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PepsiCo's History Timeline
2008 Milestones
- PepsiCo Honored With 2008 Energy Star Partner of the Year Award
2007 Milestones
- PepsiCo signs Maria Sharapova for International endorsement of Gatorade and Tropicana
- Tropicana launches Tropicana Healthy Heart with Omega-3s, the first national orange juice to include omega-3s
- Ruffles unveils new packaging to reflect its switch to 100% pure sunflower oil
- PepsiCo announces new Diversity & Inclusion Leadership Award inspired by Steve Reinemund
- Mt. Dew and AMP Energy sponsor the Winter X Games
- Aquafina launches Aquafina Alive—a low calorie, vitamin-enhanced water beverage
- Quaker Oats debuts new Quaker Life Chocolate Oat Crunch Cereal
- Flat Earth Fruit and Vegetable Crisps hit stores nationally
- Fritos Corn Chips celebrates 75th Anniversary with retro packaging
- Near East celebrates its 45th Anniversary with a recipe contest
- Tropicana launches Tropicana Fruit Squeeze, a 20-calorie drink with real
Tropicana fruit juice
- Lay’s launches ‘Share the Joy’ program to help the Make a Wish Foundation
raise funds
- Pepsi-Cola North America launches Diet Pepsi MAX
- Oh Boy! Oberto brand debuts 100-calorie Jerky Bites in original beef and
teriyaki turkey flavors
- IZZE Launches IZZE Esque, a low-calorie, nothing artificial beverage in
three flavors: Sparkling Mandarin, Sparkling Black Raspberry and Sparkling
Limon.
- Propel unveils new ‘Fit Has a Feeling’ campaign and New Powder Packets for
On-The-Go
- New Quaker Mini Delights launches offering great taste and portion control
in a satisfying serving of mini snack cakes
- Diet Pepsi Jazz introduces new Caramel Cream flavor
- Grandma’s Cookies offering limited-edition flavors for spring: Iced Lemon
and Sugar flavors
- PepsiCo launches Smart Spot Dance! Initiative with celebrities Mario Lopez
and LaChanze to help African American and Hispanic families lead healthier,
more active lifestyles
- Walkers is the first major food brand in the world to display a carbon
footprint reduction logo on its packs
- SoBe Beverages launches SoBe Essential Energy
- PepsiCo Announces 25% Dividend Increase and Raises Share Repurchase
Target; Nooyi Assumes Chairman Title
- EPA Names PepsiCo 2007 ENERGY STAR(R) Partner of the Year
- PepsiCo Makes Largest Corporate Purchase of Renewable Energy Certificates
- Pepsi launches “Design Our Pepsi Can” National Promotion
- Tropicana unveils New Organic Line – Tropicana Organic
- QTG facility earns an Energy and Environmental Design (LEED) “Gold”
certification from the U.S. Green Building Council
- PCNA and Frito-Lay launch “Shrek the Third” National Summer Promotion
- Indra Nooyi receives the Outstanding American by Choice Award
- PepsiCo makes Fortune magazine’s ‘100 Best MBA Employers’ list
- Diet Pepsi Launches New Look, New Ad Campaign and New Attitude – Diet Pepsi's "More Cola Taste"
- Pepsi, Diet Pepsi and Mountain Dew topped the 2007 Brand Keys Customer Loyalty Engagement Index which tracks consumers’ relationships with brands
- PepsiCo joins U.S. Climate Action Partnership as part of its commitment to sustainability
- Lipton introduces Lipton PureLeaf
- EPA Honors Frito-Lay’s Jonesboro facility for its sustainability efforts to conserve energy and resources
- Cold Stone Creamery and Mountain Dew Join Forces to Introduce Dew Iced
- Mountain Dew Unveils unique, limited edition aluminum bottles
- Tostitos introduce Flour Tortilla Chips and two new Dairy Dips Nationwide
- PepsiCo named a 2007 Working Mother ‘Best Company for Multicultural Women’
- PepsiCo wins two awards –Best Environmental/Wildlife Campaign and Best Cause Marketing Event -- at Fifth Annual Cause Marketing Halo Awards
- Frito-Lay teams up with the Make-A-Wish Foundation to help children with life-threatening diseases
- Dunkin’ Donuts launches SoBe Energy Coolatta
- Pepsi wins Webby Award for its execution of the "Best Sports Website"
- PepsiCo and Pepsi Americas, Inc jointly acquire Sandora, a Leading Juice Company in Ukraine
- PepsiCo earns spot in Black Enterprise Magazine’s ‘40 Best Companies for Diversity’
- Lay’s and Doritos Campaigns win Top PR Awards
- Doritos ‘Crash the Super Bowl’ program Wins International Advertising Award at the International Advertising Festival
2006 Milestones
- Quaker Snacks Unveils Breakfast Cookies
- Doritos unveils new packaging, including an updated logo
- PepsiCo Launches Pepsi Limon in Peru
- PepsiCo Completes Acquisition of Stacy's Pita Chip Company
- Tropicana Now Offering OJ with Benecol
- PepsiCo Foodservice Partners With Cracker Barrel to Serve Up Fritos-Branded Menu Item
- PepsiCo Foodservice Pours Two New Account Wins: Famous Dave's of America and Roundtable Pizza
- Pepsi Celebrates 20th Consecutive Super Bowl With New Diet Pepsi Campaign
- North American Coffee Partnership Launches New Starbucks Beverages, Starbucks Iced Coffee, Starbucks Iced Coffee Light as well as Strawberries and Creme Frappuccino and Starbucks DoubleShot Light
- PepsiCo India re-launches Mirinda
- SoBe Launches New SoBe Life Water
- Cheetos kicks off the biggest marketing campaign in its history with
"Undercover Chester," an integrated communications platform that asks consumers
to help Chester Cheetah recover the stolen recipe for Cheetos
- In selected cities cross the United States, Pepsi distributes more than
three million free cans of newly reformulated Diet Mountain Dew, marking the
largest single-day sampling effort in company history
- Frito-Lay announces the launch of a new line of snack chips called Lay's
Sensations and Tostitos Sensations
- Frito-Lay launches Tostitos Multigrain; new snack brings flavor of four
wholesome grains to one of America's favorite tortilla chips
- Sam's Club teams with Aquafina to "Return the Warmth" to local communities
through a national large-scale recycling program. The 50 communities to collect
the most Aquafina bottles and deposit them at designated collection locations
receive a $1,000 grant from Sam's Club in addition to an assortment of fleece
jackets made from recycled plastic bottle material
- Lay's Introduces Hot 'n Spicy KC Masterpiece BBQ Potato Chips
- Grammy award winning artist Mariah Carey writes and records original
ringtones for the Pepsi Cool Tones & Motorola Phones promotion.
