An unparalleled portfolio, best-in-in class service and in-depth consumer insights give our partners a competitive advantage. Roger Enrico succeeds D. Wayne Calloway as CEO and chairman of the board of directors. Thank you to all the people around the world who make this an amazing place to work. The new plant is the first in central China. Pepsi-Cola CEO Don Kendall and Frito-Lay CEO Herman Lay sketch out a deal on the back of a napkin and agree to combine their companies. To track our operational water-use efficiency goal, we measure both water withdrawal (the total amount of water that we remove from a water source) in high water-risk areas and non-high water-risk areas as well as the volume of product produced. Upvote. 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. PepsiCo Beverages North America. Water is a fundamental human right, and the fact that billions of people have been left with limited access to it for decades is a problem of global importance that must be addressed rapidly. 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]. [62] Unlike PepsiCo's Americas business segments, both foods and beverages are manufactured and marketed under one umbrella division in this region, known as PepsiCo Europe. [22], The divestments concluding in 1997 were followed by multiple large-scale acquisitions, as PepsiCo began to extend its operations beyond soft drinks and snack foods into other lines of foods and beverages. Partnering with a specialized environmental consultancy, we have developed a robust water risk assessment process that leverages multiple data sets and local insights. PepsiCo's business encompasses all aspects of the food and beverage market. 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. [50] PepsiCo is working to ensure that all associates have the tools they need to achieve their maximum potential. Where are Pepsi products manufactured? Revenue: $10+ billion (USD) PepsiCo is a global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in annual retail sales. "[81] Following the 2022 Russian invasion of Ukraine, a number of companies faced growing pressure to halt operations in Russia after not initially doing so. PepsiCo, headquartered in Harrison, NY, has 13 offices throughout the . PepsiCo's Frito-Lay and Quaker Oats brands hold a significant share of the U.S. snack food market, accounting for approximately 39 percent of U.S. snack food sales in 2009. United States: Keeseville: 1524 U.S. 9: United States: Plano: 5600 Headquarters Dr: Argentina: Buenos Aires: Av. Location Strategy. Auctioned to Pepsi-Cola, Which Will Build a New Headquarters", "Mayor Tried to Halt Move; City Attempted to Dissuade Pepsi", "Pepsi-Cola Planning to Leave City for Westchester; New Use for Club Fought Pepsi-Cola Plans Move From City", "PepsiCo Foundation Announces Support for Sustainable Water Initiatives", "PepsiCo's Journey Toward an Ethical and Socially Responsible Culture", "YMCA, PepsiCo Join Forces to Promote a Healthier America", "The Pepsi Refresh Project: A Thirst for Change", "Pepsi's Refresh Everything Vs. Coke's Live Positively: Which Soda Wins The War? To be part of a progressive company that's transforming into a global digital leader. Ramon Laguarta has been the chief executive of PepsiCo since 2018. The PepsiCo Foundation has invested more than $55 million in safe water access programs, leveraging approximately $740 million in additional funding from other donors. Providing 100 million people safe water access by 2030 (baseline year 2006). [62] PepsiCo and its combined subsidiaries employed approximately 263,000 people worldwide as of December 2015. Find salaries. We are now the leading manufacturer of savory snacks, hot cereals and juices in the Europe sector and the second-largest producer of carbonated soft drinks and dairy.Our Europe team is committed to excellence, innovation and meeting consumer needs, and our commitment to sustainability is at the heart of our business from the crops we grow through to our manufacturing operations and the packaging of our brands. [42], In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for US$3.85 billion. PepsiCo Beverages North America (PBNA), a division of PepsiCo, Inc., announced last week that it has acquired nearly 152 acres of land at the . PepsiCorps enables PepsiCo employees to address societal challenges by volunteering in communities around the world. Africa, Middle East & South Asia India Pakistan Saudi Arabia. The largest and most recent acquisition was Pioneer Foods in 2020 for US$1.7 billion[3] and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998. The company's headquarters were relocated to the present location of Purchase, New York in 1970,[10] and in 1986 PepsiCo was reincorporated in the state of North Carolina. The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. [60], PepsiCo's product mix as of 2015 (based on worldwide net revenue) consists of 53 percent foods, and 47 percent beverages. This means we look to reduce our freshwater footprint and identify reuse opportunities for treating process water within our own operations and those of our third-party manufacturers, particularly in high water-risk areas. PepsiCo acquires Walker Crisps and Smiths Crisps, two of the U.K.'s leading snack foods. Bring your courage, confidence and can-do attitude. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Bring the heat to chilly days with spicy snacks from @SunChips, @Sabra + more! [112][113] in which individuals submit and vote on charitable and nonprofit collaborations. Tropicana introduces Trop50, featuring 50% less sugar and calories, with no artificial sweeteners. PepsiCo gives back to service members and their families by offering community, mental wellness resources and the opportunity to self-identify. . PepsiCo was formed in 1965 with the merger of the . As of January 2021, the company possesses 23 brands that have over US$1 billion in sales annually. 