Mission :
Our mission is to be the world's premier consumer products company focused on convenient foods and beverages. We seek to produce financial rewards to investors even as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity.Vision:
PepsiCo's responsibility is to continually improve all aspects of the world in which we operate – environmental, social, economic – creating a better tomorrow than today.
History:
1965: PepsiCo's Beginnings :
PepsiCo, Inc. was established through the merger of Pepsi-Cola and Frito-Lay. Pepsi-Cola was created in the late 1890s by Caleb Bradham, a New Bern, N.C. pharmacist. Frito-Lay, Inc. was formed by the 1961 merger of the Frito Company, founded by Elmer Doolin in 1932, and the H. W. Lay Company, founded by Herman W. Lay, also in 1932. Herman Lay, former chairman and CEO of Frito-Lay, was chairman of the board of directors of the new company; Donald M. Kendall, former president and CEO of Pepsi-Cola, was president and chief executive officer. The new company reports sales of $510 million and has 19,000 employees. Major products of the new companies are:
Pepsi-Cola Company: Pepsi-Cola (formulated in 1898), Diet Pepsi (1964) and Mountain Dew (introduced by Tip Corporation in 1948).
Frito-Lay, Inc.: Fritos brand corn chips (created by Elmer Doolin in 1932), Lay's brand potato chips (created by Herman W. Lay in 1938), Cheetos brand cheese flavored snacks (1948), Ruffles brand potato chips (1958) and Rold Gold brand pretzels (acquired 1961).
1966:
Doritos brand tortilla chips are introduced. They are destined to become the most popular snack chip in the United States.Pepsi enters Japan and Eastern Europe.
1976:
Pepsi Light, with a distinctive lemon taste, is introduced as an alternative to traditional diet colas.For the first time, Pepsi-Cola becomes the number one cola drink in supermarkets.
1989:
PepsiCo acquires Walkers Crisps and Smith Crisps, two of the United Kingdom's leading snack food companies. PepsiCo enters the top 25 of the Fortune 500 ranking.
1990:
PepsiCo acquires a controlling interest in Gamesa, Mexico's largest cookie company.
PepsiCo signs the largest commercial trade agreement in history with the Soviet Union.
1991:
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 slogan for Diet Pepsi is modified to "You Got the Right One Baby, Uh-Huh!".
1994:
Pepsi-Cola is the first major soft drink maker to begin producing and distributing its product in Vietnam. PepsiCo and Starbucks form the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.
1997:
Frito-Lay announces plans to buy the 104-year-old snack Cracker Jack. Aquafina bottled water is rolled-out nationally. PepsiCo spins off Kentucky Fried Chicken, Pizza Hut and Taco Bell as Tricon Global Restaurants, Inc.
1998:
PepsiCo acquires Tropicana Products from Seagram Company Ltd., the biggest acquisition ever undertaken by PepsiCo. Frito-Lay becomes the snack chip leader in South and Central America as it enters a joint venture with Empreseas Polar SA of Venezuela. The Pepsi-Cola Company celebrates its 100th anniversary
2000:
PepsiCo, Inc. reaches agreement to acquire a majority stake in South Beach Beverage Company, whose highly innovative SoBe brand has made it one of industry's most successful companies.
2007:
PepsiCo introduces Performance with Purpose, making it one of the first contemporary companies to recognize the important interdependence between corporations and society.
PepsiCo and Pepsi Americas jointly acquire Sandora, a leading juice company in Ukraine.
2009:
PepsiCo and Calbee Foods Company announce a strategic alliance to make and sell a wide range of food products in Japan. PepsiCo introduces the first climate-friendly vending machines to the United States.
2012:
Diet Mountain Dew, Brisk and Starbucks ready-to-drink beverages join PepsiCo's portfolio of billion-dollar brands, bringing the total to 22. Pepsi launches reduced-calorie cola innovation Pepsi Next.
PepsiCo announces an agreement with Diamond Star, one of the largest consumer packaged goods distributors in Myanmar, to import, sell and distribute Pepsi-Cola, 7-Up and Mirinda.
2013:
Müller Quaker Dairy, a joint venture between PepsiCo and The Müller Group, open a new state-of-the-art yogurt manufacturing facility in Batavia, New York.
Their Brands:
Pepsi-Cola, Mountain Dew, Lipton, Tropicana, Frito-Lay , Gamesa, Quaker, Sabritas, Marias Gamesa, Cheetos, Doritos, Ruffles, Emperador, Saladitas, Elma Chips, Rosquinhas Mabel, Sabritas and Tostitos, Wimm-Bill-Dann, Marbo, Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina and Tropicana and More.
Brands Acquired:
Gatorade: Acquired in 2001, Mountain Dew: Acquired in 1964, Tropicana: Acquired in 1998, Wimm-Bill-Dann: Acquired in 2011, Marbo: New Line 2010.
Awards and Recognition:
General:
2013: PepsiCo ranked #1 on CoreBrand's list of the Most Respected Companies
2013: PepsiCo ranked #37 among the Top 50 companies on Fortune's 2013 World's Most Admired Companies list. PepsiCo also ranked #3 in the Consumer Food Products industry sub-list
2013: PepsiCo was included in Ethisphere's 2013 World's Most Ethical Companies. 2013 marks PepsiCo's seventh year on this list
2012: PepsiCo ranked #9 on Reputation Institute's America's Most Reputable Companies list. On Reputation Institute's World's Most Reputable Companies list, the company ranked #84.
Best Places to Work / Diversity & Inclusion:
2013: PepsiCo ranked among GIJobs.com's Top 25 Military Friendly Employers for the second consecutive year
2013: PepsiCo ranked #11 on Hispanic Business' 2013 Best Companies for Diversity, up from #18 in 2012
2013: PepsiCo was recognized as a Top Employer in Europe for the third year running by the CRF Institute
2013: PepsiCo was recognized by Working Mother's Best Companies for Multicultural Women
2012: PepsiCo was acknowledged by LATINAStyle magazine as one of its Top 50 companies for Latinas
2012: PepsiCo was selected as one of Black Enterprise's 40 Best Companies for diversity
2012: PepsiCo received a perfect score on Human Rights Campaign's Corporate Equality Index for LGBT employees and their families
2012: PepsiCo was recognized by Best Places to Work's World's Best Multinational Workplaces.
Business Performance:
2012: PepsiCo ranked #2 among the top ten carbonated soft drinks (CSD) companies on Beverage Digest's CSD rankings
2012: PepsiCo ranked #41 on the Fortune 500 list
2012: The Pepsi brand ranked as the #22 Best Global Brand on the Interbrand World's Best Global Brands. Pepsi has been among the top 25 ranked brands since 2003.
Performance with Purpose (Environmental, Talent and Human Sustainability):
2013: PepsiCo was included in the Corporate Responsibility Magazine's 100 Best Corporate Citizens list
2012: PepsiCo was recognized by the Dow Jones Sustainability Index (DJSI) and the Carbon Disclosure Project (CDP). PepsiCo has been named a member of the Dow Jones Sustainability North America Index seven times and the World Index six times
2012: On Newsweek's Green Rankings, PepsiCo ranked within the "Food, Beverage and Tobacco" industry sector #3 in the U.S. and #8 globally
2012: PepsiCo ranked #16 globally among the Hay Group's 2012 Top 20 Best Companies for Leadership
2012: PepsiCo ranked #7 among Chief Executive Magazine's Best Companies for Leaders
2012: PepsiCo was awarded the Stockholm Industry Water Award in recognition of the company's innovative and outstanding water stewardship initiatives.
