PepsiCo

PepsiCo CEO Ramon Laguarta announced that the company will be expediting its shift towards natural ingredients in response to growing consumer demand and pressure from the White House to eliminate artificial colors from foods. Laguarta revealed during PepsiCo’s first-quarter earnings…

Shareholder resolution season is in full swing, with a focus on packaging usage by CPG, food service, and hotel companies. Proposals targeting plastic packaging, flexible packaging, and reusable packaging have been submitted, with some already approved for potential voting. Flexibles…

PepsiCo Appoints Mark Kirkham as CMO of U.S. Beverages PepsiCo has announced the appointment of Mark Kirkham as the Chief Marketing Officer of U.S. beverages, effective April 7. Kirkham, who brings over 14 years of experience at the company, will…

PepsiCo Acquires Poppi in Shift Towards Healthier Beverages PepsiCo, known for its sugary carbonated drinks, has made a significant move in the soda category by acquiring Poppi, a brand that focuses on functional ingredients and lower sugar content. This purchase…

Welcome Stacy Taffet, Hershey’s New Chief Growth Officer Exciting news from Hershey as they announce the appointment of Stacy Taffet as their new Chief Growth Officer. Taffet, a seasoned veteran from PepsiCo, will be taking on the responsibility of overseeing…

Key Points: Celsius has experienced significant revenue growth, reaching $1.4 billion in 2024. The company has appointed Eric Hanson as its new COO to drive further expansion. Hanson’s background at PepsiCo and experience in the energy drink industry make him…

Frito-Lay Plant Closure in Liberty, New York to Result in Layoffs Frito-Lay, a subsidiary of PepsiCo, is set to close its facility in Liberty, New York this spring, leading to the layoff of all 287 workers. The closure is part…

Key Points: PepsiCo is shifting its focus towards catering to consumers seeking value and expanding its healthier snack options to drive growth in its snacks business. CEO Ramon Laguarta emphasized the importance of value in consumer decision-making and announced plans…

Summary: PepsiCo is facing a lawsuit from the Federal Trade Commission for allegedly providing unfair pricing advantages to a big box retailer, resulting in higher prices for consumers. The FTC claims that PepsiCo’s actions disadvantaged competing retailers by offering key…

Hershey announced that Michael Del Pozzo, the president of its U.S. confections business, will be leaving the company on December 12th to take on a new leadership role at PepsiCo. During his time at Hershey, Del Pozzo oversaw brands such…