Pepsi is made by PepsiCo, a publicly traded company with no single controlling owner. Institutional investors hold the vast majority of shares — roughly 75% — with The Vanguard Group as the largest shareholder at around 10%.
Ramon Laguarta has served as CEO since 2018 and became Chairman in 2019. He’s a 25-year PepsiCo veteran and the first Spanish national to lead a major American multinational corporation. Laguarta personally holds a modest stake worth over $74 million, but like most modern public-company CEOs, he doesn’t come close to a controlling ownership position.
Quick Facts
| Company | PepsiCo, Inc. |
|---|---|
| Ticker | NASDAQ: PEP |
| Largest Shareholder | The Vanguard Group (~10%) |
| CEO & Chairman | Ramon Laguarta (CEO since 2018, Chairman since 2019) |
| Institutional Ownership | ~75.33% |
| Retail/Public Ownership | ~24% |
| Insider Ownership | ~0.64% |
Ownership History
| Year | Development |
|---|---|
| 1898 | Pepsi-Cola invented by pharmacist Caleb Bradham |
| 1965 | Pepsi-Cola merges with Frito-Lay to form PepsiCo, Inc. |
| 2018 | Ramon Laguarta becomes CEO, succeeding Indra Nooyi |
| 2019 | Laguarta adds the Chairman title |
| 2026 | PepsiCo remains a widely held public company with no controlling shareholder; Vanguard and BlackRock remain the largest institutional holders |
Key Ownership Highlights
- PepsiCo has no founding-family or individual controlling stake — it’s one of the more purely institutionally-owned major consumer brands, unlike some peers with dual-class founder control.
- Ramon Laguarta’s tenure as both CEO and Chairman since 2019 gives him strong operational control despite holding a minimal equity stake.
- PepsiCo’s ownership structure closely resembles other large-cap consumer staples companies, with Vanguard, BlackRock, and State Street among the top holders across the sector.
FAQ
Who owns Pepsi?
Pepsi is made by PepsiCo, a publicly traded company with no single controlling owner. The Vanguard Group is the largest shareholder at roughly 10%.
Who is PepsiCo’s CEO?
Ramon Laguarta has served as CEO since 2018 and also holds the Chairman title since 2019.
