through a joint venture with Unilever under the Lipton brand and licenses Tropicana through a strategic alliance with Tingyi (Cayman Islands) Holding Corp.PepsiCo APAC is headquartered in Shanghai, China, and led by Wern-Yuen Tan, CEO, Asia Pacific, Australia, New Zealand and China. [27] When it acquired the remaining 23% stake of Wimm-Bill-Dann Foods in October 2011, PepsiCo became the largest food and beverage company in Russia. As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. In response PepsiCo has made public comments on its commitment to minimizing their impact but has not released public information documenting progress on most of its public commitments. Our 2025 sustainability goals are designed to help build a more sustainable food system. These locations span five continents and 18 countries and account for more than 30% of our company-owned manufacturing sites. [129] In 2007, PepsiCo's then-CEO Indra Nooyi made a trip to India to address water usage practices in the country, prompting prior critic Sunita Narain, director of the Centre for Science & Environment (CSE), to note that PepsiCo "seem(s) to be doing something serious about water now. [135][136], As a result of water reduction practices and efficiency improvements, PepsiCo in 2009 saved more than 12billion liters of water worldwide,[137] compared to its 2006 water usage. PepsiCo's Indra Nooyi Solves the Obesity Crisis", "Tap water wears a bow tie when it's put in a bottle and sold", "India: Pesticide Claims Shake Up Coke and Pepsi", "Pesticide Scare Cripples Coke and Pepsi in India", "Coca-Cola, PepsiCo Win Ruling Overturning India Ban", "Ambassador Roemer Honors GE India and PepsiCo India", "GE, PepsiCo praised for CSR in emerging markets", "PepsiCo Uncaps Bottle Recycling Plan Starbucks Still Brewing", "Coca-Cola, Nestl, and PepsiCo are the world's biggest plastic pollutersagain", "PepsiCo unveils smart 'Dream Machine' recycling kiosks", "PepsiCo, Coca-Cola Roll Out Recycling Initiatives", "Naked Juice Brings PET Bottles to the Mainstream", "PepsiCo Develops World's First 100 Percent Plant-Based, Renewably Sourced PET Bottle", "Why PepsiCo, L'Oreal and Nestle are banking on this French plastics recycling startup", "Consumer goods industry initiatives on climate protection", "PepsiCo practices performance with purpose in sustainability push", "PepsiCo CEO: 'If all consumers exercisedobesity wouldn't exist', "Coca-Cola and Pepsi removing controversial 'flame retardant' ingredient from all drinks", "Pepsi to pull sugar-sweetened drinks from schools", "PepsiCo yanking sugar from schools worldwide", "Pepsi Plans To Stop Selling Sugary Drinks In Schools Worldwide", "Is Pepsi's Removal of Sodas from Schools Just a Publicity Stunt? This method uses enzymes to dissolve plastic very thoroughly and the final leftovers can be used to produce textiles. including its production company Bocaditas Nacionales (with three production facilities in Peru) from the Hayashida family of Lima in 2009, adding the Karito brand to its product line, including Cuates, Fripapas, and Papi Frits. [5] Similarly public health advocates have criticized Pepsi's high-calorie, poor nutrition product lines along with other popular snack and drink manufacturers. The United States reciprocated with an exhibition in Sokolniki Park, Moscow, which led to the famous kitchen debate. [citation needed] Its activities in regards to the pursuit of its goalsnamely environmental impacts of production and the nutritional composition of its productshave been the subject of recognition from health and environmental advocates and organizations, and at times have raised concerns among its critics. The acquisition of CytoSport, a leading provider of protein products including Muscle Milk, EVOLVE and CytoMilk, further differentiates PepsiCo's portfolio of options. Netherlands Poland Portugal Romania Russia. Environmental advocacy organizations including the Natural Resources Defense Council and individual critics such as Rocky Anderson (mayor of Salt Lake City, Utah) voiced concerns in 2009, noting that the company could conserve additional water by refraining from the production of discretionary products such as Aquafina. Green Bonds. Anna Kirichenko. Which one is your favorite? In the same year, slightly more than 60 percent of PepsiCo's beverage sales came from its primary non-carbonated brands, namely Gatorade and Tropicana.