55-551: Faraaz is a masculine given name. Notable people with the name include: Faraaz Ayaaz Hossain (1996–2016), Bangladeshi crime victim Faraaz Khan (born 1974), Indian film actor Arts and entertainment [ edit ] Faraaz (2022 film) , a Hindi film on actual event See also [ edit ] All pages with titles beginning with Faraaz All pages with titles containing Faraaz Faraz [REDACTED] Name list This page or section lists people that share
110-488: A "responsibility" to continue to sell "milk and other dairy offerings, baby formula and baby food", and that "[b]y continuing to operate, we will also continue to support the livelihoods of our 20,000 Russian associates and the 40,000 Russian agricultural workers in our supply chain". In July 2022, it was announced that PepsiCo will rebrand its products in Russia to PepsiCo Russian brands such as Evervess and Frustyle, in response to
165-531: A 1 million peso grand prize, leading to riots and the deaths of five people. In August 2012, PepsiCo signed an agreement with a local Myanmar distributor to sell its soft drinks after a 15-year break to re-enter the country. SodaStream, which PepsiCo acquired in 2018 is based in Israel, while Sabra (which PepsiCo co-owns with the Israeli food conglomerate Strauss Group ) holds a 60% market share for hummus sales in
220-668: A Norwegian company, while the other ships were immediately sold for scrap. A deal struck the following year would've seen Pepsi acquire 85 ships worth nearly $ 3 billion over the next 10 years, but it only acquired 10 additional ships before the fall of the Soviet Union in 1991. The deal was renegotiated with the former nations of the USSR, and included receiving cheese from Russia to supply its Pizza Hut locations and receiving double-hulled tankers from Ukraine. These deals also originated an erroneous factoid which claims that, after acquiring
275-650: A food and beverage industry main brand is annual sales over US$ 1 billion. As of 2015, 22 PepsiCo brands met that mark, including: Pepsi , Diet Pepsi, Mountain Dew , Lay's , Gatorade , Tropicana , 7 Up / Teem , Evervess , Doritos , Brisk , Quaker Foods , Cheetos , Mirinda , Ruffles , Aquafina , Naked, Kevita, Propel , Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max , Tostitos , Sierra Mist (discontinued in 2023 in favor of Starry ), Fritos , Walkers , and Bubly . The structure of PepsiCo's global operations has shifted multiple times in its history as
330-604: A majority stake in Tropicana, Naked and other North American juice brands to French private equity firm PAI Partners for US$ 3.3 billion, so that the company can concentrate on its healthy snack food business. Pepsi will hold a 39% stake in the joint venture as well as having exclusive rights to the brand in the USA. In August 2022, PepsiCo acquired a $ 550 million stake in the energy drink maker Celsius. The Coca-Cola Company has historically been considered PepsiCo's primary competitor in
385-818: A new company named Tricon Global Restaurants, which later became known as Yum! Brands, Inc. PepsiCo also previously owned several other brands that it later sold so it could focus on its primary snack food and beverage lines, according to investment analysts reporting on the divestments in 1997. Brands formerly owned by PepsiCo include: Pizza Hut , Taco Bell , KFC , Hot 'n Now , East Side Mario's , D'Angelo Sandwich Shops , Chevys Fresh Mex , California Pizza Kitchen , Stolichnaya (via licensed agreement), Wilson Sporting Goods , and North American Van Lines . The divestments concluding in 1997 were followed by multiple large-scale acquisitions, as PepsiCo began to extend its operations beyond soft drinks and snack foods into other lines of foods and beverages. PepsiCo purchased
440-542: A result of international expansion, and as of December 2021 it is separated into seven main divisions: PepsiCo Beverages North America (PBNA), Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America, Europe, Africa, Middle East, South Asia (AMESA) and Asia Pacific, Australia/New Zealand, China (APAC). As of 2015, 73 percent of the company's net revenues came from North and South America; 17 percent from Europe and Sub-Saharan Africa; and 10 percent from Asia,
