PepsiCo is one of the most successful consumer product companies in the world. It was founded by Caleb Bradham and consists of divisions like Frito-Lay, Pepsi-Cola, and Tropicana products. PepsiCo has a long history of acquisitions and spin-offs of brands. It is currently led by a board including Indra Nooyi as CEO. PepsiCo competes with Coca-Cola in the beverage market, with each company targeting different customer segments through variations in their marketing strategies.