PEPSICO IS ONE OF THE WORLD’S LEADING FOOD AND BEVERAGE COMPANIES SERVING MORE THAN 200 COUNTRIES AND TERRITORIES AROUND THE WORLD
About the Company
In 1965, Donald Kendall, the CEO of Pepsi-Cola, and Herman Lay, the CEO of Frito-Lay, recognized what they called “a marriage made in heaven,” a single company delivering perfectly-salty snacks served alongside the best cola on earth. Their vision led to what quickly became one of the world's leading food and beverage companies: PepsiCo.
For more than 50 years, as tastes, trends and lifestyles have changed, PepsiCo has evolved with them. Our willingness to adapt and grow has transformed our snack and soda company into a collection of global brands including Pepsi and Quaker, Gatorade and Tropicana, Frito-Lay and beyond. Today, PepsiCo is one of the world’s most-respected companies with products sold in more than 200 countries and territories and 22 brands that generate more than $1 billion each in estimated annual retail sales.
PepsiCo is also celebrated for its commitment to doing business the right way, integrating Purpose into our business strategy. In 2019, we adopted a new vision: to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. Winning with Purpose is the next chapter in our purpose agenda and conveys our belief that sustainability can be an even greater contributor to our success in the marketplace.
Our company is made up of six divisions: PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe Sub-Saharan Africa; and Asia, Middle East and North Africa. Each of these divisions has its own unique history and way of doing business.
The roots of PepsiCo Beverages North America (PBNA) go back to 1898, when Caleb Bradham, an entrepreneur from New Bern, North Carolina created Pepsi-Cola and began offering it to his pharmacy customers.
For more information on the PepsiCo Beverages North America portfolio visit: www.PepsiCoBeverageFacts.com.
In 1932, C.E. Doolin entered a small San Antonio cafe and purchased a bag of corn chips. Mr. Doolin learned the corn chips manufacturer was eager to sell his small business, so Mr. Doolin purchased the recipe, began making Fritos corn chips in his mother's kitchen and sold them from his Model T Ford.
That same year, Herman W. Lay began his own potato chip business in Nashville. Not long after, Mr. Lay purchased the manufacturer, and formed the H.W. Lay & Company. The company became one of the largest snack food companies in the Southeast. In 1961, it merged with the Frito Company, becoming Frito-Lay, Inc.
Today, Frito-Lay North America (FLNA) makes some of the most-popular and high-quality snacks in the United States and Canada including Lay’s and Ruffles potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips and branded dips, Santitas tortilla chips, Sun Chips multigrain chips and Fritos corn chips. In addition, FLNA, through a joint venture with Strauss Group makes, markets, distributes and sells Sabra refrigerated dips and spreads.
For more information about Frito-Lay visit: www.FritoLay.com
The Quaker Oats Company was officially formed in 1901 when four American grain pioneers came together to incorporate the now familiar name. Dedicated to making hearty oats delicious and convenient, Quaker has remained a leading brand in oats by developing everything from breakfasts to snacks to tasty recipe ideas.
The Quaker Oats Company merged with PepsiCo in 2001. Today, Quaker Foods North America (QFNA) offers numerous products and choices including hot cereals, cold cereals, snack bars, rice snacks, Real Medleys and more.
In addition to Quaker’s brands, QFNA also makes, markets, distributes and sells cereals, rice, pasta, dairy and products such as Aunt Jemima mixes and syrups, Cap’n Crunch cereal, Life cereal and Rice-A-Roni side dishes.
For more information about Quaker Oats visit: www.quakeroats.com.
Over the course of more than 100 years, PepsiCo's Latin America business has grown to become one of the strongest foods 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. We are widely recognized for the economic growth that we have helped bring to Latin America.
PepsiCo Latin America sells beverages, food and snacks throughout the region employing more than 70,000 employees in 34 countries and generating$7.2 billion dollars in sales. In Latin America, our portfolio includes major global brands such as Pepsi, Quaker, Lays, Gatorade, 7UP, Tropicana, Doritos, Cheetos, SoBe, Ruffles, Mafer and Mirinda, as well as regional and local brands like Toddy, Toddynho, H2OH!, Paso de los Toros, Tortrix and Kero Coco.
PepsiCo's businesses have been operating in markets across Europe Sub-Saharan Africa (ESSA) for more than 80 years, manufacturing and supplying delicious food and beverages which are enjoyed by millions of consumers each day. Our portfolio of snacks, soft drinks, dairy, juices and grains, encompasses world famous brands such as Pepsi, Lay’s, Tropicana and Quaker Oats, alongside our much-loved, local brands including Alvalle soups, Walkers crisps, Copella juice, Duyvis nuts, Agusha baby food and Simba snacks.
Our ESSA team includes more than 50,000 associates, each committed to excellence, innovation and meeting consumer needs. We are now the leading manufacturer of savoury snacks, hot cereals, and juices in the sector and the second-largest producer of carbonated soft drinks and dairy.
Agriculture plays a critical role in our global business; we co-operate with farmers to locally source the highest quality potatoes, oats, corn, apples, nuts and milk. Through PepsiCo’s Sustainable Farming Program, we work closely with farmers around the world to support and pioneer local projects that help ensure the highest quality crops and best yields, while being kind to the environment. We believe our role as a major player in the food and drink industry extends beyond the manufacture and supply of our products, and that we can positively influence the local communities where we operate. We do this through participation in a number of projects and collaborations in our local markets including offering access to nutritious food, empowering women and developing our talent of the future.