495-704: A tree was planted to honour Hossain in the Garden of the Righteous Worldwide, located inside the Italian Embassy in Tunis . The Garden was set up by a non-profit Milan-based organisation with co-operation of the Ministry of Foreign Affairs of Italy . It hosts trees and memorial stones dedicated to righteous Muslim individuals who saved human lives during genocides or massacres and fought against fanaticism. PepsiCo has taken
550-454: A wide span of developing and emerging markets, including the key countries of Egypt, India, Saudi Arabia, Pakistan and South Africa. In 2020, PepsiCo acquired Pioneer Foods, a leading food and beverage company in South Africa, adding its robust, well-known brands including Weet-Bix, Bokomo and Ceres to PepsiCo's portfolio. The Pioneer Foods acquisition is key to PepsiCo's growth strategy across
605-559: Is Kraft Foods (now Mondelez International ), which in the same year held 11 percent of the U.S. snack market share. Other competitors for soda are RC Cola , Keurig Dr. Pepper , and independent brands varying by region. In 1959, the USSR held an exhibition of Soviet technology and culture in New York. The United States reciprocated with an exhibition in Sokolniki Park , Moscow , which led to
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#1732877153841660-513: Is conducted via alternate means such as licensing (which it does with Aquafina), contract manufacturing, joint ventures, and affiliate operations. PepsiCo's businesses in these regions, as of 2015, contributed 10 percent to the company's net revenue worldwide. In 1992, the Pepsi Number Fever marketing campaign in the Philippines accidentally distributed 800,000 winning bottle caps for
715-794: Is the largest manufacturer of cookies in Mexico, distributing brands such as Emperador, Arcoiris and Marías Gamesa. The division contributed 4 percent of PepsiCo's net revenues in 2015. PepsiCo's Latin America Foods (Spanish: Snacks América Latina ) operations market and sell primarily Quaker- and Frito-Lay/Sabritas/Elma Chips-branded snack foods within Mexico, Central and South America, including Argentina, Brazil, Peru, and other countries in this region. Snacks América Latina purchased Peruvian company Karinto S.A.C. including its production company Bocaditas Nacionales (with three production facilities in Peru) from
770-534: Is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé . In 2023, the company's seat in Forbes Global 2000 was 82. PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola ; it is commonly referred to as the cola wars . Although Coca-Cola outsells Pepsi Cola in the United States, PepsiCo within
825-497: The Pearl Milling Company brand, which as of 2009 was the top selling line of syrups and pancake mixes within this region. Sabritas and Gamesa are two of PepsiCo's food and snack business lines headquartered in Mexico, and they were acquired by PepsiCo in 1966 and 1990, respectively. Sabritas markets Frito-Lay products in Mexico, including local brands such as Poffets, Rancheritos, Crujitos, and Sabritones. Gamesa
880-569: The orange juice company Tropicana Products in 1998, and merged with Quaker Oats Company in 2001, adding with it the Gatorade sports drink line and other Quaker Oats brands such as Chewy Granola Bars and Aunt Jemima , among others. In August 2009, PepsiCo made a US$ 7 billion offer to acquire the two largest bottlers of its products in North America: Pepsi Bottling Group and PepsiAmericas . In 2010 this acquisition
935-501: The Hayashida family of Lima in 2009, adding the Karito brand to its product line, including Cuates, Fripapas, and Papi Frits. The company started a new market strategy to sell its Pepsi Cola product in Mexico, stating that about one-third of the population has difficulty pronouncing "Pepsi". With manufacture and sales of its product under the label 'Pécsi', the advertisement campaign features
990-618: The Mexican soccer celebrity Cuauhtémoc Blanco . In 2009, PepsiCo had previously used the same strategy successfully in Argentina. Pepsico will market and distribute Starbucks products in several Latin American countries for 2016. The division contributed 13 percent of PepsiCo's net revenues in 2015. PepsiCo began to expand its distribution in Europe in the 1980s, and in 2015 it made up 17 percent of
1045-582: The Middle East, and Africa. PepsiCo and its combined subsidiaries employed approximately 263,000 people worldwide as of December 2015. This division contributed 35 percent of PepsiCo's net revenue as of 2015, and involves the manufacture (and in some cases licensing ), marketing and sales of both carbonated and non-carbonated beverages in North America. The main brands distributed under this division include Pepsi , Mountain Dew , Gatorade , 7 Up (outside
