PEP News & Events

Target (TGT) will require every cereal it sells to be made without certified synthetic colors by the end of May, Kelly Tyko of Axios reports. The shift puts Target among the first national retailers to remove the additives across an entire grocery category, Tyko writes. Major food companies including General Mills (GIS) and Kraft Heinz (KHC) have pledged to remove artificial colors from U.S. products by 2027, while the Trump administration has warned it may pursue regulations if companies fail to follow through. Other publicly traded food companies include PepsiCo (PEP), Campbell's (CPB), Conagra (CAG), and Coca-Cola (KO).

Celsius Holdings "announced the appointment of Christy Jacoby and John Short to its Board of Directors. Jacoby and Short were nominated by PepsiCo, Inc. following the resignation of Israel Kontorovsky and Michael Del Pozzo from the Celsius Holdings Board, effective immediately. Jacoby currently serves as Senior Vice President and Chief Financial Officer of PepsiCo (PEP) North America Operations, where she oversees financial strategy and performance of PepsiCo's approximately $40 billion foods and beverages business, including Frito Lay, Quaker North America and Pepsi Beverages. She brings more than two decades of finance and operational leadership experience across PepsiCo's global organization, encompassing financial planning, revenue management, strategy, innovation, supply chain finance and go-to-market finance."