Welcome to our dedicated page for Pepsico news (Ticker: PEP), a resource for investors and traders seeking the latest updates and insights on Pepsico stock.
PepsiCo, Inc. reports developments across a global beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. Recurring news covers brand innovation, Gatorade hydration science, sports and consumer campaigns, supply-chain and go-to-market technology, and updates tied to the company's international operations.
Company announcements also cover dividend actions, annual meeting communications, and PepsiCo Positive initiatives involving renewable energy, fertilizer decarbonization, and broader value-chain sustainability programs. These updates reflect the company's mix of packaged foods, carbonated soft drinks, sports hydration, and other beverage categories sold across global markets.
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PepsiCo, Inc. (NASDAQ: PEP) announced the retirement of Roberto Azevedo, Chief Corporate Affairs Officer, effective June 30, 2023. Azevedo will focus on supporting global initiatives for an inclusive and sustainable economy. He played a key role in enhancing PepsiCo's corporate affairs and the pep+ agenda, fostering public-private partnerships.
Following his retirement, Stephen Kehoe will assume the role of Chief Corporate Affairs Officer and Chairman of the PepsiCo Foundation Board, effective May 1, 2023. Kehoe brings over 30 years of experience in communication and public policy, including prior roles at Visa Inc. and Edelman. He returns to PepsiCo where he previously served as Vice President of Communications in Europe and was part of the global communications team.
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PepsiCo, Inc. (NASDAQ: PEP) will hold its annual shareholders' meeting virtually on May 3, 2023, at 9 a.m. EDT. Shareholders who held shares as of the record date, March 1, 2023, can participate and vote using a 16-digit control number found in their proxy materials. The meeting will be accessible via this link or through PepsiCo’s website. In 2022, PepsiCo reported over $86 billion in net revenue, driven by a diverse portfolio including well-known brands like Lay's and Gatorade. The company aims to be a leader in sustainable food and beverage solutions under its pep+ initiative, focusing on long-term growth and positive change.
Lay's has launched its first Lay's RePlay soccer field in the U.S. at Cesar Chavez Campesino Park in Santa Ana, California, on April 19, 2023. This initiative is part of the global Lay's RePlay program aimed at creating sustainable soccer fields from disposed Lay's chip bags, with the goal of promoting access to soccer for underserved communities. The field will be made from recycled materials and designed for a 10-year lifespan. Soccer legends Mia Hamm and Javier 'Chicharito' Hernández endorsed the project, highlighting its significance for the Hispanic community, which has been heavily impacted by the COVID-19 pandemic. This new field is the sixth globally and builds on previous efforts by Lay's and the UEFA Foundation for Children, positively impacting over 25,000 uses across multiple countries. PepsiCo, the parent company of Lay's, reported over $86 billion in revenue in 2022.