UPS Hires PepsiCo’s Brian Newman as CFO
“It is clearly a pivot for [UPS] to bring in new blood and new talent at a crucial time for the company."
PepsiCo to Buy South Africa’s Pioneer Foods for $1.7B
The U.S. multinational is looking to boost its overseas operations by taking over a key African food and beverage distributor.
Yum Brands Names PepsiCo’s Chris Turner CFO
“We are confident that Chris’ commercial experience with iconic consumer-oriented companies ... will prove instrumental as we drive global growth."
PepsiCo Shares Hit Record on Earnings Beat
The firm's CEO cites progress on "our ambitious agenda to invest to build capabilities, strengthen our brands, and add capacity to grow."
Keurig Dr Pepper to Buy Core Nutrition
Keurig Dr Pepper said it expects the transaction to be neutral to the company's adjusted diluted earnings per share in 2019 and accretive thereafter.
PepsiCo to Buy SodaStream for $3.2B
The deal is seen as part of Pepsi’s push into more health-conscious beverage markets.
PepsiCo Beats Earnings Estimates Despite Competition, Cost Increases
The company said it would increase marketing behind a few key beverage brands.
Investors Push for Climate Risk Disclosure
Companies that haven't made extensive disclosures about their climate risk profile should be prepared for a raft of questions from shareholders.
PepsiCo to Buy Baked-Chip Maker
The deal underscores PepsiCo’s efforts to strengthen its healthy snack portfolio as consumer tastes shift toward products that are less processed.
New Blue Apron CFO is PepsiCo Veteran
Blue Apron is hoping its new CFO, a consumer packaged foods veteran, can help "drive strong and sustainable growth."
PepsiCo Q2 Profit Rises 11%, Beats Estimates
The company benefited from sales of higher-margin healthier foods that appeal to a population with a deepening distaste for soda.