PepsiCo Names Ramon Laguarta as President

PepsiCo announced Thursday the appointment of Ramon Laguarta, CEO of the company’s Europe and sub-Saharan Africa division, as President effective Sept. 1, filling a position that has been vacant for nearly three years.

Video: Ten Years of VEB

BevNET Live Summer 2017 got off to a billion-dollar start last month with a presentation from Scott Uzzell, president and general manager of The Coca-Cola Company’s Venturing & Emerging Brands division (VEB).

Press Clips: Bevi Raises $16.5M to Expand Business

Bevi raises $16.5M in Series B funding round; NFL wide receiver under house arrest claims kombucha caused him to fail court-ordered breathalyzer tests; Land O'Lakes seeks to restore dairy growth with startup accelerator; Popular Science explores food waste; ACON Investments acquires Borden Dairy

People Moves: Ex-REBBL CFO Joins Sipp

Former REBBL Beverages CFO Jim Arsenault joins Sipp, KonaRed gains a new board member and an executive management shakeup at Long Island Iced Tea.

Koia Announces $7.5M Fundraise

As part of the round, Bill Moses, co-founder of probiotic beverage brand KeVita, which was acquired by PepsiCo last year, will join Koia’s board of directors.

Juicero Cuts Staff, Evans Steps Back

In a letter sent to employees on Friday and shared with BevNET, Juicero CEO Jeff Dunn explained that the staff reduction, which was mainly sales and marketing employees, would allow the company to shift towards “more focused investment on product development, manufacturing, shipping and improving our sourcing of organic produce.”

Review: Soylent Adds New Flavors and Updates the Packaging

Soylent is continuing its evolution from being a bag of largely tasteless powder into a full-fledged beverage brand. Their latest offerings, Cafe Vanilla and Cafe Chai, are their best-tasting and best-looking products to date and prove to be a really great showcase for what Soylent can do.

Congressman Wants Hearing on Amazon’s Whole Foods Deal

Speculation that Amazon’s purchase of Whole Foods might spark legal backlash came to fruition this week as U.S. Representative David Cicilline (D-RI), the top Democrat on the House of Representatives Judiciary Committee’s antitrust panel, called for the subcommittee to hold a hearing on the online retail giant’s latest acquisition.

Beverages on Broadway: Non-Alcoholic Innovations Showcased in New York

Earlier this week, BevNET visited New York City to meet with two companies taking inspiration from the craft spirits movement to help elevate non-alcoholic drinking through complex flavors, eye-catching presentation or immersive on-premise experiences.

Review: Matero Sparkling Yerba Mate

Matero, which is a sparkling yerba mate drink, is a very straightforward product that was, according to the company’s website, inspired by the German drink Club-Mate.

Sol-ti Heads East with New Distribution

Looking to shine a bright light in the cold-pressed juice category, Sol-ti have already expanded from their native California into seven more states this year, with eyes on picking up another four or five by the year’s end.

People Moves: PepsiCo’s Khan Joins Indigo Board

Mehmood Khan joins Indigo Ag board of directors; Val Stalowir begins as new CEO of Reed's following founder's resignation; Mamma Chia hires new sales SVP; Mark Ellis moves on to next project with Rally; Caribou Coffee announces new CEO and President