- Rice-A-Roni introduces a new line of whole-grain side dishes
- Pepsi Joins Bipartisan Alliance, Adopts New School Policy to Promote
Healthier Lifestyles for Elementary, Middle and High School Students
- Frito-Lay cuts saturated fat in Lay's, Ruffles by more than 50% with move to
NuSun™ Sunflower Oil
- Pepsi unveils new Dole Sparklers and Sierra Mist Cranberry Splash
- PepsiCo announces that it will be the official, exclusive food and beverage
partner of the highly anticipated Superman Returns film
- Starbucks and PepsiCo sign a distribution agreement for Ethos Water
- PepsiCo, the National Hockey League (NHL) and the National Hockey League
Players' Association (NHLPA ) sign an exclusive multi-year beverage and snack
deal
- PepsiCo, National Hockey League and National Hockey League Players
Association sign multi-year deal, giving PepsiCo exclusive rights in the
beverage, sports beverage, bottled water and snack categories. With this deal,
Gatorade becomes the official sports drink of NHL
- PepsiCo Mexico celebrates the official launch of the ‘Vive Saludable’
program illustrating their commitment to promote healthy lifestyles for
consumers and employees and together help reduce the risk of nutrition-related
health problems, including obesity
- Diet Pepsi launches Jazz, a new line of zero-calorie colas available in rich
flavors like Black Cherry French Vanilla and Strawberries & Cream
- PepsiCo introduces Ben & Jerry’s Milkshakes, a rich, creamy drinkable treat
in three classic flavors--Cherry Garcia, Chunky Monkey and Chocolate Fudge
Brownie
- Tropicana debuts Tropicana Pure--a new line of 100% premium juices
- PepsiCo is added to the Dow Jones Sustainability North America Index (DJSI)
- Quaker Oats debuts its new Quaker Oatmeal Crunch, warm oatmeal with the
crunchy texture of cold cereal.
- Indra Nooyi named Chief Executive Officer of PepsiCo as of October 1, 2006
- Frito-Lay debuts action cups
- Frito-Lay kicks of its nationwide rollout of Lay’s with 100% Pure Sunflower
Oil
- Pepsi acquires IZZE beverage company
- Arby’s names Pepsi-Cola as its Food and Beverage Supplier Award winner
- Golden Corral restaurants and Pepsi announce a multi-year agreement making
Pepsi the chain’s preferred beverage supplier in all locations
- Grandmas Cookies releases 2 limited-edition ‘fall favorites’ flavors—Spiced
Molasses and Fall Fudge Chip
- Cold Stone Creamery announces a multi-year agreement making Pepsi its
exclusive beverage supplier
- Frito-Lay North America signed agreement with the Alliance for a Healthier
Generation for a new policy for selling our foods in schools
- Frito-Lay launches new Baked!Tostitos Scoops! Tortilla chips, with lower
calorie and lower fat benefits
- Pepsi signs 5-year sponsorship renewal with Major League Baseball Properties
making Pepsi the “Official Soft Drink of Major League Baseball”
- PBSG Parkwood and Frito-Lay headquarters associates raise more than $1.8 million dollars in the American Heart Association Walk
- PepsiCo announced intent to acquire Naked Juice Company
- Federal Trade Commission clears PepsiCo for Naked Juice Co. purchase
- PepsiCo announces it will acquire New Zealand snack company Bluebird Foods
2005 Milestones
- Frito-Lay introduces Doritos Black Pepper Jack
- Diet Sierra Mist becomes Sierra Mist Free.
- SoBe Launches Sugar-Free No Fear.
- PepsiCo launches "Smart Spot" symbol in Canada
- Tropicana Teams With Weight Watchers to Offer Tropicana Light ‘n Healthy as Part of 'Points' Program
- Pepsi Lime and Diet Pepsi Lime Launch
- Tropicana Twister Soda Launched in April
- The Fuddruckers restaurant chain signed a 7-year, 5.6 million gallon agreement with Pepsi-Cola North America to serve Pepsi products.
- Pepsi-Lipton Tea Partnership Announces New Lipton Original Iced Tea and New Lipton Iced Tea; Reformulated Ready-to-Drink Teas Hit Store Shelves
- Pepsi-Cola North America adds to its portfolio of Dole 100% juices – Ruby Red Grapefruit – as well as a new line of 50% juice beverages called Dole Lights.
- Gatorade introduces Gatorade Endurance Formula
- Pepsi-Cola North America announced it will add Splenda® brand sweetener to a newly reformulated Pepsi ONE, creating a full-flavor cola taste with only one calorie.
- Frito-Lay Brings Wasabi Funyuns to Continental United States
- Quaker snack bars re-launched with new branding, packaging and advertising
- PepsiCo Celebrates 40th Anniversary
- PepsiCo International announced the appointment of Pioneer Foods, a leading South African food and beverage company, as its franchisee in the Republic of South Africa.
