PepsiCo

Type: Public
Founded: 1965
Headquarters: Purchase, New York, USA
Key people: Indra Nooyi, Chairwoman, President & CEO
Industry: Food and beverage
Products: Pepsi, Tropicana Products, Gatorade, Lay's, Doritos, Frappuccino (for Starbucks), Mountain Dew
Website: http://www.pepsico.com

General Information

PepsiCo, Incorporated (NYSE: PEP) is a global American beverage and snack company. The company manufactures, markets and sells a variety of carbonated and non-carbonated beverages, as well as salty, sweet and grain-based snacks, and other foods. Besides the Pepsi-Cola brands (including Mountain Dew), the company manufactures Quaker Oats, Gatorade, Frito-Lay, SoBe, and Tropicana. In many ways, PepsiCo differs from its competitor, The Coca-Cola Company, having almost three times as many employees and larger revenues (See comparison at Yahoo Finance). The company formed for distribution and bottling is The Pepsi Bottling Group (NYSE: PBG). PepsiCo is a SIC 2080 (beverage) company.

Corporate governance

Current members of the board of directors of PepsiCo are Indra K Nooyi C.E.O., Robert E. Allen, Dina Dublon, Victor Dzau, Ray Hunt, Alberto Ibargüen, Arthur Martinez, Steven Reinemund, Sharon Rockefeller, James Schiro, Franklin Thomas, Cynthia Trudell, and River King.

On October 1, 2006, former Chief Financial Officer and President Indra Krishnamurthy Nooyi replaced Steve Reinemund as chief executive officer. Nooyi remains the corporation's president, and became Chairman of the Board in May 2007.

Mike White is the President of PepsiCo International Division. Some analysts predict after the appointment of Ms. Indra Nooyi, Mike White may choose to leave PepsiCo. The departure is expected by some to be after mid-2007, when White is eligible for a 7-figure payout.

PepsiCo Brands

PepsiCo owns five different billion-dollar brands. These are Pepsi, Tropicana, Frito-Lay, Quaker, and Gatorade. The company owns many other brands as well.

Pepsi, including Pepsi-Cola, Caffeine-Free Pepsi, Diet Pepsi/Pepsi Light, Caffeine-Free Diet Pepsi, Caffeine-Free Pepsi Light, Wild Cherry Pepsi, Pepsi Lime, Pepsi Max, Pepsi Twist and Pepsi ONE.

Other U.S. carbonated soft drinks, including Frawg, Mountain Dew, Mug Root Beer, Sierra Mist and Tropicana Twister Soda

7 Up (international distribution)

Other U.S. beverages, including Aquafina (Flavor Splash, Alive, and Twist/Burst), Dole, Gatorade, Izze, Mountain Dew AMP, Propel Fitness Water, SoBe, Quaker Milk Chillers, Ben & Jerry's MilkShakes, and Tropicana

Beverages marketed outside the U.S.: Alvalle, Concordia, Copella, Evervess, Fiesta, Frui'Vita, Fruko, Kas, Loóza, Manzana Corona, Manzanita Sol, Mirinda, Paso de los Toros, Radical Fruit, San Carlos, Shani, Teem, Triple Kola, and Yedigun

Frito-Lay brands: Baken-ets, Barcel, Bocabits, Cheese Tris, Cheetos, Chester's, Chizitos, Churrumais, Cracker Jack, Crujitos, Doritos, Fandangos, Fritos, Funyuns, Gamesa, Go Snacks, James' Grandma's Cookies, Hamka's, Lay's, Miss Vickie's, Munchies, Munchos, Nik Naks, Oberto Meat Snacks, Quavers, Rold Gold, Ruffles, Rustler's Meat Sticks, Sabritas, Sabritones, Santitas, Smartfood, The Smith's Snackfood Company, Sonric's, Stacy's Pita Chips, Sun Chips, Tor-tees, Tostitos, Walkers, and Wotsits

Quaker Oats brands: Aunt Jemima, Cap'n Crunch, Coqueiro, Crisp'ums, Cruesli, FrescAvena, King Vitaman, Life, Oatso Simple,Quake, Quisp, Rice-A-Roni, and Spudz