Indra Nooyi
Chairman
CEO
Ron Parker
Senior Vice President
Human Resources
PepsiCo North America
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Why It's on the Top 50: A longtime national diversity leader, PepsiCo has continued its strong CEO Commitment under Indra Nooyi, who replaced Steve Reinemund, known for his proactive diversity support.
Description: The world's No. 2 soft-drink maker. PepsiCo owns Frito-Lay, the world's top maker of snacks.
From Chairman and CEO Indra Nooyi: "In addition to building a diverse work force, creating and sustaining an inclusive environment is key to ensuring that all PepsiCo associates feel completely at ease bringing everything they are to the workplace. We all have a profound responsibility to promote equality, and to advance the rights and opportunities of all people--for their sake, our sake, and for the sake of the world itself."
Diversity Strengths: The company has mandatory diversity training for the entire work force, compared with 58 percent of the Top 50, and mandatory employee surveys, compared with 30 percent of the Top 50. PepsiCo has unbiased retention rates for its work force and its management, meaning retention levels are the same regardless of race/ethnicity or gender. The CEO chairs the diversity council, which only occurs in 54 percent of the Top 50.
Recent Diversity Success: Launched an annual multicultural summit for 500 associates.
More DiversityInc Articles on PepsiCo:
The Bottom Line Is Diversity
Chief Executive Officers: Statistics
Historic Change: Indra Nooyi to Be CEO of PepsiCo
Candid Advice From CEOs on Diversity
PepsiCo's Diversity Legacy Includes Joan Crawford, CEO Indra Nooyi and First Black Sales Team
Five Ways Employee Surveys Work for Everyone
Multicultural Marketing? How PepsiCo Got It Started
Breaking Barriers: First Woman of Color to Head a Fortune 100 |
Top 50 Rank: 10
Industry: Consumer Products
Main Competitors: Cadbury Schweppes, Coca-Cola, Kraft Foods
U.S. headquarters: Purchase, N.Y.
Number of U.S. Employees: 62,251
Annual Revenue: $35 billion
% of Operations Outside U.S.: 41
Key Personnel: Indra Nooyi, chairman-elect and CEO; Ron Parker, senior vice president, human resources, PepsiCo North America
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