- Tropicana has launched 'Tropicana Sensations', a new line of premium fruit juices in Spain
- PepsiCo launches Quaker Milk Chillers
- Gatorade Partners with NFL to Educate High School Football Coaches on Proper Hydration During Practice
- Pepsi-Cola North America Launches Mountain Dew Pitch Black II
- Quaker Introduces Weight Control Instant Oatmeal
- Diet Pepsi Presents the NFL Rookie Challenge -- Winner Receives Superbowl Tickets for Life
- Tropicana Launches All Fruit Smoothies
- Pepsi is chosen as the exclusive beverage provider for Soup Kitchen International, Inc. and The Original SoupMan
- PepsiCo Donates $2 Million to Pakistan Earthquake Victims
- PepsiCo Launches New Samba Drink in Australia
- Pepsi-Cola North America Launches MDX Energy Soda
- Pepsi Partners with Harvey's, Swiss Chalet and Milestone's Restaurants
- PepsiCo "Twistos" Croutons Launched in Russia
- Gatorade Launches Propel Calcium - First Calcium-Enriched Fitness Water
- Frito-Lay Launches Quaker Oats in India
- Walkers to Launch New Beef Jerky Product in the U.K. under its Nobby's brand
- PepsiCo Health & Wellness Launches Everyday Smart Moves Magazine
- PepsiCo, Cindy Crawford and KaBOOM Build First Smart Spot Playground in Washington, D.C.
- Pepsi Latte Launches in Thailand
- Tropicana FruitWise Campaign Launches
- Mountain Dew Sponsored ESPN X Games Debut in the Middle East
- PepsiCo Launches Pepsi Cappuccino in Romania
- Quaker Launches Vanilla Yogurt Crunch Cereal
- Britvic Launches Pepsi Max Cino
2004 Milestones
- PepsiCo Launches ‘HealthRoads’ Wellness Benefit for Associates and Their Families
- PepsiCo’s new “Smart Spot” program is featured as an example of the food industry’s focus on health and wellness in today’s edition of USA Today.
- Frito-Lay Launches Doritos and Cheetos Halloween Treat Multi-Sacks
- Frito-Lay’s 24-count Multi-Sack variety pack won the Institute of Packaging Professional's (IoPP) Integrity Award, one of the industry’s top awards, at this year’s AmeriStar Packaging Awards.
- Frito-Lay Introduces Doritos Black Pepper Jack
- Diet Sierra Mist Becomes Sierra Mist Free
- Pepsi Bottling Group (PBG) – PepsiCo’s biggest bottler bought Phil Gaudreault et Fils Ltee, a Quebec-based Pepsi bottler.
- SoBe Launches Sugar-Free No Fear
- PepsiCo Launches 'Smart Spot' Symbol in Canada
- Frito-Lay launches Doritos Edge and Tostitos Edge -- line extensions with 60% fewer carbohydrates.
- Gatorade introduces Gatorade Endurance Hydration Formula-- a specialized sports drink to meet the needs of endurance athletes.
- Frito-Lay introduces Quaker Chewy Cookies & Milk granola bars and Quaker Fruit & Oatmeal cereal bars.
- Frito-Lay Canada eliminates trans fats from chips and launches a line of All Natural and Organic products.
- Pepsi-Cola to launch Pepsi Edge, the first full-flavored cola with 50% less sugar, carbohydrates and calories than regular cola.
- PepsiCo publishes first Corporate Citizenship report in its 2003 Annual Report.
2003 Milestones
- Pepsi-Cola launches Sierra Mist nationally.
- PepsiCo launches "Get Active/Stay Active'' program.
- Quaker Chewy introduces Quaker Chewy Wholesome Favorites and Quaker Chewy Trail Mix.
- Gatorade unveils In-Car Hydration System for NASCAR Drivers.
- SoBe sponsors U.S. Open Snowboarding Championships.
- Pepsi announces plans to launch Mt. Dew LiveWire, an orange drink, this summer.
- Pepsi-Cola signs an exclusive four-year sponsorship deal with the Canadian Hockey Association, making Pepsi the official soft drink.
- Pepsi announces four-year sponsorship agreement with the UK Football Association.
- Frito-Lay announces new line of snacks made with organic ingredients called “Natural Snacks.”
- “Pepsi Stuff” Campaign kicks-off in Canada.
- Frito-Lay finds winner of “Would You Name Your Baby Horton” search celebrating the “re-birth” of its Ruffles brand. The child will receive $50,000 college tuition fund from Frito-Lay.
- PepsiCo creates PepsiCo International, the business that will unite all international snack, beverage and food units in an effort to drive faster growth and improved profitability around the world.
- PepsiCo releases a Spanish-language "Power of One" television commercial starring Puerto Rican singer and actor, Ponce, and Velasquez, Mexican-American singer and actress.
- Pepsi–Cola trademark turns 100 years old.
- Quaker rolls out new Oatmeal Breakfast Squares.
- Pepsi Vanilla is launched in the United States.
- Tropicana introduces Tropicana 100% Juice Blends.
- Pepsi unveils a new tagline: "Pepsi. It's the Cola." It is the brand's first major campaign shift since 1999 and highlights how Pepsi goes with everything from food to fun.
2002 Milestones
- Frito-Lay introduces Go Snacks, canisters that truly go anywhere.
- Gatorade introduces new Gatorade ICE in three flavors- Orange, Lime and Strawberry.
- Tropicana Pure Premium announces sponsorship of Disney's award-winning show The Lion King.
- Tropicana® Pure Premium® introduces 14-oz. single-serve resealable bottle you can take with you for the on-the-go- consumers.
- Diet Pepsi has a new look.
- "Mr. Green," a green-tinted carbonated soft drink with caffeine and ginseng, is launched under SoBe's New Age beverage line in April.
- The North American Coffee Partnership (NACP), a joint venture between Starbucks Coffee Company and PepsiCo, Inc. introduces Starbucks DoubleShot.
