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All about
PepsiCo
PepsiCo, Inc. is an American multinational food, snack
and beverage corporation
headquartered in Harrison, New York, in the
hamlet of Purchase. PepsiCo has
interests in the manufacturing, marketing, and distribution of grain-based
snack foods, beverages, and other products. PepsiCo was formed in 1965 with the
merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake
product Pepsi to a broader range of food and beverage brands, the
largest of which included an acquisition of Tropicana Products in 1998
and the Quaker Oats Company in
2001, which added the Gatorade brand to its portfolio.As of
January 26, 2012, 22 of PepsiCo's brands generated retail sales of more than
$1 billion, and the company's products were distributed across more than
200 countries, resulting in annual net revenues of $43.3 billion. Based on net revenue,
PepsiCo is the second largest food and beverage business in the world, behind Nestlé. Within North America, PepsiCo is the largest food and
beverage business by net revenue. Ramon Laguarta has been the chief executive of PepsiCo since
2018. The company's beverage distribution and bottling is conducted by PepsiCo
as well as by licensed bottlers in certain regions.
The
soft drink Pepsi was developed by Caleb Bradham, a pharmacist and businessman from Duplin County, North Carolina.
He coined the name "Pepsi-Cola" in 1898 while marketing the drink
from his pharmacy in New Bern, North Carolina.
As his drink gained popularity, Bradham founded the Pepsi-Cola Company in 1902
and registered a patent for his recipe in 1903. The company was incorporated in
Delaware in 1919. Bradham's company experienced years of success leading up to World War I. However, sugar rationing during the war and a
volatile sugar market in the war's aftermath damaged the company's financial
health to such a degree that in 1923, Bradham declared bankruptcy and returned to running pharmacies in North
Carolina.
On June 8, 1923 the company trademark and secret recipe were purchased
by Craven Holding Corporation. In 1931, Roy Megargel, a Wall Street broker,
purchased the Pepsi trademark, business, and goodwill from Craven Holding in
association with Charles Guth. Guth was also the president
of Loft, Incorporated, a
leading candy manufacturer based in Long Island City, New York. Loft ran a
network with 115 stores across the Mid Atlantic at the time of Guth's
acquisition. Guth used Loft's labs and chemists to reformulate the Pepsi syrup
recipe, and he used his position as president of the company to replace Coca-Cola with Pepsi Cola at Loft's shops and restaurants.
Guth also used Loft resources to promote Pepsi, and moved the soda company to a
location close by Loft's own facilities in New York City. In 1935, the
shareholders of Loft sued Guth for his 91% stake of Pepsi-Cola Company in the
landmark case Guth v. Loft Inc. Loft
won the suit and on May 29, 1941 formally absorbed Pepsi into Loft, which was
then re-branded as Pepsi-Cola Company that same year. Loft restaurants and
candy stores were spun off at this time.
PepsiCo Careers |
Latest Job Vacancy Recruitment in PEPSI
Pepsico
Careers Health & Insurance Benefits
Long-term
Disability Insurance
Temporary
Disability Insurance
Severance Pay
Supplemental
Unemployment
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Accidental Death
& Dismemberment Insurance
Prepaid Legal
Latest Jobs in
Pepsico Company in India | Pepsico Careers Opportunities 2020
Job
Title
Sales Customer Service
Coordinator
Sales Operation Supervisor
Data Entry Clerk
Salesman
Sales Operation Supervisor
Store Clerk
Maintenance Technician
Sales Customer Service
Coordinator
Sales Supervisor
Export Specialist
Merchandiser
Dispatcher
Automation Supervisor
Utilities Supervisor
Reliability Manager
Architect, Global Data
Analytics Delivery
Sr Manager- Development &
Delivery- Env Management
Architect, Data Governance
Lead
Company
Name:- PepsiCo
Job
Location:-Across UAE
Nationality:-Selective
Experience:-Mandatory
Education:-Equivalent
Degree
Salary
Range:-Depending Upon Position
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