Donald Kendall, who built PepsiCo into a soda and snack-food giant, dies at 99 - News Summed Up

Donald Kendall, who built PepsiCo into a soda and snack-food giant, dies at 99


Mr. Kendall told the Times in 1976 that he saw nothing controversial in connecting Edwards and Nixon. ADAfter being named Pepsi-Cola’s president and CEO in 1963, Mr. Kendall oversaw the company’s merger with the snack giant Frito-Lay two years later. Mr. Kendall was elected PepsiCo’s chairman in 1971 and continued in that role until 1991, five years after retiring as chief executive at age 65. PepsiCo settled a Securities and Exchange Commission case, agreeing not to violate federal securities laws going forward, and Mr. Kendall emerged from the episode with his reputation intact. When the Ku Klux Klan organized a boycott of Pepsi, Mr. Kendall responding by naming a second Black corporate officer.


Source: The Star September 21, 2020 03:45 UTC



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