- Quaker Oatmeal this year celebrates the 125th anniversary of the nation's number-one-choice for a nutritious, hot breakfast cereal.
- Gatorade turns 35. It was created in 1960s to help performance of Florida Gators football team and now is the leading sport drink.
- New line of Gatorade brand drinks, Xtremo, comes in three new flavors - Mango, Tropical and Citrico.
- PepsiCo and Kenneth Cooper, M.D., M.P.H., of Cooper Concepts Inc. (CCI), a division of the renowned Cooper Aerobics Center in Dallas, TX enter into an agreement to promote nutrition, fitness and wellness.
- Dole Beverages enters chilled orange juice business as it launches five new flavors and packages.
- Aquafina debuts new line of great-tasting enhanced waters. Aquafina Essentials target active, health-conscious adults in four lightly sweetened varieties including B-Power, Calcium+, Daily C and Multi-V in 20-oz. bottles.
- PepsiCo reorganizes to unite all North American beverage operations, including Pepsi-Cola, Tropicana and Gatorade, into one new division -- PepsiCo Beverages and Foods North America.
- PepsiCo announces $5 billion share repurchase program.
- Starbucks unveils white vanilla and coconut crème Frappuccino.
- Tropicana has new ad campaign for Tropicana Pure Premium Healthy Kids - TV spots designed to capture the essence of children's needs.
- Galaxy Nutritional Foods launches Ultra Smoothies made with Tropicana juices.
- PepsiCo publishes Health and Wellness Philosophy. (on pepsico.com)
- Frito-Lay announces it is eliminating trans fats from Doritos, Tostitos, and Cheetos.
- Frito-Lay announces plans to introduce Lay's Reduced Fat chips and Cheetos Reduced Fat snacks.
- Quaker's Nutrition for Women team has developed a Food Guide Pyramid for Women as well as an online nutritional assessment.
- Brand Pepsi has a new look.
- Beyonce Knowles has joined the Pepsi family and will collaborate with Pepsi two new TV commercials, radio, and Internet ads.
- PepsiCo introduces Marathon Kids, a program that encourages kids and their families to be more physically active. The program debuts in Dallas, TX.
- Tropicana introduces a new campaign with the tag line "So pure. So alive. Tropicana Pure Premium."
- Tropicana Pure Premium and Quaker Oatmeal launch the Heart and Soul Mates Support Network featuring nutrition tips, motivational messages and coaching advice, to help consumers turn healthy habits into life-long changes.
2001 Milestones
- Pepsi-Cola Company launches Dole single-serve juices in vending machines, coolers and other retail outlets throughout the United States.
- Pepsi-Cola's flagship brand will have new tagline, "The Joy of Pepsi."
- Tropicana celebrates a company milestone - 300 billion fresh oranges squeezed since the company began making country's first ever mass distributed, not-from-concentrate juice in 1947.
- Tropicana introduces Smoothies. A natural juice-based product, smoothies combine fruit juices and non-fat yogurt into a smooth, filling drink that delivers nutrition, taste and convenience.
- Pepsi-Cola launches the bold new Mountain Dew Code Red nationwide. It is Mountain Dew's first line extension since the introduction of Diet Mountain Dew in 1988.
- May 2 -The Board of Directors of PepsiCo, Inc. elected Steven S Reinemund chairman of the board and chief executive officer, succeeding Roger Enrico who will become vice chairman. The board also elected Indra K. Nooyi as a director and gave her the additional title of president of PepsiCo in addition to CFO.
- Frito-Lay introduces Lay's Bistro Gourmet potato chips.
- Pepsi-Cola Company introduces a "Pepsi Twist." Regular and diet versions of the crisp new cola with lemon are entering retail outlets in selected U.S. markets.
- SLAM, the orange brand Mirinda, is launched in Italy.
- PepsiCo acquires Tasali Foods, Saudi Arabia's leading snack company.
- On August 2, PepsiCo merges with The Quaker Oats Company, creating a $25 billion food and beverage company focused on the rapidly growing consumer demand for convenience.
- Tropicana Pure Premium Low Acid orange juice makes official debut at Tropicana 400.
- Diet Sierra Mist is Introduced.
2000 Milestones
- Pepsi-Cola revives its "Pepsi Challenge" advertising campaign. Challenge includes Pepsi One and Diet Coke as well as regular cola.
- Pepsi-Cola teams up with Yahoo Inc., the biggest web navigation company, in a multimedia marketing campaign aimed at teens and young adults.
- Tropicana, in a joint venture with Galaxy Foods Co., will introduce an icy smoothie soy milk-and-fruit drink, made with juice, fruit puree along with soymilk and soy protein.
- Aquafina brand bottled water becomes the best-selling brand of single-serve bottled water in US retail channels.
- PepsiStuff.com, a web site for merchandise, discounts and digital music files from biggest names in movies, music, video games, apparel and sports is launched in joint promotion with Yahoo.
- Pepsi-Cola launches "Sierra Mist" a caffeine-free, lemon/lime soda.
- The North American Coffee Partnership launched Caramel-flavored bottled Frappuccino Coffee Drink - the sixth flavor addition to its popular line of ready-to-drink coffee.
- PepsiCo, Inc. reaches agreement to acquire a majority stake in South Beach Beverage Company, whose highly innovative SoBe brand has made it one of industry's most successful companies.
- PepsiCo, Inc. and The Quaker Oats Company reached an agreement to merge.
- PepsiCo completes the acquisition of a majority stake in South Beach Beverage Co.
- PepsiCo sales are $20 billion and the company has 125,000 employees at year end.
- PepsiCo launches Diversity@work,
http://www.pepsico.com/diversity website.
1999 Milestones
- Tropicana introduces two new calcium-fortified Pure Premium juices: Pure Premium Grovestand Calcium and Pure Premium Ruby Red Grapefruit Calcium.
- Pepsi launches "The Joy of Cola" advertising campaign.