[50]. It took its name in 1965 when the Pepsi-Cola Company merged with Frito-Lay, Inc. Gamesa is the largest manufacturer of cookies in Mexico, distributing brands such as Emperador, Arcoiris and Maras Gamesa. We're working diligently to keep products readily available to our consumers. [118], In July 2021, Frito-Lay, a subsidiary of PepsiCo became the subject to media attention over poor working conditions at its plant in Topeka. This has resulted in KFC and Pizza Hut chains in the country to switch to Coca-Cola products. None of the information on this page has been provided or approved by PepsiCo. Acquisition of 7-Up business allows PepsiCo to expand its international volume, while also providing a lemon-lime complement to its flagship cola products overseas. [143], In November 2010, the Supreme Court of India invalidated a criminal complaint filed against PepsiCo India by the Kerala government, on the basis that the beverages did meet local standards at the time of the allegations. NORTH CAROLINA. United States: Keeseville: 1524 U.S. 9: United States: Plano: 5600 Headquarters Dr: Argentina: Buenos Aires: Av. [69], The division contributed 23 percent of PepsiCo's net revenue in 2015. We seek innovative doers and thinkers who are ready to become globally minded leaders of the future. [166] Also in 2009, PepsiCo's Tropicana brand introduced a new variation of orange juice (Trop50) sweetened in part by the plant Stevia, which reduced calories by half. The plant has been owned by PepsiCo since the acquisition of Pepsi Bottling Group in February 2010. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Tropicana introduces Trop50, featuring 50% less sugar and calories, with no artificial sweeteners. The court ruling stated that the "percentage of pesticides" found in the tested beverages was "within the tolerance limits subsequently prescribed in respect of such product," since at the time of testing "there was no provision governing pesticide adulteration in cold drinks. Locations Map. PepsiCo has 5 employees across 31 locations and $79.47 b in annual revenue in FY 2021. PepsiCo moves its world headquarters from NYC to Purchase, N.Y. It developed these machines in coordination with Greenpeace, which described the initiative as "transforming the industry in a way that is going to be more climate-friendly to a great degree. Good quality fresh water is vital to our business, as a key ingredient for our beverages, to maintain sanitary conditions throughout our operations, to grow the crops within our agricultural supply chain and to produce other raw materials necessary for our business. Australia China Henry Moore, and pepsico manufacturing locations Rodin, Australia, New Zealand & amp ; beverage manufacturing Renewable in... 1898 marketing the drink from his pharmacy in New Bern, North,. In annual revenue in FY 2021 than 30 % of our company-owned manufacturing sites who ready... 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Beverage News Oats Company was officially formed in 1901 when four American grain came... Headquarters Dr: Argentina: Buenos Aires: Av to stay up to date about the latest Food beverage!: Argentina: Buenos Aires: Av Board level, the result of a merger in 1961 between the Company. 23 percent of PepsiCo, Pepsi Beverages Company owned subsidiary of PepsiCo, Pepsi Beverages Company,... Across 31 locations and $ 79.47 b in annual revenue in 2009, W.. Risk assessment process Company was officially formed in 1901 when four American grain pioneers came to... ] PepsiCo ranked No 59 ] PepsiCo ranked No business in Nashville, Tennessee % Renewable Energy the... Bottles was reduced nearly 40 percent, to 15grams, with No artificial sweeteners our 2025 sustainability are... % Renewable Energy in the formation of a merger in 1961 between the Frito Company and the H.W Maryland! The Supplier Diversity Program strategy applies to the entire organization, including all companies entities! 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Aires: Av 's innovative and outstanding water stewardship initiatives our company-owned manufacturing sites to! Artificial sweeteners marketing the drink from his pharmacy in New Bern, Carolina! Nashville, Tennessee redesign in 2009 itself with edgy, innovative ads water... The U.S. 40 years of the future Energy in the U.S. 40 years of the Supplier Diversity Program ] the!, N.Y chairman of the future other words, we aim to back! Listed on the issues and expectations referenced in our SCoC he coined the ``... Ramon Laguarta has been the chief executive of PepsiCo, Pepsi Beverages.! Food business News ' free newsletters to stay up to date about the latest Food and News. Reduced nearly 40 percent, to 15grams, with a packaging redesign in 2009 Pepsi-Cola in. Globally minded leaders of the future trademark and secret recipe were purchased by Craven Corporation... Than 30 % of our company-owned manufacturing sites with edgy, innovative ads Kendall assumes position chairman. 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