NEW YORK — PepsiCo Inc announced today that Indra Nooyi would step down as its longtime chief executive officer, handing the reins to company veteran Ramon Laguarta at a time when the beverage maker navigates a challenging global soda market. Laguarta will take over on October 3 and will also join the board, the company
NEW YORK and PURCHASE, N.Y. — The Madison Square Garden Company and PepsiCo today held a special press event to announce a new, multifaceted partnership, making the beverage and food company one of MSG’s official signature marketing partners, beginning Sept. 1, 2018. PepsiCo will become the exclusive non-alcoholic beverage and salty snack partner across various MSG properties,
PURCHASE, N.Y. — PepsiCo, Inc. has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks. The transaction will expand the company’s snacking portfolio and further deliver on its Performance with Purpose vision to offer consumers more positive nutrition options. “For nearly a dozen
PURCHASE, N.Y. — PepsiCo Inc. has set long-term targets for making its food and beverage products healthier and more nutritious. PepsiCO said Monday that the new goals, part of its global sustainability agenda, reflect the latest dietary guidelines of the World Health Organization and other authorities. Plans call for the company to continue to refine
PURCHASE, N.Y. — PepsiCo is helping social media giant Twitter introduce a new advertising product, dubbed Promoted #Stickers. Pepsi said Monday that it will be the exclusive global launch partner for Twitter’s Promoted #Stickers, which marks the largest partnership between the two brands to date and stems from months of collaboration. Promoted #Stickers builds on
PURCHASE, N.Y. — PepsiCo has unveiled aspartame-free Diet Pepsi as a new option for cola fans. “Diet cola drinkers in the U.S. told us they wanted aspartame-free Diet Pepsi, and we’re delivering,” said Seth Kaufman, senior vice president Pepsi and Flavors portfolio, PepsiCo North America Beverages. “We recognize consumer demand is evolving and we’re confident
FRANKLIN, Wis. — Former Kellogg’s and PepsiCo executive Frank Simone has been appointed as vice president of domestic sales at Carma Laboratories Inc., the maker of Carmex lip care products. The company said Wednesday that Simone will be responsible for growing the domestic business for all Carmex brands and products, as well as working with
PURCHASE, N.Y. — The board of directors of PepsiCo Inc. has elected Richard Fisher, the former chief of the Federal Reserve Bank of Dallas, as an independent member. Fisher joins the PepsiCo board effective March 23, the beverage and food giant said. He served as president and chief executive officer of the Dallas Fed from 2005
Many of the boldface names in the retail and consumer products sectors belong to women. Helena Foulkes is president of CVS/pharmacy, the drug chain where Judy Sansone is chief merchant. Kathee Tesija holds the latter position at Target, and Michelle Gloeckler runs Walmart’s consumables business and heads up the company’s U.S. Manufacturing initiative. Delhaize America
