PepsiCo will report its first-half results tomorrow. Here just-drinks takes a look at the group’s highs and lows in beverages for the three months to the end of September:
- In July, the group’s CEO Indra Nooyi said the US is seeing a “profound” change in eating and drinking habits, but suggested the media and bloggers are partly to blame for a mistrust of food and drinks producers.
- In an exclusive two-part interview with just-drinks, Dr Mehmood Khan, PepsiCo’s chief scientific officer for global research & development outlined how the company has ramped up its focus on innovation in the past seven years.
- Also in July, company director James Schiro resigned from the firm’s board due to “personal health reasons”.
- In September, Nooyi said she was “deeply disturbed” by reports of abuse by US National Football League players and the game’s administrators’ “mishandling” of the claims.
- In the same month, PepsiCo elected the head of an MIT-affiliated biomedical research centre, David Page, to its board of directors.
- Also in September, the group said it had poached Samsung Electronics executive Luke Mansfield to lead its focus on innovation in the beverage sector.
- Days later, PepsiCo, along with The Coca-Cola Co and Dr Pepper Snapple Group, pledged to reduce beverage calories consumed in the US by one-fifth over the next ten years.
- At the end of September, PepsiCo cut the ribbon on an R&D facility in Dubai to develop new flavours for Middle Eastern consumers.
Stay informed for just £1! *
Subscribe to Just Drinks for unbiased coverage of the global drinks industry, offering insights into the corporate strategies of beverage manufacturers and brands worldwide.
What’s included in your subscription:
- Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
- Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot beverages
- Unrivalled drinks industry comment from leading sector specialists
Ready to stay informed? Subscribe now and gain access to exclusive content.
Have a subscription? Sign in
For further details on subscribing, click here. Need multi-user access? Explore our corporate subscriptions now.
*After your 1-month trial, your subscription will continue at £315 per year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