1100-613: The North American market is the largest food and beverage company by net revenue. Ramon Laguarta has been the chief executive of PepsiCo since 2018. The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. Pepsi has been repeatedly criticized by environmentalists for its relationship to negative environmental impacts of agriculture in its supply chain and in its distributing operations, such as palm oil –related deforestation and pesticide use, its use of water resources, and
1155-771: The Russian invasion. In September 2023, the Ukrainian National Agency on Corruption Prevention listed PepsiCo as a “war sponsor” for continuing to operate in Russia and, in particular, paying taxes. The AMESA sector consists of the Africa, Middle East and South Asia regions, and features many leading global and local snack brands including Lay's, Cheetos, and Doritos, along with local favorites such as Chipsy (Egypt), Simba (South Africa) and Kurkure (India and Pakistan), as well as various beverage brands including 7UP, Pepsi, Aquafina, Mtn Dew, Mirinda, and Sting. The AMESA sector covers
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#17328771538411210-456: The Soviet Union. Due to Soviet restrictions on transporting roubles abroad, PepsiCo struck a barter deal whereby Stolichnaya vodka would be exchanged for Pepsi syrup. In 1989, amidst declining vodka sales, PepsiCo bartered for 2 new Soviet oil tankers, 17 decommissioned submarines (for $ 150,000 each), a frigate , a cruiser and a destroyer , which they could in turn sell for non-Soviet currency. The oil tankers were leased out through
1265-497: The Soviet fleet, PepsiCo briefly possessed one of the most powerful navies in the world. In actuality, the only warships acquired by PepsiCo were "small, old, obsolete, unseaworthy vessels". For the fiscal year 2017, PepsiCo reported earnings of US$ 4.857 billion, with an annual revenue of US$ 62.525 billion, an increase of 1.2% over the previous fiscal cycle. PepsiCo's shares traded at over US$ 109 per share, and its market capitalization
1320-755: The U.S.), Tropicana Pure Premium orange juice, Starry , SoBe Lifewater, Tropicana juice drinks, AMP Energy , Naked Juice , and Izze . Aquafina , the company's bottled water brand, is also marketed and licensed through North America Beverages. In 2015, PepsiCo also introduced Stubborn Soda , a line of carbonated beverages without high fructose corn syrup . PepsiCo also has formed partnerships with several beverage brands it does not own, in order to distribute or market them with its own brands. As of 2010, its partnerships include: Starbucks (Frappuccino, DoubleShot, and Iced Coffee), LUnilever 's Lipton licensed brands (Lipton Brisk and Lipton Iced Tea), and Dole (licensed juices and drinks). Frito-Lay North America ,
1375-641: The age of three, at Sir John Wilson, Dhaka and studied there until class 2. Then he went on to join the American International School of Dhaka and graduated in 2014. For higher education Faraaz went on to Emory University in Atlanta in August 2014, where he would then be admitted into Emory's Goizueta Business School . In school at class 5 he received US President's ( George W Bush ) Education Award for outstanding academic excellence. Faraaz Ayaaz Hossain
1430-482: The beverage market, and in December 2005, PepsiCo surpassed The Coca-Cola Company in market value for the first time in 12 years since both companies began to compete. In 2009, The Coca-Cola Company held a higher market share in carbonated soft drink sales within the U.S. In the same year, PepsiCo maintained a higher share of the U.S. refreshment beverage market, however, reflecting the differences in product lines between
1485-784: The company were: order 100 Tesla Semi trucks, 30 of which have already been received, 40 Ford eTransits trucks for the Dallas - Fort Worth area, as well as the use of renewable energy storage, electric yard tractors BYD , Tesla semitrailers and Peterbilt electric trucks at a factory in Modesto , California . Quaker Foods North America , created following PepsiCo's acquisition of the Quaker Oats Company in 2001, manufactures, markets, and sells Quaker Oatmeal, Rice-A-Roni , Cap'n Crunch , and Life cereals , as well as Near East side dishes within North America. This division also owns and produces
