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.
Type | Public |
---|---|
Industry | Beverages |
Founded | March 1999 |
Founder | PepsiCo |
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) |
Products | Pepsi Mountain Dew Sierra Mist Mug Root Beer Slice Sobe Aquafina Tropicana Dole Frappuccino (for Starbucks) |
Services | Bottling |
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 |
Parent | PepsiCo 41.7% share |
Subsidiaries | Bottling Group, LLC |
Website | pbg.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
- USA Today Q&A with CEO Eric Foss, USA Today, April 20, 2008