Tammara To Succeed Controller Marie Gallagher Who Will Retire in May 2025 PURCHASE, N.Y., Dec. 11, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP)  today announced that Christine Tammara has been appointed Senior Vice President and Controller effective May 3, 2025, succeeding Senior Vice President and Controller Marie Gallagher, who previously announced her intention to retire. Tammara will report to PepsiCo Chief Financial Officer Jamie Caulfield.Tammara joined PepsiCo in 2007 and has served as Senior Vic ...

I have never had less than 80% of my money in American business. You can call them stocks. I don't wanna own anything else.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC ...

Core Insights - PepsiCo announced ¡Ya Oaxaca! as the winner of the Greenhouse Accelerator Program: Juntos Crecemos Edition, which supports emerging Hispanic-inspired food and beverage companies [1][2] - ¡Ya Oaxaca! specializes in artisanal Mexican mole sauces, adobos, and salsas, and will receive a $100,000 grant to scale operations [1][3] Company Performance - ¡Ya Oaxaca! achieved a revenue growth of 350% and expanded retail distribution by 200% during the mentorship program [3] - The company was selected from eight finalists based on its application of mentorship learnings to enhance operational efficiencies and improve gross product margins [3][4] Program Details - The Greenhouse Accelerator Program provides finalists with a $20,000 grant and hands-on coaching from PepsiCo experts in various fields [3][4] - The program aims to address challenges such as brand awareness, go-to-market strategies, and supply chain issues for participating companies [3][4] Industry Impact - The success of ¡Ya Oaxaca! highlights the potential for innovation in the food and beverage industry, particularly through the introduction of bold flavors and new product variations [4] - The Greenhouse Accelerator has evolved since its inception in 2018 to assist entrepreneurs in sustainability and meeting consumer needs [4]

Core Insights - PepsiCo is positioned for growth due to strengths in core categories, a diversified portfolio, improved digital capabilities, and flexible distribution systems [1] - The company has agreed to acquire the remaining 50% interest in Sabra Dipping Company and Obela, making it the sole owner of these brands [1][2] Company Overview - Sabra and Obela were established as 50/50 joint ventures with the Strauss Group in 2008 and 2012, respectively, focusing on refrigerated dips and spreads [2] - Sabra is a leading hummus brand with nearly $400 million in retail sales in the U.S., while Obela operates in Australia, New Zealand, and Mexico [3] Strategic Initiatives - The acquisition is expected to conclude by the end of the year, with PepsiCo aiming to innovate and adapt its portfolio to meet rising consumer demand in North America [4] - PepsiCo is focused on enhancing efficiency through cost reduction and reinvesting savings to develop scale and core capabilities [5] Financial Performance - The company has implemented holistic cost-management initiatives to improve productivity, which have positively impacted its margins, with core gross margin expanding by 111 basis points and core operating margin by 73 basis points [6] - Despite these efforts, PepsiCo's shares have declined by 7.3% over the past three months, slightly better than the industry's 7.6% decline, attributed to challenges in North American operations and adverse currency rates [7]

Core Points - The Center for Employment Opportunities (CEO) has received a 2024 Community Impact Award from the PepsiCo Foundation for its commitment to supporting justice-impacted job seekers [1][2] - CEO Denver has been recognized among 100 public charities and organizations in the U.S. and Canada for its dedication to community service [2] - The award will enable CEO to expand its services, helping individuals with criminal histories secure stable employment and achieve economic stability [3] Company and Industry Summary - The PepsiCo Foundation aims to create lasting change in communities by addressing issues such as economic opportunity, clean water, and food security through partnerships with local nonprofits [2][4] - CEO operates in 30 cities and focuses on providing support to individuals with recent criminal histories, ensuring they have the necessary preparation to enter the labor force [3] - The PepsiCo Foundation emphasizes the importance of local organizations in understanding and addressing specific community needs, thereby fostering effective and sustainable solutions [4]

With Donald Trump re-elected for a second term, the stock market has rallied. Particularly, companies in the financial and technology sectors have benefitted, seeing their share prices rise to new 52-week highs.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due dili ...

The S&P 500 may be hitting an all-time high, but these three safe stocks are missing out.The broader indexes rallied after the election results, closing the week at all-time highs. But plenty of industry leaders were noticeably absent from the post-election run-up.Here's why Coca-Cola (KO -0.25%), PepsiCo (PEP 0.05%), and Procter & Gamble (PG -0.11%) are sitting on the sidelines but are three dividend stocks that could still be worth buying now. The consumer staples sector has slowedThe consumer staples sec ...

Core Viewpoint - PepsiCo successfully dismissed a lawsuit from New York's attorney general accusing the company of environmental pollution due to single-use plastic packaging, with the judge criticizing the case as lacking merit [1][2][3]. Legal Proceedings - The lawsuit, filed by Attorney General Letitia James, claimed that PepsiCo and its Frito-Lay unit were responsible for 17% of the plastic waste in and around the Buffalo River, endangering the local water supply [2]. - Justice Emilio Colaiacovo ruled that it would contradict established legal norms to hold PepsiCo accountable, emphasizing that individuals, not the company, were responsible for littering [3][4]. Judicial Commentary - The judge expressed that while environmental stewardship is important, the lawsuit's claims were unfounded and did not contribute to solving the pollution problem [4]. - Colaiacovo highlighted that the judicial system should not be burdened with lawsuits that seek to impose liability without clear evidence of wrongdoing [4]. Company Response - PepsiCo expressed satisfaction with the ruling, reiterating its commitment to reducing plastic waste and promoting effective recycling [5][6]. - The company emphasized that its resources are better spent on collaborative solutions rather than on legal disputes [5]. Broader Context - The lawsuit against PepsiCo is part of a larger trend, with various state and local governments and environmental groups targeting companies that utilize plastic packaging [6]. - The ruling comes shortly after a similar lawsuit was filed by Los Angeles County against PepsiCo and Coca-Cola regarding their single-use plastic packaging [7].

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PepsiCo is a beverage giant, but it is so much more than that -- and it looks like the stock is fairly priced today. PepsiCo (PEP -0.46%) is one of those companies that has been run so well for so long that investors tend to afford it a premium valuation. When the stock dips down to a fair price, or maybe even a bit lower, you jump on it. That's point No. 3 for why you should buy PepsiCo like there's no tomorrow right now. But let's look at points 1 and 2 first. 1. PepsiCo does a lot of things very well Pep ...