1540-508: The company's global net revenue. Unlike PepsiCo's Americas business segments, both foods and beverages are manufactured and marketed under one umbrella division in this region, known as PepsiCo Europe . The primary brands sold by PepsiCo in Europe include Pepsi-Cola beverages, Frito-Lay snacks, Tropicana juices, and Quaker food products, as well as regional brands unique to Europe such as Walkers crisps , Copella , Paw Ridge, Snack-a-Jack, Duyvis , and others. PepsiCo also produces and distributes
1595-513: The company's total net revenue." Following the 2022 Russian invasion of Ukraine , a number of companies faced growing pressure to halt operations in Russia after not initially doing so. On March 8, 2022, PepsiCo announced in a letter from CEO Laguarta the "suspension of the sale of Pepsi-Cola ... our global beverage brands in Russia, including 7 Up and Mirinda ... [and] capital investments and all advertising and promotional activities in Russia." However, PepsiCo maintained it had
1650-579: The company. The division contributed 23 percent of PepsiCo's net revenue in 2015. Until November 2009, Christopher Furman, President of Ventura Foods Inc., occupied the position of Food Services CEO. In the second half of 2023, Frito-Lay, as part of the PepsiCo Positive initiative, will ship more than 700 electric vehicles (EV) to the US. The company predicts that this measure will reduce greenhouse gas emissions by 7,000 metric tons. Previous measures from
1705-684: The country to switch to Coca-Cola products. On December 2, 2019, PepsiCo acquired the snacks brand, BFY Brands , who were then folded into the Frito-Lay division. In March 2020, PepsiCo announced that it had entered into agreement to acquire Rockstar Energy for US$ 3.85 billion. In January 2021, as a plan to fight global warming, PepsiCo announced that it is planning to achieve net zero greenhouse gas emissions by 2040, knowing that it had already started generating about 57 million metric tonnes of greenhouse gas emissions globally in 2019. On August 3, 2021, PepsiCo announced that they have agreed to sell
Faraaz - Misplaced Pages Continue
1760-571: The decision to launch the annual Faraaz Hossain Courage Award from 2016, to be awarded each year for twenty years. The purpose of the award is to recognize acts of exceptional courage by individuals setting examples of empathy for fellow human beings, to encourage the spirit of bravery among Bangladeshi youth. PepsiCo PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York , in
1815-577: The early 1960s, Pepsi-Cola's product lines expanded with the creation of Diet Pepsi and purchase of Mountain Dew . In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated under Delaware General Corporation Law and headquartered in Manhattan , New York. The company's h eadquarters were relocated to the present location of Purchase, New York in 1970, and in 1986 PepsiCo
1870-449: The entire African continent. In addition to the production and sales of several worldwide Pepsi-Cola, Quaker Foods, and Frito-Lay beverage and food product lines (including Pepsi and Doritos), this segment of PepsiCo's business markets regional brands such as Mirinda , Kurkure , and Red Rock Deli , among others. While PepsiCo owns its own manufacturing and distribution facilities in certain parts of these regions, more of this production
1925-424: The famous kitchen debate . One of the American products exhibited was Pepsi Cola. After obtaining a photo of then–US vice president Richard Nixon and Soviet premier Nikita Khrushchev sipping Pepsi, PepsiCo executive Donald Kendall was able to capture the attention of the Soviet people, and in 1972 he negotiated a cola monopoly in the USSR and Pepsi became the first US consumer product to be produced and marketed in
1980-500: The hamlet of Purchase . PepsiCo's business encompasses all aspects of the food and beverage market. It oversees the manufacturing, distribution, and marketing of its products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. , PepsiCo has since expanded from its namesake product Pepsi Cola to an immensely diversified range of food and beverage brands. The largest and most recent acquisition