- In March, The Pepsi Bottling Group, the world's largest Pepsi bottler, begins trading on the New York Stock Exchange. It is listed under the symbol PBG. The $2.3 billion public offering is among the biggest initial public offerings in stock market history.
- Steve Reinemund named president of PepsiCo.
- Hallie Eisenberg "Joy of Cola" commercials named #6 of "Fifty Greatest TV commercials of all time," by TV Guide.
- Lipton introduces Iced Tea Green Tea with Honey and Diet Peach.
- PepsiCo and Suntory Limited signed an agreement to create a joint venture linking bottling networks in North Carolina and New York. The new company, Pepsi Bottling Ventures, will be the third largest bottler in the Pepsi system.
- Tropicana juices are entering the huge India market for the first time. Spearheaded by Tropicana Asia Pacific, orange juice will appear in the New Delhi and Bangalore markets.
- Frito-Lay introduces a new corporate logo.
- Frito-Lay signs agreement with Oberto Sausage to be the exclusive distributor of the natural-style jerky.
1998 Milestones
- Pepsi-Cola introduces two-liter plastic bottle with built-in "grip handle" that makes it easier to grip and pour."
- PepsiCo Chairman and CEO Roger A. Enrico donates his salary to provide scholarships for children of PepsiCo employees.
- Pepsi introduces new look called the "Globe" which prominently features a 3-dimensional Globe against a blue ice backdrop.
- Pepsi-Cola announces breakthrough product: Pepsi One, great-tasting, one-calorie cola is first in United States with newly FDA approved sweetener Sunett®.
- Former Chairman and CEO Wayne Calloway dies on July 9th. He joined PepsiCo in 1967 becoming its Chairman and CEO in 1986.
- PepsiCo acquires Tropicana Products from Seagram Company Ltd., the biggest acquisition ever undertaken by PepsiCo. Tropicana was founded in 1947 by Anthony Rossi. Its major brand is Tropicana Pure Premium Juices.
- The Frito-Lay Company purchases Smith's Snackfood Company in Australia from United Biscuits Holdings, Inc. (Purchase completed on Aug. 26.)
- In November the PepsiCo Board of Directors authorizes the company to convert a significant portion of its $7 billion company-owned bottling operations, The Pepsi Bottling Group (PBG) into public ownership.
- PepsiCo signs groundbreaking 10-year agreement with the YMCA of the USA through which both Pepsi-Cola and Frito-Lay will develop national and local marketing programs to support the organization's many charitable efforts.
- Frito-Lay becomes the snack chip leader in South and Central America as it enters a joint venture with Empreseas Polar SA of Venezuela.
- Frito-Lay acquires Barcel, Chile's second-largest snack company.
- Frito-Lay acquires an expanded state in Tasty Foods Egypt.
- Pepsi and Frito-Lay media buying is consolidated.
- PepsiCo products contribute more than any other packaged goods company to the sales growth in U.S. supermarkets, mass merchandisers and chain drug stores.
- Tropicana Products, Inc. acquires Alimentos del Valle S.A., one of Spain's leading chilled juice and soup companies.
1997 Milestones
- Pepsi-Cola introduces new advertising campaign with the theme "Generation Next."
- Pepsi-Cola North American bottling operations become a separate unit called The Pepsi-Cola Bottling Co.
- National roll-out of Aquafina bottled water.
- Frito-Lay announces plans to buy the 104-year-old snack, Cracker Jack, a candy-coated mix of popcorn and peanuts from Borden Foods Corp.
- Pepsi-Cola kicks off the celebration of its 1998 100th Anniversary with
first worldwide bottlers conference, held in Hawaii. The event is held during
the same time as first bottler's conference.
- Frito-Lay introduces Doritos 3D's Tortilla Chips, a triangle-shaped chip.
1996 Milestones
- Pepsi-Cola launches Pepsi World at http://www.pepsi.com
- "Pepsi Stuff" unveiled. Consumers save points for merchandise.
- PepsiCo stocks splits two-for-one.
- Pepsi-Cola domestic and international operations combined into Pepsi-Cola Company. International and domestic snack food operations combined into one business unit called Frito-Lay Company.
- Mountain Dew launches a massive beeper network called "The Mountain Dew Extreme Network."
- PepsiCo, Inc. and Lucasfilm Ltd. announce the largest promotional alliance in entertainment history, linking existing and future Star Wars series with PepsiCo beverage, snack foods and restaurant brands worldwide.
- Pepsi-Cola and MTV establish a partnership to develop international programming, cross promotions, marketing tie-ins and special events.
- Filming of the world's first commercial in space. Cosmonauts shoot a large blue Pepsi can in orbit outside the MIR Space station.
- International retail sales of Doritos brand tortilla chips exceed $250 million, global expansion nears 20 countries.
- PepsiCo announces plans to spin off its restaurant businesses as an independent publicly-traded company, sell its food distribution company and focus on its core beverage and snack food businesses. The spin-off is completed October 6, 1997. Shareholders receive one share in the new restaurant company, Tricon Global Restaurants, Inc., for every 10 shares they hold in PepsiCo, Inc.
- PepsiCo is now a $20 billion company with approximately 140,000 employees worldwide.
- Pepsi-Cola introduces "Nothing else is a Pepsi" theme line.
- Pepsi-Cola is top ad scorer in Super Bowl.
- Mountain Dew sponsors the Grammy Awards. Theme line is "Been There, Done That, Tried That."
- The Pepsi Lipton Tea Partnership debuts new ad campaign emphasizing "There's only one Original."
- Pepsi-Cola introduces Smooth Moos Smoothies, a line of low-fat dairy shakes.
- Roger Enrico succeeds Wayne Calloway as chief executive officer and chairman of the Board of Directors.
1995 Milestones
- Pepsi-Cola introduces "Nothing else is a Pepsi" theme line.
- Pepsi-Cola is top ad scorer in Super Bowl.