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 . [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. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. Advocating for and contributing to a measurable improvement in the health of high water-risk watersheds where we directly source our crops, including an improvement in water-use efficiency of 15% (by 2025, measured versus a 2015 baseline). ", "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? The acquisition of CytoSport, a leading provider of protein products including Muscle Milk, EVOLVE and CytoMilk, further differentiates PepsiCo's portfolio of options. Pepsi Bottling Ventures is a major force in the soft drink industry. The brand will go on to make a name for itself with edgy, innovative ads. For more information about the Quaker Foods North America products visit: www.quakeroats.com, www.capncrunch.com, www.pearlmillingcompany.com, www.ricearoni.com, and www.neareast.com. [67] As of 2010, its partnerships include: Starbucks (Frappuccino, DoubleShot, and Iced Coffee), Unilever's Lipton brand (Lipton Brisk and Lipton Iced Tea), and Dole (licensed juices and drinks). The Quaker Oats Company merged with PepsiCo in 2001. These locations span five continents and 16 countries and account for more than a quarter of our company-owned production. PepsiCo's water strategy applies to the entire organization, including all companies, entities or groups over which operational control is exercised. Were thrilled to call Denver, a city that shares so many of our values, home to PepsiCos most sustainable US plant location, said Johannes Evenblij, president of PBNAs West Division. ), in which she sought to encourage healthier food options in public schools, improved food nutrition labeling, and increased physical activity for children. [67], PepsiCo's European presence expanded in Russia in 2009 as the company announced a US$1B investment,[79] and with its acquisition of Russian juice and dairy product brand Wimm-Bill-Dann Foods in December 2010 and Lebedyansky juice producer in March 2008. [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. Learn more about your rights on our Privacy Policy page. Our approach to improving operational water-use efficiency is multi-faceted and aims to capture efficiencies through initiatives such as our Resource Conservation (ReCon) program which identifies and shares operational efficiency best practices across our locations globally. . We expect that future water dependency in our company-owned and third-party manufacturing operations will change with improvements in both operational and agricultural water-use efficiency and water availability. In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. PepsiCo's new food manufacturing plant in Wuhan, China was opened in July 2012. On August 20, 2018, PepsiCo announced that it had entered into agreement to acquire SodaStream. Sign in. Doritos fans choose the winner. "[128] According to the company's 2009 corporate citizenship report,[130] as well as media reports at the time,[131] the company (in 2009) replenished nearly six billion liters of water within India, exceeding the aggregate water intake of approximately five billion liters by PepsiCo's India manufacturing facilities. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. On October 1, 2006, former Chief Financial Officer and President Indra Nooyi replaced Steve Reinemund as chief executive officer. [45][46], In August 2022, PepsiCo acquired a $550 million stake in the energy drink maker Celsius. Cold drinks - Pepsi - Cola, carbonated cold drink in in 2 and 1/2, 1, 1/2 liters pack and 200 ml pack Loft restaurants and candy stores were spun off at this time. 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]. Our Design & Innovation teams strive to bring excitement, refreshment and fun to people through our brands and experiences. Annual Reports & Proxy Information. Rafael Obligado 1221, pavilion 4, floor 2 - Costa . As the result of a more recent focus on such efforts, "critics consider (PepsiCo) to be perhaps the most proactive and progressive of the food companies", according to former New York Times food industry writer Melanie Warner in 2010. The dispensers are currently being trialed in large corporate offices and universities. We request use of anonymized data to improve your experience on our site. 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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. 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. Sierra Mist lemon-lime soda launches in U.S. Frito-Lay opens first environmentally responsible, certified "green" distribution center in Rochester, N.Y. Indra Nooyi named chairman and chief executive officer of PepsiCo, succeeding Steve S. Reinemund. [139] PepsiCo denied the allegations, and India's health ministry has also dismissed the allegationsboth questioning the accuracy of the data compiled by the CSE, as it was tested by its own internal laboratories without being verified by outside peer review. About your rights on our Privacy Policy page visit: www.quakeroats.com,,. The food and beverage News former chief Financial Officer and President Indra Nooyi replaced Steve Reinemund as chief Officer... Is a major force in the energy drink maker Celsius PepsiCo since 2018, China opened. Offering community, mental wellness resources and the opportunity to self-identify, no... & Innovation teams strive to bring excitement, refreshment and fun to people through our and! Have developed a robust water risk assessment process that leverages multiple data sets local! 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