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Latest Indra Nooyi Stories

2009-10-05 09:15:00

WASHINGTON, Oct. 5 /PRNewswire-FirstCall/ -- PepsiCo, Inc. (NYSE: PEP), one of the world's largest food and beverage companies, today announced that it will expand its existing efforts to help reduce obesity in the United States by joining the Healthy Weight Commitment Foundation (HWCF). A first-of-its-kind endeavor, the HWCF involves the collaboration of more than 40 members of the food and beverage industry, retailers and diverse non-governmental organizations, with PepsiCo serving in...

2009-08-04 14:14:23

U.S. beverage giant PepsiCo said Tuesday it had agreed to purchase two large bottling firms for $7.8 billion. PepsiCo said it agreed to buy all the outstanding shares it does not already own in The Pepsi Bottling Group Inc. and PepsiAmericas Inc. The terms include an offer of $36.50 a share for Pepsi Bottling Group, and $28.50 a share for PepsiAmericas shares, the company said. Both offers are premiums of around 22 percent above the companies' July 31 closing prices. In a statement, PepsiCo...

2009-06-26 02:00:00

CHONGQING, China, June 26 /PRNewswire-FirstCall/ -- PepsiCo (NYSE: PEP), one of the world's largest food and beverage companies, opened its first overseas "green" plant in China today in the western city of Chongqing as it reiterated plans to invest $1 billion in the country. The state-of-the-art beverage facility is important to the company's ongoing strategy to expand in emerging markets and broaden its portfolio of locally relevant products. PepsiCo plans to fund a variety of major...

2009-04-20 10:18:04

PespiCo said Monday it would reverse its strategy on bottling, offering $6 billion to buy the portions of two bottling companies it does not already own. PepsiCo's Chief Executive Officer Indra Nooyi said the company could improve our competitiveness and our growth prospects, by attempting to take control of Pepsi Bottling Group and PepsiAmericas. The move that would give it control of 80 percent its North American beverage volume, The New York Times reported Monday. In effect, control of its...

2009-03-20 14:33:00

PURCHASE, N.Y., March 20 /PRNewswire-FirstCall/ --In observance of the upcoming 17th anniversary of World Water Day on March 22, PepsiCo (NYSE: PEP) has reaffirmed its commitment to responsible water stewardship though an ambitious agenda of global initiatives. These programs are part of the company's Performance with Purpose vision: delivering shareholder value while leaving a positive imprint on society. "Water is critical to life, and essential to our business," said PepsiCo Chairman and...

2008-12-03 10:17:00

PURCHASE, N.Y., Dec. 3 /PRNewswire-FirstCall/ -- PepsiCo, one of the world's largest food and beverage companies, today announced the appointment of Jill Beraud to the newly created position of chief marketing officer, reporting to Indra Nooyi, PepsiCo chairman and chief executive officer. Beraud comes to PepsiCo after spending the past 13 years at Limited Brands, where she was most recently chief marketing officer of Victoria's Secret. At PepsiCo, Beraud will be responsible for developing...

2008-11-25 22:30:20

The Federal Reserve Bank of New York is looking for a new head since since Tim Geithner was named as President-elect Barack Obama's pick for treasury secretary. The bank's board is preparing to create a search committee to select a candidate for the $398,200-a-year job, The Financial Times reported Tuesday. Among potential candidates being discussed are Kevin Warsh, a Federal Reserve Board governor; William Dudley, executive vice president of the New York Fed's markets group; and Terrence...

2008-11-03 03:00:10

BEIJING, Nov. 3 /PRNewswire-FirstCall/ -- PepsiCo, one of the world's largest food and beverage companies, announced today that it plans to invest U.S. $1 billion in China over the next four years. The investment is part of the company's ongoing strategy to expand in emerging markets and broaden its portfolio of locally-relevant products. "I am delighted to announce that over the next four years we plan to invest $1 billion in our beverage and food businesses here in China," said PepsiCo...

2008-10-02 12:05:00

To: ENVIRONMENTAL EDITORS Contact: Dave DeCecco of PepsiCo, +1-914-253-2655, david.dececco@pepsi.com PURCHASE, N.Y., Oct. 2 /PRNewswire-FirstCall/ -- PepsiCo (NYSE: PEP) announced today that it has made significant progress toward its long-term environmental sustainability goals, which include reducing water consumption by 20 percent, electricity consumption by 20 percent and fuel consumption by 25 percent per unit of production by 2015 compared to 2006. These goals are part of PepsiCos...

2007-12-12 15:00:47

PURCHASE, N.Y., Dec. 12 /PRNewswire-FirstCall/ -- . PepsiCo today announced the appointment of Dr. Mehmood Khan to the newly-created position of chief scientific officer, reporting to Indra Nooyi, chairman and chief executive officer. Dr. Khan brings to PepsiCo over 20 years of experience in the medical and pharmaceutical field. Most recently, he served as president, Takeda Pharmaceuticals Global Research and Development Center. He built Takeda's U.S. medical affairs and global medical...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'