PepsiCo’s top executive indicated on July 17 that the company may switch Pepsi’s sweetener from high-fructose corn syrup to sugar, one day after President Donald Trump said Coca-Cola would soon be making the change.
“Same journey that we have in foods, we’re following in beverages. This is a consumer-centric strategy. We’re following the consumer,” Ramon Laguarta, PepsiCo’s CEO, told investors on a call after being asked about Trump’s announcement.
