Today Pepsi is one of the world’s most recognizable brands, with its soft drinks sold around the globe.
However, this wasn’t always the case as there have been several parent companies over the years.
Here we take a closer look at who owns Pepsi and how their ownership has changed through modern history – from humble beginnings to global domination.
Get ready for a fascinating history lesson about one of America’s iconic brands.
Who Owns Pepsi?
Despite being a well-known brand that was originally founded in 1898, the company and its ownership can be quite complex.
PepsiCo is a publicly traded company, with shares available on the New York Stock Exchange (NYSE).
The current majority shareholders are institutional investors such as Vanguard Group, BlackRock Inc., and State Street Corporation. These institutional investors own roughly 10 percent of Pepsi’s outstanding shares.
What Companies Does Pepsi Own?
PepsiCo is not just known for its refreshing soda beverages, but for being a major player in the food industry as well.
1. Food Industry
Along with owning the popular snack brand, Frito Lay, PepsiCo also owns a variety of other brands.
Some of which include Sabra (known for their delicious hummus dips) and Quaker Oats (famous for their breakfast oatmeal).
2. Soft Drink Industry
In addition to food, PepsiCo also has a presence in the soft drink industry.
The company owns both Mountain Dew and Sierra Mist, as well as some brands that are exclusive to certain countries such as Mirinda (in Europe).
Despite being widely known for its namesake beverage, PepsiCo’s ownership extends far beyond its soda cans and has a significant presence in many aspects of the food and beverage industry.
3. Other PepsiCo-owned brands
PepsiCo also owns several other brands that are not related to food or drinks.
These include the lifestyle brand, Fruit of the Loom, as well as Gatorade and Tropicana juice brands including Tostitos, Gatorade, Lay’s, and Lipton teas.
When was Pepsi Founded?
Pepsi was actually founded in 1898, making it over 120 years old.
Originally called “Brad’s Drink,” the carbonated concoction was created by Caleb Bradham, a pharmacist from North Carolina.
Over the years, the recipe was refined and the brand name changed to the now-famous “Pepsi-Cola.” It’s amazing to think about how much history is behind something as simple as a can of soda!
Who is the CEO of Pepsi?
Ramon Laguarta is the CEO of Pepsi.
A seasoned executive with extensive experience in the food and beverage industry.
As the company’s top leader, Laguarta is committed to keeping Pepsi at the forefront of innovation and sustainability, while also driving growth and profitability.
With his strategic vision and leadership skills, he is sure to keep Pepsi on top.
What is the Net Worth of Pepsi?
As of 2023, Pepsi’s net worth is estimated to be around $245 billion.
With the company’s success spanning over 100 years, it’s no wonder they’ve amassed such an incredible fortune.
And with its constant innovation and expansion, it’s safe to say that Pepsi shows no signs of slowing down anytime soon.
Where is the Headquarters of Pepsi?
Pepsi’s headquarters is situated in Purchase, New York.
The building itself is an impressive structure, with modern design elements that create a sleek and professional look.
This location is not only the corporate hub for Pepsi, but it also serves as a bustling center for its global operations.
So, if you’re ever in the area, be sure to check out the impressive headquarters which helps keep Pepsi at the top of its game!
What is the Annual Revenue of Pepsi?
Pepsi’s annual revenue for the last 12 months ending June 2023 is $ 22.32 billion.
This staggering number is a testament to the company’s success in creating products that have become so ingrained into our daily lives.
From soda to chips, Pepsi has certainly made its mark in the food and beverage industry. Pepsi is undoubtedly a household name that has been around for decades.
How Many Employees Does Pepsi Have?
PepsiCo has an impressive staff of around 315,000 across the world.
Its employees come from a variety of different backgrounds and cultures, allowing PepsiCo to continually grow and adapt to changing consumer demands.
It’s clear that having such a vast and diverse range of individuals has enabled PepsiCo to become one of the most successful Fortune 500 companies in the world today.
Furthermore, their saleable model allows them to quickly adjust manufacturing processes, distribution networks, and marketing campaigns – something all successful businesses must be able to do.
As PepsiCo continues to grow, it’s exciting to think about the new innovations that could result from its talented workforce.
With these minds working together, there’s no limit to what can be accomplished by this global giant.
What are 5 Interesting Facts About Pepsi?
- Pepsi was originally called “Brad’s Drink” after its creator, Caleb Bradham.
- The iconic Pepsi logo was inspired by the shape of a yin-yang symbol.
- Pepsi is available in over 200 countries and territories around the world.
- Pepsi has released several limited-edition flavors such as pineapple, wild cherry, and ginger lime.
- In its early days, a single bottle of Pepsi cost only 5 cents.
FAQs
What is the Slogan of Pepsi?
Pepsi’s current slogan “Live for Now” has been in use since 2014, replacing the previous one “Refresh Everything.”
Why is Called Pepsi?
Pepsi was named after the digestive enzyme pepsin, which is found in many of its ingredients.
What Was Pepsi Original Name?
Pepsi’s original name was “Brad’s Drink,” which was chosen by its inventor, Caleb Bradham.
How Many Countries Is Pepsi Sold in?
Pepsi is currently sold in over 200 countries and territories around the world.
What is Pepsi Formula?
Pepsi’s formula is a closely guarded secret, but the company does reveal some of its ingredients on its website. This includes high fructose corn syrup, sugar, colorings and flavorings (including brominated vegetable oil), caffeine, citric acid, natural flavors, and carbonated water. SaltH2CO3+2NaHCO3= Na 2CO3+ 2CO2+ 2H20
How Much Sugar is in Pepsi?
A 12-ounce can of Pepsi contains 41 grams of sugar, which is equivalent to 10 teaspoons.
Does Pepsi Have Protein?
No, Pepsi does not contain any protein. It is a sugar-sweetened soda.