Rob Gehring will assume president, CEO position beginning Jan. 1, 2021
November 12, 2020
Swire Coca-Cola USA, Draper, Utah, announced that Jack Pelo, its president and chief executive officer (CEO) for the past 24 years, will retire at the end of this year. Rob Gehring, currently chief operating officer, will assume the president and CEO role beginning Jan. 1, 2021.
Keurig Dr Pepper (KDP), Burlington, Mass., and Plano, Texas, and The Honickman Companies, Pennsauken, N.J., jointly announced an agreement that allows KDP to sell and distribute key KDP brands in 18 counties serving 17 million people in New York and New Jersey.
Keurig Dr Pepper (KDP), Burlington, Mass., and Plano, Texas, announced that its Snapple and CORE brands are transitioning to bottles made of 100 percent recycled (rPET) plastic. This move will eliminate approximately 46.3 million pounds of virgin plastic used by KDP annually, based on 2019 volumes, the company says.
Sipp Eco Beverage Co. Inc. launched Soft Seltzers, a sparkling beverage line that low in calories and made exclusively with clean, organic ingredients, antioxidants and vitamin C from Camu Camu, natural caffeine from green coffee beans and sweetened with agave nectar, it says.
Black Restaurant Accelerator program powered by $10M grant from PepsiCo Foundation
October 21, 2020
The National Urban League and PepsiCo, Purchase, N.Y., joined forces to create the Black Restaurant Accelerator, which will boost approximately 500 Black-owned businesses over the next five years.
Made for Football Watching campaign brings fans together
October 15, 2020
Pepsi’s Made for Football Watching multi-channel media campaign aimed to connect to fans from all over the world who watch the game from their homes by providing digital interactive features, activities and game-watching supplements to this year’s NFL watch experience.
Company has allocated $447M Green Bonds as of Dec. 31, 2019
October 13, 2020
PepsiCo Inc., Purchase, N.Y., released its 2020 Green Bond Report, which provides an update on the allocation of the use of net proceeds from its first Green Bond, issued in October 2019 for $1 billion. As disclosed at issuance, the Green Bond's net proceeds are to be allocated to investments where PepsiCo believes it can make a lasting impact on priorities within its sustainability agenda, including packaging, decarbonization and water, while advancing several of the UN's Sustainable Development Goals.
When day-to-day life changed throughout the United States in March, beverage market leaders had to step into action to protect their frontline workers while preserving business operations.
MTN DEW Outdoor Grant submissions taking place through Oct. 25
September 25, 2020
To celebrate National Hunting and Fishing Day, MTN DEW, a brand of Purchase, N.Y.-based PepsiCo, announced it is supporting Heartland conservation and outdoor nonprofits with $100,000 in MTN DEW Outdoor Grants.