PepsiCo Asia, Middle East and North Africa (AMENA) covers four regions; Asia Pacific, Greater China, India, and the Middle East and North Africa region.
Today, PepsiCo AMENA, either independently or in conjunction with third parties, makes, markets, distributes and sells a number of leading snack food brands including Lay’s, Kurkure, Chipsy, Doritos, Cheetos and Smith’s, and many Quaker-branded cereals and snacks. PepsiCo AMENA also makes, markets, distributes and sells beverage concentrates, fountain syrups and finished goods under various beverage brands including Pepsi, Pepsi Max, 7UP, Diet Pepsi, Mirinda, Mountain Dew, Aquafina, Slice and Tropicana.
Frito-Lay introduces Doritos brand tortilla chips, destined to become the most popular tortilla chip in the United States.
Pepsi enters Japan and Eastern Europe.
PepsiCo moves from New York City to its new world headquarters in Purchase, N.Y. The new corporate headquarters features a building by one of America's foremost architects, Edward Durrell Stone (1902-1978), set on a 144-acre campus amid an outdoor sculpture garden.
PepsiCo Chief Executive Officer Donald M. Kendall assumes the position of chairman of the board of directors on the retirement of Herman W. Lay. Lay maintains an active role in the corporation until his death December 6, 1982.
Pepsi-Cola introduces a new, modern looking logo, still featuring the red, white, and blue color scheme adopted in 1943.
Pepsi-Cola becomes the first American consumer product to be produced, marketed and sold in the former Soviet Union.
Pepsi Light, with distinctive lemon taste, is introduced as an alternative to traditional diet colas.
PepsiCo acquires Pizza Hut, Inc.
PepsiCo acquires Taco Bell.
Tostitos brand crispy round tortilla chips are introduced by Frito-Lay.
Pepsi Free and Diet Pepsi Free, the first major brand caffeine-free colas, are introduced.
Inauguration of the first Pepsi-Cola operation in China.
Slice and Diet Slice, soft drinks with fruit juice, are introduced.
The cola war takes "one giant sip for mankind", when a Pepsi "space can" is successfully tested abroad the space shuttle.
PepsiCo is now the largest company in the beverage industry and its products are available in nearly 150 countries and territories.
D.Wayne Calloway becomes Chairman and CEO.
PepsiCo purchases Kentucky Fried Chicken (KFC).
PepsiCo enters India.
PepsiCo acquires Walkers Crisps and Smith Crisps, two of the United Kingdom's leading snack food companies.
PepsiCo acquires a controlling interest in Gamesa, Mexico's largest cookie company.
Pepsi-Cola forms a joint venture with Unilever to develop and market tea-based drinks.
Ray Charles teams up with the Uh-Huh Girls. The sloan for Diet Pepsi is modified to "You Got the Right One Baby, Uh-Huh!"
Aquafina is introduced.
PepsiCo and Starbucks form the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.
PepsiCo introduced Lay's brand potato chips in 20 markets throughout the world.
Roger Enrico becomes Chairman and CEO.
Filming of the world's first commercial in space, Cosmonauts shoot a large blue Pepsi can in orbit outside the MIR space station.
PepsiCo spins off Kentucky Fried Chicken, Pizza Hut and Taco Bell as Tricon Global Restaurants, Inc.
PepsiCo acquires Tropicana Products from Seagram Company Ltd., the biggest acquisition ever undertaken by PepsiCo at the time.
Quaker Oats and Gatorade join PepsiCo
Steven S. Reinemund becomes Chairman and CEO.
Frito-Lay removed trans fat from nearly its entire snack chips portfolio, including Lay's potato chips, Tostitos tortilla chips and Cheetos cheese flavored snacks.
Frito-Lay opens its first "green" distribution center.
Indra Nooyi named CEO of PepsiCo.
PepsiCo acquires Naked Juice, IZZE and Stacy's Pita Chips.
PepsiCo introduces Performance with Purpose, making it one of the first contemporary companies to recognize the important interdependence between corporations and society..
PepsiCo introduces its first climate-friendly vending machines to the United States.
PepsiCo and Calbee Foods Company announce a strategic alliance to make and sell a wide range of food products in Japan.
PepsiCo's first all-electric delivery trucks hit the road.
PepsiCo completed the acquisition of The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc., its two largest anchor bottlers.
PepsiCo increases its strong presence in Russia with the acquisition of Wimm-Bill-Dann.
PepsiCo acquires Mabel, a leading producer of cookies, crackers and snacks in Brazil.
Diet Mountain Dew, Brisk and Starbucks ready-to-drink beverages join PepsiCo's portfolio of billion-dollar brands, bringing the total to 22.
PepsiCo received Stockholm Industry Water Award.
Frito-Lay unveils its first compressed natural gas (CNG) fueling station.
PepsiCo introduces Pepsi Spire, a portfolio of innovative fountain beverage dispensers Consumers can create more than 1,000 customized beverages with the touch of a button.
PepsiCo celebrates its 50th anniversary as a combined food and beverage company.
PepsiCo launches 2025 Sustainability Agenda designed to meet changing consumer and societal need.
Suntory and PepsiCo form a joint venture in Thailand.
PepsiCo acquires SodaStream.
Ramon Laguarta becomes CEO.
PepsiCo adopts a new vision: to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose.