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Year 2003-2004 News & Magazine Articles

 

Pepsi Co. Advisory Board

Published: 2003
Source: Pepsi C. Annual Report

Seeking Outside Perspectives

To help build our competitive advantage, we continually seek the views of individuals who can provide unique perspective. We’ve created Advisory Boards to actively consult on various aspects of our business.

Ethnic Advisory Boards

Our Ethnic Advisory Boards were formed to provide management with an external perspective on diversity-related issues.

Having had active diversity programs for many years, the company wanted to look at its diversity efforts far more strategically, particularly in the marketplace, and this advisory board approach has been extremely helpful. Our African American Advisory Board was established in 1999.The Latino/Hispanic Advisory Board was formed the following year in 2000.

Individuals are carefully chosen, based on their diverse backgrounds, experiences and points of view. Several of them serve on the board of directors of other companies.

These boards provide counsel and ideas on a wide range of initiatives including:

  • Marketing to ethnic communities.
  • Creating alliances with ethnic retailers.
  • Developing products aimed at ethnic consumers.
  • Hiring, retaining and motivating diverse employees.
  • Expanding diversity representation among our employees, particularly in management.
  • Addressing conflicts and misunderstandings that could jeopardize PepsiCo's standing in diverse communities.
  • Developing diverse supplier and other business relationships.
 

Back row, left to right:
Dr. Ricardo R. Fernández,
Carlos A. Saladrigas, Victor Arias, Jr.,
Dr. Douglas X. Patino,
Maria Elena Torano

Front row left to right:
Oscar A. Chacón, Isabel Valdés,
George Munoz, Dr. Carlos H. Arce,
Gilbert Aranza,
Deborah Rosado Shaw

Seated, left to right:
Raúl Yzaguirre, Abelardo E. Bru

 

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