Overview
- Founded: August 28, 1965, through the merger of Pepsi-Cola and Frito-Lay.
- Headquarters: Purchase, New York, USA.
- CEO: As of the latest update, PepsiCo’s CEO is Ramon Laguarta. (Please verify as leadership can change.)
- Industry: Food and Beverage
- Employees: Approximately 300,000 (as of recent figures).
Major Brands
PepsiCo's portfolio includes a wide range of well-known brands across snacks, beverages, and other food products:
- Beverages: Pepsi, Mountain Dew, 7UP, Tropicana, Gatorade, Naked Juice, Aquafina.
- Snacks: Lay’s, Doritos, Cheetos, Fritos, Rold Gold, SunChips, Smartfood.
- Foods: Quaker Oats, Aunt Jemima (now Pearl Milling Company), and more.
Financials
- Revenue: PepsiCo is one of the largest food and beverage companies globally, with annual revenues in the range of $80-90 billion.
- Market Capitalization: Market cap varies, often exceeding $200 billion.
Sustainability and Corporate Responsibility
PepsiCo focuses on several key areas:
- Sustainability Goals: Reduction of greenhouse gas emissions, water usage, and packaging waste. The company aims for a positive impact on the environment and communities.
- Health and Wellness: Expanding healthier product options and reformulating existing products to reduce sugar, salt, and fat content.
- Diversity and Inclusion: Promoting a diverse workforce and inclusive workplace practices.
Global Presence
PepsiCo operates in more than 200 countries and territories worldwide, with a significant market presence in North America, Latin America, Europe, and Asia.
Recent Developments
PepsiCo is known for its ongoing innovations in product development and marketing strategies, including new flavor launches, acquisitions of smaller brands, and strategic partnerships. The company also invests in technology and digital transformation to enhance its supply chain and consumer engagement.
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