- Mountain Dew sponsors the Grammy Awards. Theme line is "Been There, Done That, Tried That."
- The Pepsi Lipton Tea Partnership debuts new ad campaign emphasizing "There's only one Original."
- Pepsi-Cola introduces Smooth Moos Smoothies, a line of low-fat dairy shakes.
- 7Up International launches 7UP Ice Cola, a new clear cola.
- Frito-Lay aggressively expands its low/no-fat snack segment. Baked Lays is introduced.
- Frito-Lay tests Baked Tostitos, Rold Gold Fat Free Pretzels, Ruffles Reduced Fat Potato Chips and Tostitos fat-free salsas and black bean dip brands. Campaign line is "Taste the fun, not the fat."
- PepsiCo will introduce Lay's brand potato chips in 20 markets throughout the world.
- PepsiCo is on-line at http://www.pepsico.com
1994 Milestones
- Pepsi-Cola is first major soft drink maker to begin producing and distributing its product in Vietnam.
- Pepsi-Cola launches its sports drink All Sport. It is sold in 2001.
- Pepsi-Cola International acquires Indian company, its first big bottling plant in Bombay.
- Doritos is introduced to the United Kingdom, marking the creation of a new "global brand."
- Frito-Lay and K.C. Masterpiece Original Brand Barbecue Sauce launches Lay's Masterpiece brand Barbecue Flavor Potato Chips, marking the first time Lay's has entered into a co-branding agreement.
- PepsiCo and Starbucks form the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.
- Pepsi-Cola licenses the Citrus Hill trademark from The Procter & Gamble Co. to launch a line of fountain juices and drinks.
- China gets cheese-less Cheeotos, the first time a major snack-food brand will be produced in China for Chinese tastes.
- Reba McEntire becomes first celebrity to appear nationally on a Frito-Lay package.
- Frito-Lay nationally launches new baked Rold Gold Fat Free Thins Pretzels, the first fat free reduced sodium pretzel introduced by the company.
- Wake Forest University names its School of Business and Accountancy in honor of Wayne Calloway.
- PepsiCo sales reach $30.4 billion. There are 470,000 employees worldwide, making PepsiCo the third largest employer.
1993 Milestones
- Frito-Lay launches new Doritos brand Tortilla Thins. Within five months of launch, Tortilla Thins breaks into the ranks of the 10 largest-selling snack chips in the U.S.
- After a 27-year absence, Pepsi returns to Broadway with the lighting of a spectacular new neon sign in Times Square.
- Both PepsiCo beverages and snack food operating profits pass the $1 billion mark.
- Pepsi-Cola introduces freshness dating.
- Frito-Lay introduces Baked Tostitos brand Tortilla Chips.
- Pepsi introduces "The Cube," an innovative 24-can multipack, that satisfies growing consumer demand for convenient large size soft drink packaging.
- PepsiCo acquires East Side Mario's Restaurants Inc. It sells the 40 units in 1997.
- PepsiCo acquires D'Angelo Sandwich Shops chain, which is sold in 1997.
- Pepsi-Cola International introduces Pepsi Max, a soft drink with unique blend of sweeteners that delivers maximum cola taste in a no-sugar product.
- Frito-Lay nationally launches Wavy Lay's Original and Au Gratin flavors.
- Pepsi-Cola introduces Aquafina bottled water into test market.
1992 Milestones
- PepsiCo purchases an equity interest in California Pizza Kitchen. It is sold in 1997.
- Pepsi-Cola introduces new "Gotta Have It" advertising theme and launches the "Gotta Have It" card.
- Frito-Lay and General Mills agree to merge snack food businesses in Europe.
- Frito-Lay introduces reformulation of Doritos brand Nacho Cheesier flavored tortilla chips.
- Frito-Lay presents network Lay's/Ruffles advertising -- the first in 10 years.
- Frito-Lay enlists George Foreman for Doritos advertising.
- Pepsi introduces new slogan "Be Young - Have Fun - Drink Pepsi."
- Pepsi-Cola begins distribution of Lipton's line of ready-to-drink teas nationwide.
1991 Milestones
- PepsiCo acquires an equity interest in Wedel SA, the leading manufacturer of chocolate and confectionery in Poland Snacks now include operations in 23 countries.
- Pepsi-Cola introduces a new logo, its eighth in 93 years. Advertising features rap singer MC Hammer.
- Pepsi-Cola forms joint venture with Thomas J. Lipton Co. to develop and market tea-based drinks.
- Frito-Lay launches Sunchips, its first multigrain snack.
- Frito-Lay introduces Chee tos Paws.
- Frito-Lay introduces Tostitos brand Restaurant-Style tortilla chips.
- Ray Charles teams up with the Uh-Huh Girls. The slogan for Diet Pepsi is modified to "You Got The Right One Baby, Uh-Huh!"
- PepsiCo purchases an equity position in Carts of Colorado, Inc., the leading manufacturer and marketer of mobile merchandising equipment. It is sold in 1995.
1990 Milestones
- PepsiCo stock splits three-for-one.
- PepsiCo acquires a controlling interest in Gamesa, Mexico's largest cookie company.
- Frito-Lay advertising for Doritos brand tortilla chips features talk celebrity Jay Leno.
- PepsiCo signs the largest commercial trade agreement in history with the Soviet Union.
- PepsiCo profits exceed $1 billion for the first time.
1989 Milestones
- PepsiCo acquires Walkers Crisps and Smith Crisps, two of the United Kingdom's leading snack food companies.
- PepsiCo acquires Smartfood ready-to-eat popcorn business.
- PepsiCo enters top 25 of Fortune 500 ranking with sales of $15.4 billion, it is number 23. The company has more than 300,000 employees.
1988 Milestones
- Pepsi-Cola International enters a landmark joint venture agreement in India.
- Renewed accord with the Soviet Union extends PepsiCo trade relationships.
