date:Mar 17, 2014
out PepsiCos $1.1 billion of unallocated costs and a breakdown of allocated corporate expenses. The company is dripping, dripping, dripping with opportunity to slash costs and refocus spending, Peltz said. PepsiCo also should disclose how much it has spent on direct marketing as a percentage of sales since 2005, the year before Nooyi became CEO.
The firm also challenged PepsiCo to prove that Nooyis acquisitions of bottlers werent a mistake and accused the company of damaging its crucial distrib