Who Owns Pepsi Co

PepsiCo is a publicly traded company, meaning it is owned by its shareholders. The largest shareholders are major institutional investors. As of December 2023, the top shareholders of PepsiCo were:

• The Vanguard Group (9.35%)
• BlackRock (7.96%)
• State Street Corporation (4.20%)
• Geode Capital Management (2.01%)
• Morgan Stanley (1.78%)
• Bank of America (1.66%)
• JPMorgan Chase (1.52%)
• Charles Schwab (1.35%)
• Northern Trust (1.16%)
• Norges Bank (1.13%)

These firms hold significant percentages of PepsiCo’s outstanding shares, but no single entity or individual has majority control. Instead, ownership is spread across millions of individual and institutional investors worldwide.^[1]

The company’s corporate governance is overseen by a Board of Directors elected by the shareholders. The day-to-day management is led by CEO and Chairman Ramon L. Laguarta.^[3]

References

• [1] PepsiCo – Wikipedia
• [3] PepsiCo : Notice of 2025 PepsiCo Annual Meeting and Proxy Statement