- Hostess Frito-Lay, a major new partnership in Canada, is formed with Hostess Foods in Canada.
- "Chase," a four-part Pepsi ad featuring Michael Jackson in his first-ever episodic commercial, airs during the Grammy awards and becomes the most-watched commercial in advertising history.
- Pepsi-Cola runs first paid advertisement on Soviet TV during "Pozner in America," a joint US-Soviet production.
- Worldwide retails sales of Doritos brand tortilla chips hit $1 billion. It is the world's largest selling snack chips brand.
- PepsiCo introduces SharePower Stock Option program for all employees, becoming the first large corporation to award stock options to virtually all full-time employees.
1987 Milestones
- "Mustang," a Diet Pepsi commercial, becomes the first ad ever to appear in a home video cassette. The cassette, "Top Gun," becomes the largest-selling video ever.
- Pepsi sponsors tours of major music stars, including Miami Sound Machine, David Bowie and Tina Turner.
- Frito-Lay pioneers the use of hand-held computers for marketing.
1986 Milestones
- Wayne Calloway becomes chairman of the Board of Directors and chief executive officer in May when Donald M. Kendall retires.
- The corporation is reorganized and decentralized. Beverage operations are combined under PepsiCo Worldwide Beverages; snack food operations are combined under PepsiCo Worldwide Foods.
- Shareholders approve reincorporation of PepsiCo in North Carolina.
- PepsiCo stock splits three-for-one.
- PepsiCo purchases Kentucky Fried Chicken, the leader in the quick service chicken market. KFC was founded by Colonel Harland Sanders. Colonel Sanders began franchising the company in 1952. KFC is spun off along with Pizza Hut and Taco Bell businesses as Tricon Global Restaurants, Inc. in 1997.
- PepsiCo purchases Seven-Up International, the third largest franchise soft
drink operation outside the United States.
- PepsiCo passes $10 billion in sales.
- PepsiCo is listed on the Tokyo stock exchange.
- Chester Cheetah makes his prime-time television debut for Frito-Lay with a fully animated commercial for Cheeotos cheese flavored snacks.
- "Dew it Country Cool, " becomes new slogan for Mountain Dew.
- Diet Pepsi gets a new logo.
- Pepsi-Cola acquires Mug Root Beer.
- Pepsi-Cola sponsors the first Western-produced consumer commercial in the Soviet Union, appearing during the Goodwill Games.
- PepsiCo Board of Directors visits the People's Republic of China to mark the opening of Pepsi's second bottling plant in China.
- Frito-Lay introduces Santitas brand restaurant style tortilla chips.
1985 Milestones
- PepsiCo is now the largest company in the beverage industry. The company has revenues of more than $7.5 billion, more than 137,000 employees.
- Pepsi-Cola products are available in nearly 150 countries and territories around the world. Snack food operations are in 10 international markets.
- Frito-Lay expands into new headquarters in Plano, Texas.
- PepsiCo's first line of sweet snacks, Sonrics, is added in Mexico.
- The cola war takes "one giant sip for mankind," when a Pepsi "space can" is successfully tested aboard the space shuttle.
- Pepsi's successful "Entertainment Marketing" strategy is extended, with singers Lionel Richie and Tina Turner and actor Michael J. Fox, among others.
- Pepsi distributes products in China.
1984 Milestones
- PepsiCo is restructured to focus on its three core businesses: soft drinks, snack foods and restaurants. Transportation and sporting goods businesses are sold.
- Wayne Calloway becomes president of PepsiCo.
- Diet Pepsi is reformulated with 100% NutraSweet.
- Slice and Diet Slice, the first major soft drinks with fruit juice, are introduced.
- Pepsi-Cola makes advertising history as Michael Jackson and his brothers usher in a new generation of Pepsi-Cola advertising in two of the most eagerly-awaited television commercials featuring music marketing. Pepsi becomes "The Choice of a New Generation."
- Herman W. Lay Award of Excellence established at Frito-Lay to recognize world-class selling excellence.
1983 Milestones
- The Bottler Hall of Fame is established to recognize the achievement and dedication of international bottlers.
- "Dew It to It," theme is incorporated to brand Mountain Dew.
1982 Milestones
- Pepsi Free and Diet Pepsi Free, the first major brand caffeine-free colas, are introduced.
- Inauguration of the first Pepsi-Cola operation in China.
1981 Milestones
- PepsiCo passes $7 billion in sales.
- Tostitos brand crispy round tortilla chips are introduced by Frito-Lay.
- PepsiCo Fitness Center is completed; making PepsiCo one of the most advanced companies in the area of employee health and fitness.
- Frito-Lay begins nutritional labeling on a national basis.
- "Pepsi's got your taste for life!" is the new campaign.
- PepsiCo and China reach agreement to manufacture soft drinks, with production beginning in 1982.
- PepsiCo launches PepsiCo Food Systems (PFS), its restaurant supply company. PFS is sold to AmeriServe in 1997.
- "Give me a Dew" succeeds the slogan "Reach for the Sun, Reach for a Mountain Dew."
1980 Milestones
- PepsiCo Food Service International (PFSI) is formed to focus on overseas development of restaurants.
- PepsiCo now has 111,000 employees.
- First presentation of the international Donald M. Kendall Bottler-of-the-Year Award.
- Frito-Lay begins nationwide roll-out of Grandma's brand cookies.
- Garden designer Russell Page (1906-1985) begins to extend the gardens at PepsiCo.
- Pepsi is #1 in sales in take-home market.
1979 Milestones
- Opening of PepsiCo Research and Technical Center in Valhalla, N.Y.
- PepsiCo reaches $5 billion in sales.
- PepsiCo's international snack food operations continue to grow. It is now larger than Frito-Lay at the time of its merger with Pepsi-Cola.
- Pepsi's new campaign, "Catch that Pepsi Spirit!" reflects the upbeat attitude of an increasingly positive America.