2035-509: The largest food and beverage company in Russia. In July 2012, PepsiCo announced a joint venture with the Theo Muller Group which was named Muller Quaker Dairy. This marked PepsiCo's first entry into the dairy space in the U.S. The joint venture was dissolved in December 2015. On May 25, 2018, PepsiCo announced that it would acquire fruit and veggie snack maker Bare Foods . It started quarter-owning allMotti in late November 2018 and
2090-501: The negative impacts of its packaging—Pepsi's packaging has consistently been one of the top sources of plastic pollution globally. Similarly public health advocates have criticized Pepsi's high-calorie, poor nutrition product lines along with other popular snack and drink manufacturers. In response PepsiCo has made public comments on its commitment to minimizing their impact but has not released public information documenting progress on most of its public commitments. The soft drink Pepsi
2145-679: The result of a merger in 1961 between the Frito Company and the H.W. Lay Company, produces the top-selling line of snack foods in the U.S. Its main brands in the U.S., Canada, and Mexico include Lay's and Ruffles potato chips; Doritos tortilla chips; Tostitos tortilla chips and dips; Cheetos cheese flavored snacks; Fritos corn chips; Rold Gold pretzels; Sun Chips ; and Cracker Jack popcorn. Products made by this division are sold to independent distributors and retailers, and are transported from Frito-Lay's manufacturing plants to distribution centers, principally in vehicles owned and operated by
2200-555: The same given name . If an internal link led you here, you may wish to change that link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Faraaz&oldid=1132612038 " Categories : Given names Masculine given names Hidden categories: Articles with short description Short description is different from Wikidata All set index articles Faraaz Ayaaz Hossain Faraaz Ayaaz Hossain
2255-403: The same year, slightly more than 60 percent of PepsiCo's beverage sales came from its primary non-carbonated brands, namely Gatorade and Tropicana . PepsiCo's Frito-Lay and Quaker Oats brands hold a significant share of the U.S. snack food market, accounting for approximately 39 percent of U.S. snack food sales in 2009. One of PepsiCo's primary competitors in the snack food market overall
Faraaz - Misplaced Pages Continue
2310-471: The soda company to a location close to Loft's own facilities in New York City. In 1935, the shareholders of Loft sued Guth for his 91% stake of Pepsi-Cola Company in the landmark case Guth v. Loft Inc. Loft won the suit and on May 29, 1941, formally absorbed Pepsi into Loft, which was then re-branded as Pepsi-Cola Company that same year. Loft restaurants and candy stores were spun off at this time. In
2365-612: The soft drink 7UP in Europe via license agreement. PepsiCo has 3 sites in South Africa (Isando, Parrow, and Prospecton) which produce Lay's and Simba chips. PepsiCo's European presence expanded in Russia in 2009 as the company announced a US$ 1B investment, and with its acquisition of Russian juice and dairy product brand Wimm-Bill-Dann Foods in December 2010 and Lebedyansky juice producer in March 2008. According to Reuters, "PepsiCo reported that in 2017, its Russian operations generated net revenue of US$ 3.23 billion, which made up 5.1 percent of
2420-661: The suit if the farmers grew potatoes for them. A number of Farmers' associations are requesting that the government get involved in the case stating that Pepsi is attempting to intimidate people. After pressure from the public as well as state and national governments, PepsiCo withdrew the lawsuit on May 2, 2019. On October 3, 2019, PepsiCo announced that they would leave Indonesia after terminating their partnership with local distributor PT Anugerah Indofood Barokah Makmur (AIBM). Both companies stopped production of PepsiCo products on October 10. This has resulted in KFC and Pizza Hut chains in
2475-402: The two companies. As a result of mergers, acquisitions, and partnerships pursued by PepsiCo in the 1990s and 2000s, its business has shifted to include a broader product base, including foods, snacks, and beverages. The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. Beverages accounted for less than 50 percent of its total revenue in 2009. In
