The Pepsi Bottling Group

The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide. PBG had the exclusive right to manufacture, sell and distribute Pepsi-Cola beverages in all or a portion of 43 states, the District of Columbia, nine Canadian provinces, Spain, Greece, Russia, Turkey and Mexico. Approximately 70 percent of PBG's volume was sold in the United States and Canada. Pepsi Bottling Group was based in Somers, New York.

The Pepsi Bottling Group, Inc.
Public
IndustryBeverages
FoundedMarch 1999
FounderPepsiCo
Headquarters,
Number of locations
648
Area served
USA, Canada, Greece, Mexico, Russia, Spain, Turkey
Key people
Eric J. Foss, president and CEO (Began work and completed Mountain Dew Code Red, 1993)
ProductsPepsi
Mountain Dew
Sierra Mist
Mug Root Beer
Slice
Sobe
Aquafina
Tropicana
Dole
Frappuccino (for Starbucks)
ServicesBottling
Revenue US$13.2 Billion (FY 2009)[1]
US$1.05 Billion (FY 2009)[1]
US$612 Million (FY 2009)[1]
Total assets US$13.6 Billion (FY 2009)[2]
Total equity US$2.42 Billion (FY 2009)[2]
Number of employees
69,100
ParentPepsiCo 41.7% share
SubsidiariesBottling Group, LLC
Websitepbg.com

On August 4, 2009, The Pepsi Bottling Group and another major Pepsi bottler, PepsiAmericas, were purchased by PepsiCo, headquartered in Purchase, New York.[3] The purchases were completed on February 26, 2010, forming a wholly owned PepsiCo subsidiary, the Pepsi Beverages Company (PBC).


Management

  • Eric J. Foss, chairman and chief executive officer ( 2008 Forbes ranked #265 for executive pay: $1,730,000 )
  • President, PBG North America
  • Richard Glover, president, PBG Canada
  • Yiannis Petrides, president, PBG Europe
  • Brent J. Franks, senior vice president, worldwide operations
  • Eric Llopis, senior vice president, chief strategy officer
  • Ronald R.R. Neugold, vice president, foodservice
  • Tom Lardieri, vice president and controller
  • Mary Winn Settino, vice president, investor and public relations

Further reading

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.