Eric Foss
President and CEO
John Berisford
Senior Vice President
Human Resources
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Why It's on the Top 50: What a comeback! Pepsi Bottling went from the 25 Noteworthy Companies to No. 2 on the Top 50 in one year. How did the company do it? Excellence across the board in all four areas measured, especially CEO Commitment and Corporate Communications.
Description: Pepsi Bottling Group is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages. Pepsi Bottling group spun off from PepsiCo (No. 10 on The 2007 DiversityInc Top 50 Companies for Diversity list) and was incorporated on Jan. 6, 1999.
From President and CEO Eric Foss: "Diversity is an important component of our business strategy. We know that to ensure PBG's continued success in the marketplace, our company's composition needs to reflect the diverse customers, consumers and communities that we serve."
Diversity Strengths: CEO and President Eric Foss chairs the diversity council (only 52 percent of Top 50 companies do this).The company donates 41 percent of its philanthropic endeavors to multicultural organizations (the Top 50 average is 33 percent). Pepsi Bottling Group has mandatory diversity surveys (only 30 percent of Top 50 companies have this).
Recent Diversity Success: PBG employees have completed more than 100,000 hours of diversity training since 2002.
More DiversityInc Articles on the Pepsi Bottling Group:
Mentoring: Opening Doors And Minds
Diversity Councils: Task Forces for Change
First Comes CEO Commitment
5 Reasons You Won't Get That Job
Corporate America Leads the Way Toward GLBT Equality
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Top 50 Rank: 2
Specialty Lists: No. 10 on the Top 10 Companies for Executive Women, No. 4 on the Top 10 Companies for Recruitment & Retention, No. 7 on the Top 10 Companies for African Americans, No. 2 on the Top 10 Companies for Latinos
Industry: Beverages
Main Competitors: Coca-Cola Enterprises
U.S. Headquarters: Somers, N.Y.
Number of U.S. Employees: 33,500
Annual Revenue: $12.7 billion
% of Operations Outside U.S.: 30
Key Personnel: Eric Foss, president and CEO; Barry Beracha, non-executive chairman; John Berisford, senior vice president, human resources; Ed Rodriguez, vice president of diversity (For more on Eric Foss, see pages 32 and 106 in the 2006 Special Issue of DiversityInc magazine. Ed Rodriguez was a presenter in DiversityInc's Webinar on mentoring)
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