2530-583: The war and a volatile sugar market in the war's aftermath damaged the company's financial health to such a degree that in 1923, Bradham declared bankruptcy and returned to running pharmacies in North Carolina. On June 8, 1923, the company trademark and secret recipe were purchased by Craven Holding Corporation. In 1931, Roy Megargel, a Wall Street broker, purchased the Pepsi trademark, business, and goodwill from Craven Holding in association with Charles Guth . Guth
2585-497: Was Pioneer Foods in 2020 for US$ 1.7 billion and prior to it was buying the Quaker Oats Company in 2001, which added the Gatorade brand to the Pepsi portfolio and Tropicana Products in 1998. As of January 2021, the company possesses 23 brands that have over 1 billion $ each in sales annually. PepsiCo has operations all around the world and its products were distributed across more than 200 countries and territories, resulting in annual net revenues of over US$ 70 billion. PepsiCo
2640-485: Was PepsiCo's first owned Tech and Computer Service company. On August 20, 2018, PepsiCo announced that it had entered into agreement to acquire SodaStream . The purchase was completed in December 2018 as part of a strategic plan to steer Pepsi toward offering healthier products. In 2019, PepsiCo sued four small farmers in India US$ 142,000 each for growing a type of potato it says it owns. Pepsi said they would end
2695-537: Was a 20-year-old Bangladeshi murder victim in the July 2016 Dhaka attack . He was the grandson of Latifur Rahman , chairman of Transcom Group and Shahnaz Rahman. Faraaz was the younger child of Simeen and Muhammad Waquer. He was studying undergraduate at the Goizueta Business School in Atlanta, Georgia , USA and came to Dhaka in mid May to spend his summer holidays. Faraaz Hossain started his school at
2750-578: Was also the president of Loft, Incorporated , a leading candy manufacturer based in Long Island City, New York. Loft ran a network with 115 stores across the Mid Atlantic at the time of Guth's acquisition. Guth used Loft's labs and chemists to reformulate the Pepsi syrup recipe, and he used his position as president of the company to replace Coca-Cola with Pepsi Cola at Loft's shops and restaurants. Guth also used Loft resources to promote Pepsi, and moved
2805-507: Was awarded the Mother Teresa Memorial International Award in 2016 because of his bravery, as a Bangladeshi and a Muslim he was not the terrorists' target, but he refused to abandon his two friends at the restaurant. Hossain is the first person to be conferred the award posthumously. Faraaz's mother and elder brother Zaraif received the award on his behalf at a ceremony at Mumbai , India . On 15 July 2016,
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#17328771538412860-557: Was completed, resulting in the formation of a new wholly owned subsidiary of PepsiCo, Pepsi Beverages Company . In February 2011, the company made its largest international acquisition by purchasing a two-thirds (majority) stake in Wimm-Bill-Dann Foods , a Russian food company that produces milk, yogurt, fruit juices, and dairy products. When it acquired the remaining 23% stake of Wimm-Bill-Dann Foods in October 2011, PepsiCo became
2915-622: Was developed by Caleb Bradham , a pharmacist and businessman from Duplin County, North Carolina . He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina . As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. The company was incorporated under Delaware General Corporation Law in 1919. Bradham's company experienced years of success leading up to World War I . However, sugar rationing during
2970-498: Was reincorporated in the state of North Carolina . After 39 years trading on the New York Stock Exchange , PepsiCo moved its shares to Nasdaq on December 20, 2017. Between the late-1970s and the mid-1990s, PepsiCo expanded via acquisition of businesses outside of its core focus of packaged food and beverage brands; however it exited these non-core business lines largely in 1997, selling some, and spinning off others into
3025-582: Was valued at over US$ 155.9 billion in September 2018. PepsiCo ranked No. 45 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. PepsiCo's product mix as of 2015 (based on worldwide net revenue) consists of 53 percent foods, and 47 percent beverages. On a worldwide basis, the company's current products lines include several hundred brands that in 2009 were estimated to have generated approximately US$ 108 billion in cumulative annual retail sales . The primary identifier of
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