Officials at PepsiCo, the parent company of Pepsi, Frito-Lay, Tropicana, Gatorade, and Quaker, realize what they have−which includes an expanding portfolio of 22 billion-dollar brands−and how they must transform to broaden its already considerable brand loyalty.
In her annual letter to shareholders, PepsiCo CEO Indra Nooyi talked about transforming the company’s portfolio with a strong eye toward an abundance of healthy choices.
“We continue to meet changing taste preferences by offering new products that....