- "Hello Sunshine" campaign remains basically intact, theme line is changed to "Reach for the Sun, Reach for Mountain Dew."
- Pepsi introduces twelve-pack cans.
1978 Milestones
- Taco Bell is acquired. Taco Bell was established in the mid 1960s by Glen Bell. It is spun off along with Pizza Hut and KFC businesses as Tricon Global Restaurants, Inc. in 1997. Later becomes YUM.
1977 Milestones
- PepsiCo acquires Pizza Hut, Inc. Pizza Hut was founded in 1958 by Dan and Frank Carney. It is spun off along with Taco Bell and KFC businesses as Tricon Global Restaurants, Inc. in 1997.
- PepsiCo passes the $3 billion mark in sales.
- PepsiCo stock splits three-for-one.
1976 Milestones
- The Pepsi Challenge, introduced in Dallas, Tex. in 1975, becomes a national campaign. Around the nation, consumers select Pepsi-Cola as the best tasting cola.
- PepsiCo adopts Code of Worldwide Business Conduct.
- Pepsi-Cola becomes the single largest selling soft drink brand sold in U.S. supermarkets. Advertising campaign is "Have a Pepsi day!" "Puppies,"
becomes one of America's best-loved ads.
1975 Milestones
- PepsiCo has 49,000 employees
- Pepsi Light, with a distinctive lemon taste, is introduced as an alternative to traditional diet colas.
- "Hello Sunshine" becomes the slogan for Mountain Dew.
1974 Milestones
- PepsiCo sales pass the $2 billion mark.
- Pepsi-Cola becomes the first American consumer product to be produced, marketed and sold in the former Soviet Union.
1973 Milestones
- Foods International, later called PepsiCo Foods International (PFI) and subsequently named Frito-Lay International, is established to market snack foods around the world.
- Individualism flourishes, Pepsi advertising picks up on the movement, plays it back as "Join the Pepsi people, feelin' free."
- The third Mountain Dew slogan appears "Put A Little Yahoo in Your Life."
1972 Milestones
- Mountain Dew, acquired by Pepsi-Cola in 1964, switches its advertising and package graphics from hillbillies to action-oriented scenes. Sales climb and Mountain Dew will become one of the 10 best-selling soft drinks in the United States.
- Don Kendall announces agreement making Pepsi-Cola the first foreign product sold in the then U.S.S.R. PepsiCo is given exclusive rights to import Stolichnaya Russian vodka in the U.S.
1971 Milestones
- PepsiCo Chief Executive Officer Donald M. Kendall assumes the position of chairman of the Board of Directors on the retirement of Herman W. Lay. Lay maintains an active role in the corporation until his death December 6, 1982.
- Andrall E. Pearson is appointed president of PepsiCo, a position he holds until his retirement in 1984.
1970 Milestones
- PepsiCo sales pass the $1 billion mark. The company has 36,000 employees.
- PepsiCo moves from New York City to new world headquarters in Purchase, N.Y. The new corporate headquarters feature a building by one of America's foremost architects, Edward Durrell Stone (1902-1978), set on a campus of 144 acres amid an outdoor sculpture garden.
- Frito-Lay begins a program of expansion. Over the next decade, the company opens, on average, more than one new plant a year.
- W.C. Fritos is introduced as Frito-Lay's new advertising mascot.
- Wilson Sporting Goods, a top name in sports equipment, joins PepsiCo. It is divested in 1985.
- Pepsi introduces the industry's first two-liter bottle.
- Pepsi is the first company to respond to consumer preference with lightweight, recyclable, plastic bottles.
1969 Milestones
- Bold, modern Pepsi-Cola packaging using red, white and blue is introduced. "You've got a lot to live, Pepsi's got a lot to give," becomes the advertising theme.
- Frito-Lay introduces Funyuns brand onion flavored snacks.
- Mountain Dew changes its slogan to "Get That Barefoot Feelin' Drinkin' Mountain Dew."
1968 Milestones
- North American Van Lines (NAVL), a premier transportation company, joins PepsiCo. NAVL remains a strong contributor to PepsiCo until it is divested in 1984.
1967 Milestones
- Pepsi Generation advertising, "Come Alive! You're in the Pepsi Generation" campaign that named and claimed a whole generation (1963-67), introduces a new theme: "Taste that beats the others cold. Pepsi pours it on!"
1966 Milestones
- Doritos brand tortilla chips are introduced. They are destined to become the most popular snack chip in the U.S.
- Pepsi enters Japan and Eastern Europe.
1965 Milestones
- PepsiCo, Inc. is founded by Donald M. Kendall, President and Chief Executive
Officer of Pepsi-Cola and Herman W. Lay, Chairman and Chief
Executive Officer of Frito-Lay, through the merger of the two companies.
Pepsi-Cola was created in the late 1890s by Caleb Bradham, a New Bern,
N.C. pharmacist. Frito-Lay, Inc. was formed by the 1961 merger of the Frito
Company, founded by Elmer Doolin in 1932, and the H. W. Lay Company,
founded by Herman W.Lay, also in 1932. Herman Lay is chairman of the Board
of Directors of the new company; Donald M. Kendall is president and chief executive officer.
The new company reports sales of $510 million and has 19,000 employees.
Major products of the new companies are:
- Pepsi-Cola Company - Pepsi-Cola (formulated in 1898), Diet Pepsi (1964) and Mountain Dew (introduced by Tip Corporation in 1948).
- Frito-Lay, Inc. - Fritos brand corn chips (created by Elmer Doolin in 1932), Lay's brand potato chips (created by Herman W. Lay in 1938), Cheeotos brand cheese flavored snacks (1948), Ruffles brand potato chips (1958) and Rold Gold brand pretzels (acquired 1961).
- Mountain Dew launches its first campaign "Yahoo Mountain Dew ... it'll tickle your innards."
